walsworth
Journeyman
I am amazed at the number of shops quoted here, 77 in Southwark alone. Would be interesting to know how many from each firm in one area.http://www.bbc.co.uk/news/uk-england-london-17028743
Just the usual busybody leftie weknowwhatsbestforyou rubbish
Just the usual busybody leftie weknowwhatsbestforyou rubbish
Are you not advocating at the moment that "the state knows best", or should I say that "the establishment" (bless their little string vests) knows best?I was pointing out Harmans usual left wing nannying streak (is this so difficult to understand?) which everyone is aware of. It is of course a feature of many on the left that "the state knows best"
Gambling machines boost Ladbrokes profits
By Racing Post staff 8:12AM 16 FEB 2012
LADBROKES on Thursday announced a 19.2 per cent boost from gambling machines, which triggered a £193.5 million full year operating profit for the company.
The firm reported an operating profit fall of 4.3per cent (from £202.3 million in 2010), but the numbers beat City expectations. The average forecast had been £187 million, according to a Thomson Reuters poll of 15 analysts. Revenue, which, like profits excludes high rollers, grew by 0.4 per cent at £980.3 million.
Gross win, total bets minus payouts, from machines rose by 19.2 per cent to £360.9 million.
Chief executive Richard Glynn said: "The contribution frommachines has been excellent and we have grown profit per shop for a second consecutive year despite a comparatively poor gross win margin in the second half of 2011 and continued cost pressures."
Ladbrokes blamed unfavourable sporting results, particularly in the fouth quater on their sportsbook margin which was almost two percentage points lower than in the same period of 2010.
Net debt was reduced by £38.1 millionand the company increased its dividend per share - final dividend of 3.90 pence up 4.0 per cent ( full year of 7.80 pence, up 2.6 per cent).