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Ladbrokes focuses on the future as losses mount in H1

11th August 2015 8:48 am GMT

UK bookmaker Ladbrokes has recorded a 32 per cent drop in total operating profit to £38.9m for the first half of 2015, fuelled by a £11.5m operating loss from the company’s digital business.

Net revenue, including high rollers, fell marginally by 0.1 per cent to £388.8m during the six month period, with growth in UK Retail and digital offset by declines in the operator’s European Retail and telephone betting business.

"Our first half results reflect the challenge [...]

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