Bookmaker Ladbrokes said that the amount of money it won from bettors rose 8 percent in the 10 months through October.In the same period, profit before taxes and other costs rose 5 percent, the company said in a statement. “While a number of football and racing results went against us in October, early trading in November has been in line with expectations,” Chief Executive Christopher Bell said.
However, shares in Ladbrokes dropped 4.9 percent to 394.5 pence (US$7.46; €5.82) on the London Stock Exchange.
Ladbrokes confirmed earlier this month that it was in talks to possibly make a bid for 888, which along with many other London-listed gaming groups is trying to prop up its business after the United States effectively banned Internet gambling.
iht.com





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