As the world battles the COVID-19 pandemic, several national lotteries and gambling companies have pledged funds to help in this time of need.
Currently, the entire planet is in a state of emergency as each country attempts to stop the spread of the deadly Coronavirus COVID-19. In these times of need, many people, companies, and institutions step up in a collective effort to assist in any way possible.
While frontline workers, and those keeping the supply chains operational receive the most praise - and rightly so - we would also like to draw attention to the good deeds being done by some lotteries and gambling sites in this hour of need.
Many national lotteries will be directing funds into their country’s services that are fighting COVID-19. However, this story captured our attention as it could benefit everyone on the planet.
Australian Lottery donates AU$1m for vaccine research
The Lott, which is the home of the official lotteries in Australia, is set to donate AU$1m (around US$600,000) to accelerate vaccine research at the School of Chemistry and Molecular Biosciences at the University of Queensland. This is one of only six research facilities around the world whose task is to develop a vaccine for this virus.
With reports that it could take up to 18 months to have a vaccine publicly available, the Lott hopes that this additional funding can reduce the time frame.
Dr Trent Munro, the Project Director, said:
“This gift will help significantly accelerate vaccine development efforts – allowing us to move more activities to happen in parallel – and we are incredibly grateful for the support.
Additional funding means we can act now to work towards developing a safe and effective vaccine as quickly as we can to protect vulnerable people, including the elderly and healthcare workers."
Thank you message to Australian Lottery
bet365 CEO Awards £10m Grant to NHS
The world’s favourite online gambling company has stepped up in fine style with a generous £10m grant to University Hospitals of the North Midlands. The award comes from the CEO’s charity - the Denise Coates Foundation. The money is to be used to fight the coronavirus by increasing support for frontline workers and improving patient care at County Hospital in Stafford and the Royal Stoke Hospital.
The Chief Executive of University Hospitals Tracy Bullock expressed her delight:
“We are extremely grateful to the Denise Coates Foundation for this significant grant to support our staff and patients during COVID-19 and beyond. As a result of COVID we have rapidly established new ways of working but in some circumstances are lacking the technology to do this in the most effective way.”
Furthermore, bet365 has stated that it guarantees payment for all of its staff for at least the next 5 months. In addition, there will be no job losses during this period.
Final thoughts on gambling companies fighting COVID-19
The gambling industry has often been tarnished with a less than positive image, so it’s pleasing to see the good shine through when the world needs it most. We are certain that other operators are doing their bit, too.
Sadly, like many other sectors, COVID-19 has brought sports betting to a grinding halt. This has caused many staff at Australia’s TAB to be furloughed. Other companies with a large retail presence will also be weighing up their options, and it’s likely they too will seek government support.Last update: 22-04-2020
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