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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.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.it, which read…“We are sorry to inform you that starting from November 30th 32Red will no longer be operational....

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In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012.it brand in the European country’s market. The Swedish online gambling operator said Unibet would “guarantee 32Red....

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Online gambling landscape:Revenue climbed 25. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market.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....

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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.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 (. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market....

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