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6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium.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. We are following government advice in each area of our operations and are enacting contingency plans to minimize the impact on the business....
We hope, however, that these years spent together have been fantastic for you, as they have been for us. It was a difficult choice to make.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....
irect result of the proposed month-long coronavirus-related closure of its land-based venues in England. The company’s gross gaming revenue for the period was ￡484.Online gambling landscape:Revenue climbed 25....
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). 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.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....
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 players the warm welcome they deserve,” according to the source.it brand in the European country’s market....
