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Odds move sharply towards Britain staying in EU after Obama warning

Reuters - UK Focus

(Repeats to fix headline)

LONDON, April 25 (Reuters) - Betting odds have moved sharply in favour of Britons voting to remain in the European Union after U.S (Other OTC: UBGXF - news) . President Barack Obama cautioned last week against leaving the 28-member bloc.

The implied probability of a vote to remain in the June 23 referendum rose several percentage points to about 75 percent, according to live odds from bookmaker Betfair.

Ladbrokes (LSE: LAD.L - news) ' betting barometer, which is based on live odds, indicated on Monday a 73 percent chance of Britain voting to remain. (Reporting by Guy Faulconbridge; editing by Michael Holden)