..

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

New York Regulator Fast-Tracks 10 Cryptocurrencies

New York Regulator Fast-Tracks 10 Cryptocurrencies

The New York State Department of financial services (DFS), the Bitlicense regulator, has published a Greenlist comprising 10 cryptocurrencies for custody and eight cryptocurrencies for listing. “Any licensed entity may use coins on the Greenlist for their approved purpose(s),” the regulator explained.

Florida Teen Arrested as Mastermind of Twitter Bitcoin Scam

Florida Teen Arrested as Mastermind of Twitter Bitcoin Scam

In one of the most high-profile security breaches in recent years, bogus tweets were sent out on July 15 from the accounts of Barack Obama, Joe Biden, Mike Bloomberg and a number of tech billionaires including Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Tesla CEO Elon Musk. Celebrities Kanye West and his wife, Kim Kardashian West, were also hacked. 

Bitcoin Continues to Surge Past 11K, Bitcoin Cash Up 13.8 Percent

Bitcoin Continues to Surge Past 11K, Bitcoin Cash Up 13.8 Percent

Bitcoin once again was trading above the 11K mark Tuesday as the digital currency continues to surge.

Bitcoin Back Up Above $10K Sunday

Bitcoin Back Up Above $10K Sunday

After several weeks of trading in narrow ranges, bitcoin breached $10,000 on Sunday for the first time since early June.

Wozniak Sues YouTube Over Bitcoin Scams, Did Twitter Employees Aid Hackers?

Wozniak Sues YouTube Over Bitcoin Scams, Did Twitter Employees Aid Hackers?

Apple co-founder Steve Wozniak announced he will be filing a lawsuit against YouTube, claiming the site failed to remove a s

Syndicate