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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.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market....

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In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012.4 percent yearcrown cas ino chips yyki-on-year in September in Italy’s regulated online gambling market, with significant growth in the core iGaming and sports betting verticals aiding the ascent.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)....

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Strengthens Belgium offering:In related news, the Stockholm-listed gambling company recently announced the sig The company’s gross gaming revenue for the period was ￡484.it players the warm welcome they deserve,” according to the source....

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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. We hope, however, that these years spent together have been fantastic for you, as they have been for us.it players the warm welcome they deserve,” according to the source....

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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.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.irect result of the proposed month-long coronavirus-related closure of its land-based venues in England....