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Ladbrokes Poker Revenue Falls By One-Third

First Quarter 2011 Poker Revenue Falls By 32.8 Percent At British Bookmaker

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British bookmaker Ladbrokes plc today published its interim financial statement for the first quarter of 2011.

Poker suffered a blow with net revenue down 32.8 percent compared to the first quarter of 2010.

However the company said there are “some signs of stabilisation with flat quarter on quarter net revenue and new signups showing quarter on quarter growth of 18.1 percent”.

The report also confirmed exploratory merger talks with 888 had been terminated with no agreement being reached.