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99% of its existing equity after being forced to temporarily shutter every one of its 1,533 domestic bookmaking shops from March 23 as part of a government-led campaign to help stop the spread of the potentially-deadly coronavirus strain.Swedish online gaming solutions provider Yggdrasil has considerably expanded its reach in Italy after inking a software licensing and reseller agreement with the country’s leading gaming service provider, Microgame.According to a Tuesday report from the Financial Times newspaper, the London-listed operator is running a share offer for up to 19....
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Vice President for Pragmatic Play, Lena Yasir, commented on the new partnership…“We are delighted to take our slot games live with ATG, who have a stellar reputation in Sweden. This latter move was purportedly a major factor in the bookmaker’s revenues from online sportsbetting dropping by almost a quarter year-on-year to further compound a halving of its aggregate revenue growth over the past six weeks.Damaging dearth:The Financial Times reported this footfall reduction has been further compounded by the almost entire coronavirus-related cancellation or rescheduling of this summer’s global sporting calendar including such potentially lucrative extravaganzas as the 2020 Summer Olympics and the 2020 UEFA European Football Championship....
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