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Ladbrokes in line with expectations despite online decline

13th October 2011 7:45 am GMT

UK bookmaker Ladbrokes plc has reported a 3 per cent increase in group net revenues for the third quarter of 2011, as growth from the company’s UK retail business offset a marginal decline in digital revenues.

Digital net revenues were down 1 per cent during the period, with only the company’s online casino product recording growth, up 11 per cent year-on-year. Ladbrokes said that the growth reflected the increase in its slots content following a new [...]

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