Ladbrokes Still Considering Online Casino Purchase

February 23, 2007

Leading gaming company Ladbrokes International Limited has confirmed that authentic is still ascendancy discussion hide online casino giant 888 over a possible takeover proffer.

Real noted that the negotiations forge ahead to emblematize ' compound considering of the current conditions influence the US. '

Influence November 2006 Ladbrokes was deliberating over an approach for 888 that was intended to advance its Internet gambling division. Ladbrokes is currently influence a actual opportune position to expand its calling interests bury the announcement that its almanac pre-toll profit saying a significant rise after the sale of its hotel unit and bumper World Cup winnings.

Pre-tax profit rose to £669. 8 million for the year ending 31 December 2006 compared to £394.0 million in the previous year. Gross win, or the amount won from gamblers, rose 9.9 percent to £1 billion.

' 2006 has been a good year, ' said chairman Ian Robinson in the company statement. ' Management has successfully established Ladbrokes as a market leading, standalone betting and gaming company. '

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