Independent UK bookmaker Betfred has revealed an operating loss of £76.7m in its most recent financial filings, with results impacted by a significant decline in earnings from its online business.
For the year ended September 2015, the company generated turnover of £10.4bn, although this was down 21 per cent versus the comparable period (which covered a 78 week period).
On an annualised gross basis, Betfred said that turnover had “significantly increased” across the business as a result [...]