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


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3 million) takeover of Gibraltar-based 32Red in April 2017, will reportedly focus instead on promoting its Unibet.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.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....


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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 (.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.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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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.it, which read…“We are sorry to inform you that starting from November 30th 32Red will no longer be operational.it durinblackjack dealer game dmiwg 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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Although it has yet to publish its third-quarter revenue, Kindred has posted an 8 percent hiPlain 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.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....