Two of Britain’s best-loved bookies says punters aren’t visiting their shops as much these days.
The UK’s biggest bookmaker, Ladbrokes, and Dublin-based rival, Paddy Power, both say the credit crunch is making gamblers SPEND LESS.
Ladbrokes UK wagers at their High Street outlets FELL in the four months through October, the company said today, but wouldn’t go into greater detail.
So-called gross win — or the amount lost by gamblers — was unchanged, while winnings at Irish stores open a year or more slid 11 per cent.
Paddy Power also said betting shop takings have dropped in the last 19 weeks.
However, trade at the company’s remote gambling arm — online and telephone betting — ROSE 13 per cent over the 12 months, while Ladbrokes’ online recorded a 22 PER CENT INCREASE.