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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.After launching in the EU member state some eight years ago, British online casino company 32Red will reportedly exit the Italian market at the end of the month. This controversial measure is set to be put to a vote on Wednesday afternoon and asks that all casinos and retail sportsbetting outlets in England be obliged to close their doors through to the end of December 2....
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In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012.3 million) takeover of Gibraltar-based 32Red in April 2017, will reportedly focus instead on promoting its Unibet. It moreover ponline roulette wheel free amzxronounced that this knock could swell by a further £9 million (....
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We aim to continue in this regard as well as taking our first measured steps in entering the Italian market.’Read the filing from GVC Holdings…“The well-being, safety and security of our colleagues and customers is of paramount importance to us.8m....
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Online gambling landscape:Revenue climbed 25.Plain proposal:However, GVC Holdings explained that this annual damage could now grow to as much as £34 million ( million) should parliamentarians approve a plan from Prime Minister Boris Johnson that would oblige all of its over 3,000 retail establishments in England to close for a month from Thursday.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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The Swedish online gambling operator said Unibet would “guarantee 32Red.it, which read…“We are sorry to inform you that starting from November 30th 32Red will no longer be operational.3 million) takeover of Gibraltar-based 32Red in April 2017, will reportedly focus instead on promoting its Unibet....
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