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Prominent iGaming and sportsbook operator GVC Holdings has advised investors that it may lose up to ￡7 million ( million) as a direct result of the proposed month-long coronavirus-related closure of its land-based venues in England.it, which read…“We are sorry to inform you that starting from November 30th 32Red will no longer be operational.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....
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.’Read the filing from GVC Holdings…“The well-being, safety and security of our colleagues and customers is of paramount importance to us.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....
The Swedish online gambling operator said Unibet would “guarantee 32Red. The Swedish online gambling operator said Unibet would “guarantee 32Red.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012....
”4 percent year-on-year in September in Italy’s regulated online gambling market, with significant growth in the core iGaming and sports betting verticals aiding the ascent.4 percent year-on-year in September in Italy’s regulated online gambling market, with significant growth in the core iGaming and sports betting verticals aiding the ascent....
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.Although it has yet to publish its third-quarter revenue, Kindred has posted an 8 percent hi It stated that these included a complete nationwide closure that ran for twelve weeks from March 20 alongside subsequent regional lockdowns involving Wales and large tracts of the north of England....
