20 April 2012 – interim management statement

The bookmaking group has issued a positive trading statement covering the first quarter of the year, with both revenue and operating profits posting double digit percentage gains.  This strong performance was driven both by the retail shops as well as the online offering.  Mobile continues to grow in importance as penetrattion of handheld devices and smartphones increases.  The group should benefit from Euro 2012 later in the year and we retain our rating of LONG TERM BUY.