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Experts Fear a Rise in Online Gambling Harm as UK Industry Awaits Crucial Review


For instance, despite its physical stores being shut for much of the past 12 months, FTSE 100-listed Ladbrokes owner Entain saw its core earnings rise 11% to £843.1 million ($1.19 billion) for 2020, £803.5 million of which came from a 50% surge in its online gambling offerings.
The company s stock notched a record high at £17.25 per share in late April and was up more than 36% year-to-date as of Monday s close. It s currently up around 124% from its recent low during the initial Covid-induced crash of March 2020. The likes of 888 Holdings, Rank Group and Gamesys have all performed strongly since last March. Meanwhile, Bet365 CEO Denise Coates recorded an annual pay packet of £469 million last year, one of the highest in British corporate history. ....

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