Ladbrokes Income Grow Thanks To Favorable Sporty Results

Bookmaker ladbrokes reported a 13 percent increase income in intermediate results for the first six monhs of 2016. Igaming business writes about it.

The operator received £661.8 million arrived for six monhs until june 30, while profit before tax increased by 61% year in annual – before £39.8 million.

Ladbrokes operating profit grew by 34% – before £52.3 million, which is much larger than expected guidance.

Bookmaker, which is in the process of merging with gala coral, has proven itself well in the uk and europe, showing growth in both markets by 6 and 7%, respectively.