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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 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.“We look forward to launching 32Red....
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We are following government advice in each area of our operations and are enacting contingency plans to minimize the impact on the business.6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium.Although it has yet to publish its third-quarter revenue, Kindred has posted an 8 percent hike in H1 revenue in spite of COVID-19’s impact on operations....
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Although it has yet to publish its third-quarter revenue, Kindred has posted an 8 percent hike in H1 revenue in spite of COVID-19’s impact on operations.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 (.it, which read…“We are sorry to inform you that starting from November 30th 32Red will no longer be operational....
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It was a difficult choice to make.6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium.5 million (8....
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irect result of the proposed month-long coronavirus-related closure of its land-based venues in England. We are following government advice in each area of our operations and are enacting contingency plans to minimize the impact on the business. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market....
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