Losing Run for Bookmakers

The JournalOctober 09, 2009

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Summary


BOOKMAKER Ladbrokes has revealed a 58% plunge in profits after it suffered a barren start to the English Premier League football season.

The slide in operating profits to pounds 22.4m for the three months to September 30 comes after a winning start to the season by Chelsea and Manchester United and the low incidence of draws - the bookies' favourite result.

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Extract


Losing Run for Bookmakers

The update on trading emerged as Ladbrokes announced plans to raise pounds ...

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