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Ladbrokes to close 41 Irish betting shops as part of major restructuring effort

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Ladbrokes is expected to close more than 40 of its Irish outlets as part of a major restructuring process aimed at reviving the fortunes of the bookmakers, *The Sunday Business Post* understands.

The British company has in the region of 200 betting shops around Ireland, but is planning to shut approximately 41 of them. Legal and accounting advisors have been retained to help implement the strategy.

Last week, the company announced another set of disappointing financial results for its Irish operations. “Our business in the Republic of Ireland was loss-making and did not deliver on its plan,” the company reported in its preliminary results for …

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