Ladbrokes and bwin owner GVC has today warned of a £43m hit to profit if its gambling stores remain closed for an entire month under the latest coronavirus lockdowns in Britain and Europe. 

The bookmaker said it expects a dent in its total earnings before interest, taxes, depreciation, and amortization (EBITDA), led by an impact of £34m to UK retail alone. 

British Prime Minister Boris Johnson this weekend announced a one-month lockdown for England. This could be extended as Britain struggles to contain a second wave of the pandemic - the region has the biggest official death toll in Europe. 

GVC said it expects its wider European retail operations to be hit by about £9M, if outlets remained closed for all of November, as France and Germany also went into lockdowns over surging Covid-19 infections.  

However, the British company expects an overall lower hit of £37m under current store closure requirements. 

GVC said the estimated impact also includes benefits from government support and other cost cuts.