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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.6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium.5 million (8....
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.5 million (8.Online gambling landscape:Revenue climbed 25....
We hope, however, that these years spent together have been fantastic for you, as they have been for us. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market.”...
Strengthens Belgium offering:In related news, the Stockholm-listed gambling company recently announced the sig”5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation....
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).Troubling tally:All in and GVC Holdings stated that coronavirus could eventually end up hitting its annual bottom line for retail in the United Kingdom and Europe by as much as ￡43 million (.Troubling tally:All in and GVC Holdings stated that coronavirus could eventually end up hitting its annual bottom line for retail in the United Kingdom and Europe by as much as ￡43 million (....
