Despite the action will have a material adverse effect on the company\’s future earnings, considering that 65% of Empire\’s revenues are generated from customers based in the US, the company will now focus its resources on developing its position in online gaming markets outside the United States as well as on leveraging its expertise in online marketing to other sectors in which it has not previously been involved.
Elsewhere, 32Red, which generates just an immaterial percentage of its revenue from the USA, announced that following the changes in US legislation, it will no longer accept any bets from the United States.
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