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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.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.5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation....
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 (.irect 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 Kindred Group plc (KINDSDB:Stockholm) subsidiary will cease online operations in Italy from November 30, 2020, according to a statement on the website 32Red. The company’s gross gaming revenue for the period was ￡484.it brand in the European country’s market....
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.Strengthens Belgium offering:In related news, the Stockholm-listed gambling company recently announced the sig6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium....
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 (.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 hope, however, that these years spent together have been fantastic for you, as they have been for us....
