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France Galop Projecting Losses

With PMU betting shops once again closed in French cafes during the national lockdown, France Galop projected during a board meeting on Monday that it could suffer a loss in betting revenue of around €30-million should those closures last through December. France Galop projects its loss per month of lockdown to be €15-million. Four thousand of the country's 13,000 PMU betting shops are currently closed. Betting in France had seen a 15% increase in July and August and a 10% rise in September after the country emerged from its first...

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