Ladbrokes parent GVC sees profit beat as UK betting shops outperform
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(Reuters) - Ladbrokes-owner GVC Holdings sees earnings beating expectations this year as its UK betting shops fare better than feared in the face of stricter regulation on fixed-odds betting terminals.Its shares rose 5.5% to 577 pence by 0838 GMT, helping boost rival William Hill which rose as much as 7% a week after posting lower first-half profit hurt by the regulatory cap and costs of expanding in the United States.GVC was set to close up to 1,000 stores after Britain cut the maximum stake..