news image thumb

Strong 2012 Figures for Ladbrokes

The financial results for Ladbrokes in 2012 have just been announced and there is some good news in there.

For a start, the UK wagering firm has grown their net revenue by a handy 7.4%, to bring up a total for last year of £1,053 million. The group operating profit is also up, this time by 8% to £206 million. These profits have enabled their net debt to be reduced by £67 million to a new total of just under £387 million.

These strong overall results mean that Ladbrokes have been able to increase their full year dividend by over 14%.

Big Plans for 2012 As Well

Among the betting company’s plans for 2013 are a net total of 100 new UK shops, which they hope will boost the already strong performance of their retail section. In fact, their UK retail operating profit for 2012 was a handsome £180 million.

On the digital front, net revenue in this area shot up by 9%, thanks in a large part to the firm’s sportsbook performance. UK punters will have access to a brand new sportsbook website in 2013 as well, while a mobile platform and the Betdaq acquisition are big stories for 2013.

Richard Glynn is the CEO of Ladbrokes and he said that they are carrying on with the job of transforming the firm. He pointed out the strong progress in the digital area and the overall “strong group performance”.  He then went on to start in 2013 they “continue to drive investment” where they see the possibility of growth.

Categorised Under: General Gambling News
User Rating
User Rating

Leave A Comment

Site Of The Month
Guts Casino

Guts Casino brings new games from BetSoft, Net Ent, Microgaming and IGT. New players can claim up to £300 and 100 free spins when they join guts.com.
Featured Site
Leo VegasFeatured
Casino Site

October 2015

Leo Vegas obviously believe that variety is the spice of life because they offer players games from four of the best casino software suppliers. They also extend a rather generous sign up offer to all players, so you know...
Last Visitor

Suvadeep Paylituzu Elkomandante Phenvargas Sbothai MaryDom Choosay WallaceM Heng Luis
Signup for your email updates.Get special offers, news, competitions and more!
Re: What is Asia Live Tech's iGaming Revenue Sharing Pool?
"We make a living by what we get, but we make a life by what we give. [color=#DCE9FE:1peb4r4r]s"

What is Asia Live Tech's iGaming Revenue Sharing Pool?
"One of the most revolutionary aspects of the modern iGaming industry is Asia Live Tech’s iGaming Revenue Sharing Pool program. The basic premise is that on top of the operator"

Inside Casinos Reviewer
New Casino Sites

New online casinos are the lifeblood of the gaming world. This is the reason we search long and hard for the newest casino sites, making connections with operators to ensure we bring you them first.

Take a look
Casino competition

Every month we run a free casino competition, you can enter these competitions by visiting their respective page.

Prizes for the home, casino chips, electrical items - we giveaway them all!


Take a look
Free Casino Reviews

The online casino scene is booming which is why it's so important to do your research before choosing a casino site to call home. Read the latest casino reviews arranged alphabetically.

Take a look
Internet Casino

The rise of the Internet casino market in the UK is great news for gamblers. Internet casinos are doing their best to attract new players to their sites with no deposit casino offers and promotions.

Take a look