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Ladbrokes and Coral to close 300 shops later this year, owner warns

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www.mirror.co.uk

Hundreds of Ladbrokes and Coral betting shops could close their doors for good this year, bosses have warned. Bookmakers, which are "non essential" businesses, say trading has surged online since the start of the pandemic, which customers who would typically go in branch, now playing digitally.

Entain, which owns the two firms, said that online earnings from customers betting through its smartphone apps and websites have been up 50%, in its annual results this week.

Rob Wood, chief financial officer of Entain, said he expected most customers would return to stores once lockdown restrictions but said there will be some closures.

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