188bet sports betting is considering moving some operations out of the United States

Big Traffic Author of this article: Flush 2021-04-09
As understood,The company’s net loss in the first quarter of 2021 was US billion。

188bet sports betting (CCL.US) updated its operating data for the first quarter of 2021 on Wednesday:

The company’s net loss in the first quarter of 2021 was US billion;

Company ended Q1 with .5 billion in cash and short-term cash investments;

All future 188bet sports betting bookings in Q1 are approximately 90% higher than bookings in Q4 2020;

Although there is little advertising or marketing activity,But cumulative premium bookings for all of 2022 are stronger than 2019;

Average monthly cash burn rate in Q1 of 0 million,Better than expected;

Six of the company’s nine brands expected to resume limited guest 188bet sports betting operations this summer。

Arnold Donald, the company’s president and CEO, said: “We are committed to resuming operations as quickly as possible,And operate in the best interest of public health。Our highest responsibility,Also our top priority,Always comply with environmental protection and everyone's health、Safety and well-being。”

The company is resuming 188bet sports betting travel in phases,Carnival’s Aida division to resume guest 188bet sports betting operations in late March。It plans to restart sailings from international ports in the coming months,But Carnival and other 188bet sports betting operators are awaiting guidance from the U.S. Centers for Disease Control and Prevention,To resume sailings from U.S. ports。

The company stated,The suspension of all U.S. port operations has been extended to June 30。If permission is not obtained again to sail from the United States,May withdraw its fleet from U.S. ports。

188bet sports betting says,The guest who booked the ticket has received a cancellation notice,A full refund may be given。

In order to enable guests who booked the planned July package to travel smoothly,The company has extended the final payment deadline for orders for all sailings in July to May 31,You can choose not to add a fee。

Company says: “While we have no plans yet,To move 188bet sports betting ships out of the continental United States,But we may have no choice,Only in this way can we resume the business that has been suspended for more than a year。”

Wednesday,U.S. cruise ship sector rises,188bet sports betting (CCL.US) closed up 1.4%,Quoted at ;Norwegian Cruise Line (NCLH.US)、Royal Caribbean Cruises(RCL.US) both closed up。

*Source of this article: Flush, original title: "In order to resume business and international shipping business, 188bet sports betting ships may be moved out of the United States》.

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