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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. 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. The Swedish online gambling operator said Unibet would “guarantee 32Red....

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Although it has yet to publish its third-quarter revenue, Kindred has posted an 8 percent hike in H1 revenue in spite of COVID-19’s impact on operations.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.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012....

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The company’s gross gaming revenue for the period was ￡484. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market.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....

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irect result of the proposed month-long coronavirus-related closure of its land-based venues in England.it brand in the European country’s market.’Read the filing from GVC Holdings…“The well-being, safety and security of our colleagues and customers is of paramount importance to us....

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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.”Funds withdrawal deadline:According to a source, customers were advised by the operator to withdraw their funds bonline pokies australia no deposit free spins igcjy November 29 as the site would not be accessible to them after that date.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....