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High-rollers boost Ladbrokes in tough year for the bookies

 
/2008-03-04/

LONDON, England -- As reported by The Guardian: "Bookmaker Ladbrokes posted a 45% jump in profits ...thanks to rapid growth in over-the-phone bets and big revenues from betting shop roulette machines.



The chain said pre-tax profits increased to £344.2m in 2007 from £238.1m a year earlier as profits from its so-called fixed-odds betting terminals (FOBTs) rose by more than a fifth once payouts on winning bets were deducted.

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