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Online gambling landscape:Revenue climbed 25.”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....

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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.Kindred, which completed its ￡176.Although it has yet to publish its third-quarter revenue, Kindred has posted an 8 percent hike in H1 revenue in spite of COVID-19’s impact on operations....

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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.6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium.8m....

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In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012. The company’s gross gaming revenue for the period was ￡484. It was a difficult choice to make....

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it, which read…“We are sorry to inform you that starting from November 30th 32Red will no longer be operational.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.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....