it means "Porco Dio!!", Curse word used many times in Italian, it's used to offend "god" or "lord", the translation in English could be: "omfg" or "fucking god", but in Italian it literally means: "God is a pig" or "Pig God", sometimes the "pig word" can be replaced with any other animal, the dog it's used more often.
porco dio (pd) ho perso di nuovo! -> omfg (which could significate pd) i lost again!
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