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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.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.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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”In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012.”...


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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. The Swedish online gambling operator said Unibet would “guarantee 32Red....


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”In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012.ed to random closures of casinos and betting shops, which damages employment and revenues to the Exchequer....


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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 (.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....