Ladbrokes takes Covid hit

British bookmaker suffered a near 40% revenue drop in its Irish-led European shop network last year

Covid disruptions resulted in shop closures and restricted sporting activity.

British bookmaker Ladbrokes suffered a near 40% revenue drop in its Irish-led European shop network last year as Covid disruptions resulted in shop closures and restricted sporting activity.

The European retail division only includes shops outside of the UK and is dominated by the company’s betting shop network in Ireland. When the UK is included, retail revenues rose 1% last year.