UK bookmaker Ladbrokes has reported a 9 per cent increase in digital net revenues to £178.1m for the full 2012 year following strong growth from the company’s online sportsbook, which is expected to be re-launched before the end of the first quarter.

Ladbrokes said that product development in 2012 was focused primarily on its core sportsbook product, with innovation in trading, continued expansion of Bet in Play and the phased roll out of its new digital website...

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