London-listed gaming operator Ladbrokes Coral Group has reported a net loss of £204.3m for 2016 as a result of significant non-trading costs relating to its merger, although revenue was boosted by strong growth in its Digital and European Retail businesses.

The company said that despite the merger and integration process, both the Ladbrokes and Coral businesses delivered on their individual 2016 priorities, with Ladbrokes successfully delivering positive customer metrics and Coral continuing its multi-channel and online growth in both the UK and Italy.

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GIQ Magazine