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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.ed to random closures of casinos and betting shops, which damages employment and revenues to the Exchequer.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....
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’Read the filing from GVC Holdings…“The well-being, safety and security of our colleagues and customers is of paramount importance to us.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. We are following government advice in each area of our operations and are enacting contingency plans to minimize the impact on the business....
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License awarded:After revealing in November 2011 that it hoped to launch in the Italian market the following year, AIM-listed operator 32Red was awarded an Italian eGaming license in March 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 (.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012....
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5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation.6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium.”...
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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. It moreover pronounced that this knock could swell by a further £9 million (.it, which read…“We are sorry to inform you that starting from November 30th 32Red will no longer be operational....
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