Fitch: Ladbrokes Most Exposed to Gambling Machine Restrictions

Posted on February 28, 2014 by admin
Print this page

(The following statement was released by the rating agency) LONDON, February 27 (Fitch) Ladbrokes’ latest results show that it is the most exposed major UK bookmaker to the risk that the government will tighten regulations on gambling machines in betting shops, Fitch Ratings says. The group’s limited online presence and reliance on UK retail operations means it could face a material drop in earnings if new regulations were implemented. Nevertheless, the widespread introduction of the machines means that all operators would suffer.

Read the full article in Reuters online.