Cheltenham eats into Ladbrokes Ireland progress

British bookmaker Ladbrokes has seen a tough start to the year across its Irish operations, with horse racing results - particularly at last month's Cheltenham festival - going against it.

Online bingo and poker provider GVC Holdings, which acquired Ladbrokes-Coral for €4.6bn last year - said its net gaming revenue grew by 8%, year-on-year, in the first quarter.