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The company’s gross gaming revenue for the period was ￡484.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.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....

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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.“We look forward to launching 32Red.Strengthens Belgium offering:In related news, the Stockholm-listed gambling company recently announced the sig...

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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.Online gambling landscape:Revenue climbed 25.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....

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irect result of the proposed month-long coronavirus-related closure of its land-based venues in England.Online gambling landscape:Revenue climbed 25.Continental concern:The Isle of Man-based behemoth also revealed that coronavirus-related closures and increased health and social distancing restrictions instituted across the rest of Europe have so far cost it approximately ￡10 million ( million)....

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In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012.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 (.6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium....

 

 

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