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3 million) takeover of Gibraltar-based 32Red in April 2017, will reportedly focus instead on promoting its Unibet.“We look forward to launching 32Red.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012....

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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.Online gambling landscape:Revenue climbed 25.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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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.it, which read…“We are sorry to inform you that starting from November 30th 32Red will no longer be operational.”...

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It moreover pronounced that this knock could swell by a further ￡9 million (.“We look forward to launching 32Red.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....

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