The largest bookie shop profit decline by half and justify it by putting the blame on the heat wave the Independent reported on 12 Aug 2013.
The boom times of the past three years with 40% profit jumps are not achievable. Ladbrokes told investors that the FOBT is now performing way below expectation as the heat wave a keeping people indoors.
With revenue declining by less than 10% but profits cut by 50% something is not right somewhere. More on Xingcai's webpage.
Gamblers are slave to gambling. Heat or frost won't hold them back.
ReplyDeleteOnly lack of funds will stop gamblers from gambling.
DeleteThe bookies learned from the farmers to blame the weather.
ReplyDeleteBookies act of blaming the weather for poor profits is a display of their bizarre creativity.
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