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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. We hope, however, that these years spent together have been fantastic for you, as they have been for us....

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it brand in the European country’s market. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market.3 million) takeover of Gibraltar-based 32Red in April 2017, will reportedly focus instead on promoting its Unibet....

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5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation.ed to random closures of casinos and betting shops, which damages employment and revenues to the Exchequer. It moreover pronounced that this knock could swell by a further ￡9 million (....

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”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.Although it has yet to publish its third-quarter revenue, Kindred has posted an 8 percent hi...

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it durinraging bull online greek btyxg the second half of the year and welcome the recent decision by Italian authorities to commence the procedures to approve online slot games from December 2012 onwards,” added Ware.Forward looking:In a statement at the time, former Ladbrokes executive and founder and former Chief Executive Officer for 32Red, Edward Ware, said…“The continued growth in revenues, particularly in light of strong comparatives, is testament to the strong new player recruitment resulting from more investment in our main market, the UK.it brand in the European country’s market....