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8m.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.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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Kindred, which completed its ￡176.In 2011, Italy regulated its online gambling industry, opening its doors to foreign operators from December 2012. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market....

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The Swedish online gambling operator said Unibet would “guarantee 32Red. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market. We hope, however, that these years spent together have been fantastic for you, as they have been for us....

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8m.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.Kindred, which completed its ￡176....

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