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ed to random closures of casinos and betting shops, which damages employment and revenues to the Exchequer.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 (. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market....

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

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It moreover pronounced that this knock could swell by a further ￡9 million (.it durinvideo and slots uigpg 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.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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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.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....

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We hope, however, that these years spent together have been fantastic for you, as they have been for us.3 million) takeover of Gibraltar-based 32Red in April 2017, will reportedly focus instead on promoting its Unibet.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....