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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. The Swedish online gambling operator said Unibet would “guarantee 32Red.5 million (8....

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Online gambling landscape:Revenue climbed 25. It was a difficult choice to make.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....

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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.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....

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3 million) takeover of Gibraltar-based 32Red in April 2017, will reportedly focus instead on promoting its Unibet.Strengthens Belgium offering:In related news, the Stockholm-listed gambling company recently announced the sig3 million) takeover of Gibraltar-based 32Red in April 2017, will reportedly focus instead on promoting its Unibet....

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Kindred, which completed its ￡176.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).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 (....