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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.5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation....

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5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation.it players the warm welcome they deserve,” according to the source. It moreover pronounced that this knock could swell by a further ￡9 million (....

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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. 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.’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 players the warm welcome they deserve,” according to the source. The Swedish online gambling operator said Unibet would “guarantee 32Red.”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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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.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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