Digital business drives profits at Ladbrokes Coral

Betting giant Ladbrokes Coral has seen revenues pick up pace thanks to a hefty jump in takings from its digital business.
By The Newsroom
Published 13th Nov 2017, 08:36 BST
Updated 12th Dec 2017, 12:05 BST
Date:17th April 2016. Picture James Hardisty. Halifax RLFC v Castleford Lock Lane, Ladbrokes Challenge Cup. Pictured Halifax Luke Ambler, scoring a try.Date:17th April 2016. Picture James Hardisty. Halifax RLFC v Castleford Lock Lane, Ladbrokes Challenge Cup. Pictured Halifax Luke Ambler, scoring a try.
Date:17th April 2016. Picture James Hardisty. Halifax RLFC v Castleford Lock Lane, Ladbrokes Challenge Cup. Pictured Halifax Luke Ambler, scoring a try.

The FTSE 250 firm said group net revenue had grown by 3% for the four months to October 29, compared a 2% fall in the second quarter.

The lion’s share of the growth came from its digital arm, with net revenue climbing 12% as online gaming firm Sportsbook rose 18% and Gaming net revenues pick