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Digital profits to halve in H1, warns Ladbrokes

28th June 2012 8:00 am GMT

Shares in UK bookmaker Ladbrokes fell by nearly 7 per cent in London this morning after the company warned that the year-on-year decline in profit from its Digital business for the first half of 2012 would be worse than expected following lower revenues generated during the second quarter.

The company had previously claimed that H1 Digital profits would be down compared to the same period a year ago as a result of the phasing of its [...]

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