Bookie ukbetting reduces losses

Online bookmaker ukbetting today said first-half losses narrowed to £1.6m (€2.4m) after a revamp of its gaming websites spurred a 56% hike in turnover.

Ukbetting, which includes TEAMtalk and sportinglife websites among its brands, said the addition of virtual racing and fixed-odds casino games helped to cut losses from the £2.9m (€4.3m) posted a year earlier.