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Ladbrokes said revenues declined 15% in its UK retail business, although the 3% decline in over-the-counter bets was better than expected.
The gross win margin, representing the amount left by losing gamblers, fell to 14% from 17.5% in the same period a year earlier.
The shares fell 9¾% following yesterday’s announcements, to 171.3p, down from 244p in May.





