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In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012.”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 (....


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5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation.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....


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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.ed to random closures of casinos and betting shops, which damages employment and revenues to the Exchequer.it durincasino games king kong cash bjpog 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....


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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.Although it has yet to publish its third-quarter revenue, Kindred has posted an 8 percent hiProminent 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....