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it, which read…“We are sorry to inform you that starting from November 30th 32Red will no longer be operational.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.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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It moreover pronounced that this knock could swell by a further ￡9 million (.6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium.3 million) takeover of Gibraltar-based 32Red in April 2017, will reportedly focus instead on promoting its Unibet....

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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.ed to random closures of casinos and betting shops, which damages employment and revenues to the Exchequer. We hope, however, that these years spent together have been fantastic for you, as they have been for us....

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5 million (8. This controversial measure is set to be put to a vote on Wednesday afternoon and asks that all casinos and retail sportsbetting outlets in England be obliged to close their doors through to the end of December 2.”...

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it brand in the European country’s market.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.Plain proposal:However, GVC Holdings explained that this annual damage could now grow to as much as ￡34 million ( million) should parliamentarians approve a plan from Prime Minister Boris Johnson that would oblige all of its over 3,000 retail establishments in England to close for a month from Thursday....

 

 

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