..

Ladbrokes Reports Strong Results Thanks To World Cup

Written by:
C Costigan
Published on:
Oct/11/2010
Ladbrokes

Strong third quarter results are being attributed to the summer’s World Cup betting at Ladbrokes.

The company reported operating profits of £51.1million over this period and says it is on target to meet the year’s goals.  The numbers are up dramatically from last year’s £22.4million.

The strong performance comes at a time when punters across the board have reduced their average betting stake by 5 percent.

Chief executive Richard Glynn said: 'Ladbrokes has a great brand and a strengthened management team determined to drive operational improvements going forward.'

Ladbrokes is the United Kingdom’s largest bookmaker.

Aaron Goldstein, Gambling911.com Business

Business/Financial News

Ver: COVID-19 Lockdowns Will Kill More Than Disease Itself

Ver: COVID-19 Lockdowns Will Kill More Than Disease Itself

Referred to as "Bitcoin Jesus," one of Bitcoin's earliest investors, Roger Ver, is among those in the camp that believes stringent home lockdowns to combat the Covid-19 pandemic will cause more harm than good.

Morehead: "Bitcoin Born in a Financial Crisis,  It Will Come of Age in This One"

Morehead: "Bitcoin Born in a Financial Crisis, It Will Come of Age in This One"

CEO of Pantera Capital, the first investment firm in the US to launch digital currency, pre-auction ICO, and blockchain-enabled venture funds, noted Monday that Bitcoin is up 1% on the year as of Monday while pointing to other financials including commodities and the S&P 500, all down by 15% or more.

Becoming a Bookie During the Coronavirus Pandemic

Becoming a Bookie During the Coronavirus Pandemic

With millions of people out of work and the anticipated slowdown in some sectors that will follow the coronavirus pandemic, opportunities are still plentiful for independent contractors and those with business smarts.  There may never be a greater time to become a bookie

Financial Markets Betting - April 1, 2020

Financial Markets Betting - April 1, 2020

Bookmaker.eu is currently offering odds on the financial market, specifically the OVER/UNDER on the Dow for April 1, 2020.  Today's number was set at 21250 -101

Bitcoin Bright Spot in Midst of Coronavirus Pandemic

Bitcoin Bright Spot in Midst of Coronavirus Pandemic

When the Stock Market started crashing a few weeks ago, cryptocurrencies followed the same downward spiral.  Suddenly on Wednesday Bitcoin and other digital currencies suddenly began to rebound.  That trend continued through Thursday.  In fact, Bitcoin was up a whopping 16.1% reaching a high of $6441.

Syndicate