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Shares for bookmakers rise as earnings meet forecasts
Thursday, 11.13.2008, 08:10pm (GMT)

TheU.K.'s biggest bookmaker Ladbrokessaidthis week it expects 2008 earnings to fall within the range ofanalysts' forecasts. Shares in Ladbrokes rose 4 percent, and PaddyPower's shares rose even higher, at 8.5 percent. Increased taxes inIreland may impact earnings for both firms, next year, however, expertssaid.

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