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Ladbrokes buoyed by online sportsbook as revenues decline

14th May 2010 9:17 am GMT

Ladbrokes plc said Friday that net revenues from its interactive division fell by 2 per cent for the four month period ended April 30th, with growth in the company's online sportsbook and bingo products offsetting declines in poker and casino. Overall Ladbrokes reported a 6 per cent drop in net revenues during the period, further impacted by declines in the company's UK and Irish retail operations.

Online sportsbook turnover rose 13 [...]

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