And finally in wtf online gambling news, a fascinating update from GVC this morning. In their own words: "GVC started the year well, with Group net gaming revenue ("NGR") +1% and Online NGR up +19%cc1 in the first quarter"

Online was up 23% prior to the sporting calendar shut down, but since then there has been an "encouraging performance in gaming" that apparently it also expected. Some impressive logical contortions but OK. Either way gaming spend is mitigating sports betting declines materially.

Most interesting is the mitigating actions, which the group says will save it £50m a month in costs. These include taking advantage of the UK furlough scheme that saves £20m a month on its own, but also a reduction in sports marketing, data and trading costs.

For those trying to sketch out the narrative for the second quarter it's fairly simple. Gaming is capturing a chunk of sports betting spend and also seeing some natural incremental growth from the "bored at home with nothing else to spend it on" demographic in Europe.

Double digit growth for gaming should be expected at every operator through March and early April. But there are big questions on the underlying drivers of this activity, how long the spend can be sustained and to what extent it can be managed responsibly. Big big questions.

Finally for those trying to dig into the sports impact it's not immediately obvious from the results, but bearing in mind pre-shutdown online was up 23% and finished up 19% with large gaming growth in that last two weeks with sports ~40% of online it's not pretty is it.