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Cineworld expects fewer movie-goers during soccer World Cup

Reuters - UK Focus

May 8 (Reuters) - Cineworld Group Plc (LSE: CINE.L - news) , Britain's largest cinema operator, said it expects the soccer World Cup this summer to have a "negative impact" on admissions to its cinemas.

Shares in Cineworld were down 1.2 percent at 338.25 pence in early trading on the London Stock Exchange (Other OTC: LDNXF - news) on Thursday.

Cineworld reported a 34 percent jump in revenue for the 18 weeks to May 1, as more people visited its cinemas and paid more for their tickets. (Reporting by Aastha Agnihotri in Bangalore; Editing by Robin Paxton)