Ladbrokes The trading week has finally come to a close and it could not happen quick enough for Ladbrokes. The gaming company had their stock drop by almost four percent on Friday, closing the week down over $10 a share.

Ladbrokes entered trading on Friday at $185.25 a share. By the close of the day, the stock had dropped $7.25, or 3.91%, to $178. The stock started the trading week at $188.25, but fell steadily throughout the week.

William Hill suffered a similar fate. Their stock also dropped over $10 for the week, closing on Friday at $194.75. The Friday drop was not nearly as harsh as Ladbrokes. William Hill began the day at $198.50, and only fell by 1.89%.

Big developments occurred this week for William Hill when the company acknowledged that they may be moving their operation offshore. Many UK bookmakers are contemplating going offshore, and William Hill may be the company that leads them there.

The company is dealing with increased competition from other bookmakers. It has caused them to examine where they can cut costs to ensure they continue to provide the best service for their customers.

Sportingbet was one of the few gaming companies that gained on the stock exchange on Friday. Although the gain was minimal. only 1.32%, the stock was still up to $57.75 a share.

Get $15 Free at the Best New Online Casino!

Lion Slots Casino