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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. We hope, however, that these years spent together have been fantastic for you, as they have been for us. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market....
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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.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012.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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We aim to continue in this regard as well as taking our first measured steps in entering the Italian market.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.5 million (8....
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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.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012.”Funds withdrawal deadline:According to a source, customers were advised by the operator to withdraw their funds by November 29 as the site would not be accessible to them after that date....
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The Swedish online gambling operator said Unibet would “guarantee 32Red.“We look forward to launching 32Red.Kindred, which completed its £176....
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