January 22, 2018 / 10:48 AM / 3 months ago

BRIEF-Ladbrokes Says Clear That Stake Cuts Will Fail To Address Issue Of Problem Gambling

Reuters Staff

1 Min Read

Jan 22 (Reuters) - Ladbrokes Coral Group Plc:

* RESPONSE TO TRIENNIAL REVIEW £2 STAKE SPECULATION

* ‍NOTES STORIES IN PRESS THAT SPECULATE THAT SECRETARY OF STATE FAVOURS A £2 STAKE AS OUTCOME OF TRIENNIAL REVIEW CONSULTATION

* ‍”WE ARE VERY CLEAR THAT STAKE CUTS WILL FAIL TO ADEQUATELY ADDRESS ANY ISSUE OF PROBLEM GAMBLING”

* “WE WILL CONTINUE TO MAKE CASE FOR A SENSIBLE MEASURED, EVIDENCE LED AND PROPORTIONATE RESPONSE TO PUBLIC CONCERN” Source text for Eikon: Further company coverage:

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