Place for holiday transfer, ultimately — livid here, say, having lost all cases? (7)

I believe the answer is:

riviera

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'place for holiday' is the definition.
(as in the French Riviera)

I don't understand how the rest of the clue works.

(Other definitions for riviera that I've seen before include "holiday destination" , "Warm coastal region" , "I arrive at fashionable European coastline" , "Coastal region between Cannes and La Spezia" , "Coastal area between Italy and France" .)

I've seen this clue in The Guardian.

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