Ladbrokes possessor sees just about $62 mln each month gain attain from pandemic

Apr 6 (Reuters) – Ladbrokes and bwin owner GVC said on Monday it expects to fall back 50 trillion pounds ($61.35 million) in substance lucre every month from the coronavirus lockdown and resultant halts in International sports, half its previous wrong count on simply notwithstanding gashed expectations for gain this class.

The company, which had antecedently estimated a step-down of 100 jillion pounds per month in 2020 earnings ahead interest, taxes, depreciation, and amortization, likewise said it was withdrawing its meantime dividend to conserves cash in.

($1 = 0.8151 pounds) (Reporting by Yadarisa Shabong in Bengaluru, Editing by Sherry Jacob-Phillips)

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