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SBD Global/February 26, 2014/Finance
Finance Notes: Ladbrokes Struggles As Pre-Tax Profits Plunge 66%
Published February 26, 2014
Ladbrokes’ pre-tax profits fell by more than two-thirds in '13, "underlining the UK bookmaker’s struggle to attract customers online and maintain its overall market share." On revenues of £1.1B, up 5.5%, group operating profit tumbled 38.9% to £144.2M. The digital b...