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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.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....

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5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation. The Swedish online gambling operator said Unibet would “guarantee 32Red.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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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.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.’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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It moreover pronounced that this knock could swell by a further ￡9 million (. 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.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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5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation.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.3 million) takeover of Gibraltar-based 32Red in April 2017, will reportedly focus instead on promoting its Unibet....

 

 

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