skip to main content

Irish strength a feature for Ladbrokes

Ladbrokes update - Eastwood buy boosts Irish presence
Ladbrokes update - Eastwood buy boosts Irish presence

Bookmaker Ladbrokes has said profits in the first four months of this year are 13% ahead of the same period last year.

In a trading update, it said gross win - the money taken in bets minus the amount paid back in winnings - rose by 16%.

There was even stronger growth of 43% in Ireland north and south, where Ladbrokes now has 281 betting shops, including the 54 acquired from Eastwood Bookmakers in the North.

Gross win in all Ladbrokes betting shops was up 4%, with particularly strong growth in football betting.

Net revenue growth from electronic gaming was 24%. This includes sports betting, games and poker. Ladbrokes said 25 shops it had acquired in Italy were trading well.