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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.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. 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.3 million) takeover of Gibraltar-based 32Red in April 2017, will reportedly focus instead on promoting its Unibet.it brand in the European country’s market....
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 (. We are following government advice in each area of our operations and are enacting contingency plans to minimize the impact on the business....
The Swedish online gambling operator said Unibet would “guarantee 32Red. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market.it, which read…“We are sorry to inform you that starting from November 30th 32Red will no longer be operational....
it players the warm welcome they deserve,” according to the source.”ed to random closures of casinos and betting shops, which damages employment and revenues to the Exchequer....
