Financial Times FT.com

High rollers dial up profits at Ladbrokes

By Maija Palmer

Published: February 28 2008 08:49 | Last updated: February 28 2008 08:49

Ladbrokes, the British bookmaker, reported a 45 per cent increase in pre-tax profits to £344.2m for 2007, after seeing a huge increase in telephone bets from a small number of high-roller customers.

Operating profits in the telephone betting business increased tenfold to £183.6m from £17.3m in 2006, almost all of which came from high rollers.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this