SIS (Sports Information Services), the broadcaster of racing and betting information to retail and online bookmakers has suspended all of its non-essential operations.
The move by SIS to close down all non-essential services has resulted in it having to furlough a significant number of staff effective immediately.
With the suspension of almost all live racing worldwide, and the closure of a significant number of worldwide retail betting outlets, SIS said that they have taken this action to protect its long term future and to be ready for the resumption of normal service for its customers and partners when it becomes appropriate.
In this interim period, SIS will continue to supply online content to operators while that content is live, although all services to retail operators will be suspended.
Richard Ames, CEO of SIS, said: “SIS is moving into an interim period of hibernation in these extraordinary times. I am pleased to be able to confirm that our intention is to come back just as strongly as before and to be back up and running to serve the needs of our customers as soon as live racing content returns to action.
“We are taking this action to protect the business and to preserve the jobs of our hard-working team. I thank each of them for their fantastic commitment to continuing to service our content partners and customers throughout the last challenging weeks and look forward to welcoming them back into the business as soon as possible.”