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´I think 2021 will be a difficult year, although less dramatic than 2020´- Guillermo Gabella, Boldt

(Argentina, SoloAzar Exclusive).- The end of the year is approaching, and as part of the balance of this challenging 2020, Guillermo Gabella, Press and Diffusion Manager and Legal Director of Boldt, spoke with SoloAzar about the situation of the gaming sector in general and also about Boldt company in particular. He also anticipated his expectations for 2021.

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Thursday 10 December

´I think 2021 will be a difficult year, although less dramatic than 2020´- Guillermo Gabella, Boldt. (Argentina, SoloAzar Exclusive).- The end of the year is approaching, and as part of the balance of this challenging 2020, Guillermo Gabella, Press and Diffusion Manager and Legal Director of Boldt, spoke with SoloAzar about the situation of the gaming sector in general and also about Boldt company in particular. He also anticipated his expectations for 2021.. "2020 has been a very difficult year for the sector, in fact in the case of Boldt, as of the date of this note, all the casinos that we operate in the Province of Buenos Aires, plus those that we operate jointly with our partner ( Grupo Peralada) in Santa Fe, Chile and Uruguay are closed, "said Gabella, who added:" This undoubtedly affected the profitability of the company, which fortunately, due to its financial solvency, and thanks to other businesses that are still affected due to the quarantine they generated income, it can bear this situation, without having laid off personnel. That attitude of the shareholders, mainly the Tabanelli family, and our Spanish partners (the Suqué Mateu family) to make a tremendous effort so that jobs are not lost Beyond the fact that legal figures were sought to avoid layoffs that imported a loss of income for our employees, I believe that it is the most positive of this very harsh situation, and I have full confidence that when I fully resume the activity d, what we hope will be soon, our people and our customers will recognize ".Regarding expectations for next year, he stated: "I believe that 2021 will be a year, still difficult, although less dramatic than this 2020. In effect, I believe that there will not be a normalized activity until late in the first half of 2021, although I believe that it will operate with protocols and less public. I trust that the arrival of vaccines will decompress the difficulties that the activity is going through, and the negative effects that this pandemic imposed on us will soon be left behind. "

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"2020 has been a very difficult year for the sector, in fact in the case of Boldt, as of the date of this note, all the casinos that we operate in the Province of Buenos Aires, plus those that we operate jointly with our partner ( Grupo Peralada) in Santa Fe, Chile and Uruguay are closed, "said Gabella, who added:" This undoubtedly affected the profitability of the company, which fortunately, due to its financial solvency, and thanks to other businesses that are still affected due to the quarantine they generated income, it can bear this situation, without having laid off personnel. That attitude of the shareholders, mainly the Tabanelli family, and our Spanish partners (the Suqué Mateu family) to make a tremendous effort so that jobs are not lost Beyond the fact that legal figures were sought to avoid layoffs that imported a loss of income for our employees, I believe that it is the most positive of this very harsh situation, and I have full confidence that when I fully resume the activity d, what we hope will be soon, our people and our customers will recognize ".

Regarding expectations for next year, he stated: "I believe that 2021 will be a year, still difficult, although less dramatic than this 2020. In effect, I believe that there will not be a normalized activity until late in the first half of 2021, although I believe that it will operate with protocols and less public. I trust that the arrival of vaccines will decompress the difficulties that the activity is going through, and the negative effects that this pandemic imposed on us will soon be left behind. "