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it brand in the European country’s market.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012.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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3 million) takeover of Gibraltar-based 32Red in April 2017, will reportedly focus instead on promoting its Unibet.6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium.”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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We hope, however, that these years spent together have been fantastic for you, as they have been for us.The London-listed firm is responsible for the Ladbrokes and Coral-branded chains of retail sportbetting venues and used an official filing to detail that its annual earnings in the United Kingdom have already been hit to the tune of around ￡27 million ( million) owing to a raft of earlier temporary shutdowns initiated to help stop the spread of the potentially-lethal coronavirus pandemic. The Swedish online gambling operator said Unibet would “guarantee 32Red....

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

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