SA Transcripts • Sat, Oct. 25
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- Ladbrokes has reached capacity - no soil for further growth.
- Increasing gambling duties will push the margins even lower.
- Conservative valuation model suggests 30% downside potential (spreadsheet available for further moderation).
- The business model cannot successfully compete against online rivals.
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Ladbrokes is a fixed odds betting company which is based in the United Kingdom. Co. is engaged in operations as a pure betting and gaming company comprised of Ladbrokes, a retail bookmaker in the United Kingdom and Ireland, Ladbrokes.com, a provider of interactive betting and gaming services,... More
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