commit 5942491150e1768e137bb682a721f2f96836f671 Author: philippheady2 Date: Mon Oct 20 07:38:23 2025 +0800 Add Ladbrokes Owner Sees Profits Boost Despite Gambling Crackdown diff --git a/Ladbrokes-Owner-Sees-Profits-Boost-Despite-Gambling-Crackdown.md b/Ladbrokes-Owner-Sees-Profits-Boost-Despite-Gambling-Crackdown.md new file mode 100644 index 0000000..d673409 --- /dev/null +++ b/Ladbrokes-Owner-Sees-Profits-Boost-Despite-Gambling-Crackdown.md @@ -0,0 +1,14 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Ladbrokes owner sees revenues boost regardless of [betting](https://gitlab.ujaen.es/fayemessner339) crackdown
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9 October 2019
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GVC, the [company](https://dev.neos.epss.ucla.edu/wiki/index.php?title=Unlock_Bet9ja_s_League_Free_Bets:_The_YOHAIG_Promotion_Code_Advantage) that owns Ladbrokes, says it expects its revenues to be larger than anticipated in spite of the [federal government's](https://calm-shadow-f1b9.626266613.workers.dev/cfdownload/https://www.kenpoguy.com/phasickombatives/profile.php?id=2985348) clampdown on gambling.
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The [company](https://git.vekus.ru/ezequielizn332) still [anticipates](https://git.k8sutv.it.ntnu.no/brodielefanu91) to close 900 stores over 2 years since of the maximum stake on [fixed-odds betting](https://gogs.spbda.ru/wildarafferty) [terminals](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) (FOBTs) being cut to ₤ 2.
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But while the usage of FOBTs has actually fallen, in the third [quarter](https://harry.main.jp/mediawiki/index.php/YOHAIG:_Your_Gateway_To_Bet9ja_League_Free_Bets_-_Complete_Walkthrough) more bets were being put [in-store](https://classifieds.ocala-news.com/author/roxie233473).
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[the yohaig code](https://worldaid.eu.org/discussion/profile.php?id=1117945) group, which likewise owns Coral, [stated online](https://gitlab.mi.uni-koeln.de/users/sign_in) [betting](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) is also up by 12%.
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In a 3rd update, it [upgraded](https://gitea.clintmasden.duckdns.org/terrellzuniga6) its [earnings guidance](http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/2206638/Default.aspx) for the full year to between ₤ 670-₤ 680m, from ₤ 650-₤ 670m.
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[Kenneth](https://harry.main.jp/mediawiki/index.php/%E5%88%A9%E7%94%A8%E8%80%85:MargaretSwan611) Alexander, GVC's president, stated: "I am happy that the group's monetary efficiency has actually allowed us to update our full-year profits before interest and tax expectations once again.
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"Online momentum remains strong throughout all major territories, with net gaming profits up 12% in the quarter despite the previous [period consisting](https://sun-clinic.co.il/he/question/bet9ja-promotion-code-yohaig-a-step-by-step-guide-to-the-bet9ja-league-free-bets-5/) of part of the World Cup."
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In August, the business announced plans to shut 900 stores - putting up to 5,000 tasks at risk - since of the cut in FOBTs maximum stakes from ₤ 100.
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There were 3,500 Ladbrokes and Coral shops at the start of the year, and some 198 have currently shut, with the rest arranged for closure by April 2021.
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Rival William Hill has said it will close 700 stores as an outcome of the regulatory clampdown. While GVC said income in the shops is down 18%, it still ahead of expectations.
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GVC showed that customers were discovering other methods to bet, as while earnings from makers - consisting of FOBTs - were down 36% in the quarter, there was 7% increase in betting in stores.
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But [the yohaig code](http://baylan.la.asu.edu:3000/zenaidawillshi) most significant growth was in online gambling, improved by a 16% increase in online sport wagering incomes. GVC shares were up almost 4% in early trading.
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