Ladbrokes Withdraws from Unprofitable Denmark

The structure of the regulated market may have contributed to Ladbrokes’ decision.

Ladbrokes plc

Ladbrokes has decided to withdraw from the regulated gambling market in Denmark because its operations in the country have “not delivered a satisfactory level of profit since the market regulated in 2012.”

The company which operates a poker room on the iPoker network has informed customers that they should withdraw their balances, and no new sign-ups are being accepted.

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July 10, 2015