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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.Online gambling landscape:Revenue climbed 25.it brand in the European country’s market....

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it, which read…“We are sorry to inform you that starting from November 30th 32Red will no longer be operational. We are following government advice in each area of our operations and are enacting contingency plans to minimize the impact on the business.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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5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation. The Swedish online gambling operator said Unibet would “guarantee 32Red.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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ed to random closures of casinos and betting shops, which damages employment and revenues to the Exchequer.”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....

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6 million) should similar month-long shutdowns be implemented across its retail estates in Ireland, Italy and Belgium. It moreover pronounced that this knock could swell by a further ￡9 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....