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irect result of the proposed month-long coronavirus-related closure of its land-based venues in England.The Kindred Group plc (KINDSDB:Stockholm) subsidiary will cease online operations in Italy from November 30, 2020, according to a statement on the website 32Red. The Swedish online gambling operator said Unibet would “guarantee 32Red....

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We aim to continue in this regard as well as taking our first measured steps in entering the Italian market.The London-listed firm is responsible for the Ladbrokes and Coral-branded chains of retail sportbetting venues and used an official filing to detail that its annual earnings in the United Kingdom have already been hit to the tune of around ￡27 million ( million) owing to a raft of earlier temporary shutdowns initiated to help stop the spread of the potentially-lethal coronavirus pandemic. It moreover pblackjack cas ino in shreveport la fqjaronounced that this knock could swell by a further ￡9 million (....

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The company’s gross gaming revenue for the period was ￡484.Continental concern:The Isle of Man-based behemoth also revealed that coronavirus-related closures and increased health and social distancing restrictions instituted across the rest of Europe have so far cost it approximately ￡10 million ( million).Forward looking:In a statement at the time, former Ladbrokes executive and founder and former Chief Executive Officer for 32Red, Edward Ware, said…“The continued growth in revenues, particularly in light of strong comparatives, is testament to the strong new player recruitment resulting from more investment in our main market, the UK....

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Online gambling landscape:Revenue climbed 25.it during the second half of the year and welcome the recent decision by Italian authorities to commence the procedures to approve online slot games from December 2012 onwards,” added Ware.it brand in the European country’s market....

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We are following government advice in each area of our operations and are enacting contingency plans to minimize the impact on the business.License awarded:After revealing in November 2011 that it hoped to launch in the Italian market the following year, AIM-listed operator 32Red was awarded an Italian eGaming license in March 2012.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012....