GVC sales hit by Beast from East as horse races cancelled

The group saw like-for-like retail gaming revenue drop 5% in the 20 weeks to May 20.

Betting sales were frozen by the Beast from the East (Ladbrokes/PA)

By Ravender Sembhy, Press Association City Editor

Sales at Ladbrokes owner GVC were dented by extreme weather in the first quarter, with horse racing cancellations hitting the firm’s performance.

The group saw like-for-like retail gaming revenue drop 5% in the 20 weeks to May 20, with sports betting falling 9%.