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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 (.6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium.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....

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In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012. It moreover pronounced that this knock could swell by a further ￡9 million (.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....

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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.Continental concern:The rich cas ino gueb the game today xungIsle of Man-based behemoth also revealed that coronavirus-related closures and increased health and social distancing restrictions instituted across the rest of Europe have so far cost it approximately ￡10 million ( million). We are following government advice in each area of our operations and are enacting contingency plans to minimize the impact on the business....

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5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation.“We look forward to launching 32Red.”...

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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 are following government advice in each area of our operations and are enacting contingency plans to minimize the impact on the business.it players the warm welcome they deserve,” according to the source....