Ladbrokes’ Irish unit remains in an unenviable position despite turning a €1.3m [$1.5m] loss in 2024 into a profit of €300,000 [$338,000] for 2025.
The company, which operates Entain shops across Ireland, is currently making a concentrated effort at cost-cutting if its Companies Registration Office (CRO) statement is anything to go by.
Staff costs dropped from €15.4m to €14.2m year-on-year as the company shedded some of its workforce, decreasing its monthly headcount from 542 to 526. Operating expenses as a whole fell to €21.5m (2024: €25.2m), though revenue also dipped with costs, taking a near 10% hit YoY from €36.8m to €33.2m.
Ladbrokes Ireland remains a going concern, but can rely on financial backing from the wider Entain Group to maintain that status.
