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5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation.it, which read…“We are sorry to inform you that starting from November 30th 32Red will no longer be operational.”Funds withdrawal deadline:According to a source, customers were advised by the operator to withdraw their funds by November 29 as the site would not be accessible to them after that date....

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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. 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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Online gambling landscape:Revenue climbed 25.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012. 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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’Read the filing from GVC Holdings…“The well-being, safety and security of our colleagues and customers is of paramount importance to us. We hope, however, that these years spent together have been fantastic for you, as they have been for us.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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ed to random closures of casinos and betting shops, which damages employment and revenues to the Exchequer.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.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....

 

 

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