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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.ed to random closures of casinos and betting shops, which damages employment and revenues to the Exchequer....

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ed to random closures of casinos and betting shops, which damages employment and revenues to the Exchequer.it brand in the European country’s market.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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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.it brand in the European country’s market.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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6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012.“We look forward to launching 32Red....

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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.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.it players the warm welcome they deserve,” according to the source....