Ladbrokes reports £43m pre-tax loss for 2015

[The Buzz]

It's the first time the company operated at a loss, which sounds pretty bad. But fourth quarter results had investors happy and many of the costs that drove that loss were "one-off costs" associated with its Ladbrokes' merge with Gala Coral. Of course, there were also POC taxes, which drove down net revenues as well.

https://www.google.com/url?rct=j&sa=...0lRAstvxcQiAwA

[betarades]

Bad news for ladbrokes. They will recover soon.