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Ladbrokes Owner Enten attributed the slow growth over the summer to customer-friendly sports results.
Groups, including brands Coral And Sportingbet said total group net gaming revenue (NGR) – the amount of money the company pockets after paying out winnings to customers – rose 7% at constant currencies, slower than 10% growth in the first half of the year.
It said this included an impact of between one and two percentage points due to adverse sports results in September.
But the group stuck to its full-year guidance for underlying earnings of between £1.1bn and £1.15bn despite the hit.
The firm’s US joint venture, BetMGM, also once again served as a bright spot as it raised its annual outlook after reporting a better-than-expected rise in revenue of 23% to US$667 million (£499 million) in the third quarter.
BetMGM, in which Enten holds a 50% stake with US casino giant MGM Resorts International, said it now expects net revenue of at least US$2.75 billion (£2.06 billion) and underlying earnings of about US$200 million (£150 million).
But shares fell 2% in morning trading on Wednesday.
Stella David, chief executive of Enten, said: “Enten’s transformation continues at pace.”
He added: “While we still have much work to do, our third quarter performance is testament to the quality of our diversified business and its underlying momentum.”
Enten said UK and ireland NGR at constant currency increased 8% year-over-year, with online up 15% and retail up 2%.
According to the firm, international NGR rose 1% at constant currency, driven by a 5% increase in online volume, which was largely offset by client favorable sports results in September.
Ms David – the former chairwoman of Enten – was confirmed as permanent chief executive earlier this year, having taken up the role on an interim basis when Gavin Isaacs resigned in February after just five months in the role.
The group has now had four bosses in the last five years.