Ladbrokes retail revenue drops

14 May 2010

LONDON, England -- Ladbrokes revenue fell 6 percent, with retail revenue hardest hit, according to The Daily Telegraph.

Ladbrokes attributed the retail drop especially in January to bad weather and punters wagering less cash across the counter, the report said.

While revenue may be down, operating profit actually rose 3 percent in the first four months of 2010, aided by Ladbrokes online gaming revenue, according to the Daily Telegraph report.

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	Ladbrokes retail revenue drops 14 May 2010 LONDON, England -- Ladbrokes revenue fell 6 percent, with retail revenue hardest hit, according to The Daily Telegraph. Ladbrokes attributed the retail drop especially in January to bad weather and punters wagering less cash across the counter, the report said. While revenue may be down, operating profit actually rose 3 percent in the first four months of 2010, aided by Ladbrokes online gaming revenue, according to the Daily Telegraph report.