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Strong quarter for Ladbrokes

SBC News Strong quarter for Ladbrokes

One of the UK’s oldest and largest retail bookmakers has warned of potential shop closures and job losses in 2015, because of regulatory uncertainty and a 5% hike in Machine Games Duty (MGD). Speaking as Ladbrokes released its Q1 Interim Management Statement, Chief Executive Richard Glynn, said: “The unexpected recent tax increases and ongoing uncertainty surrounding regulation are unwelcome. We …

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