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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.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....
it durin free casino games cashmang 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 Swedish online gambling operator said Unibet would “guarantee 32Red. It moreover pronounced that this knock could swell by a further ￡9 million (....
5 million) even if it takes advantage of ‘government support where available and other retail cost mitigation. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012....
it durin free casino games cashmang 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.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. It stated that these included a complete nationwide closure that ran for twelve weeks from March 20 alongside subsequent regional lockdowns involving Wales and large tracts of the north of England....
“We look forward to launching 32Red.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.Although it has yet to publish its third-quarter revenue, Kindred has posted an 8 percent hi...
