Ladbrokes owner posts higher revenues amid takeover approach
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Ladbrokes’ parent company Entain has said revenues for the past three months have been buoyed by continued online growth and improvement in its UK betting shops, in an update weeks after a takeover approach. The betting giant hailed a “strong” performance in its third quarter to September 30, as net gaming revenue increased by 4% against the same period last year. Jette Nygaard-Andersen, Entain’s chief executive officer, said: “These results demonstrate Entain’s continuing ability to deliver sustainable, consistent and diversified growth.
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