Tag Archives: FTSE

Further to presenting William Hill’s new corporate objective ‘Nobody Harmed by Gambling’, Group Chief Executive Phillip Bowcock has penned an open letter to investors and sector stakeholders detailing William Hill’s enhanced initiatives on social responsibility and sector sustainability. Bowcock outlines that the industry must undertake a new approach in combating gambling harm in order to regain public trust… ______ “We …

FTSE bookmaker William Hill has set out its new corporate objective ‘Nobody Harmed by Gambling’ seeking to ‘eradicate problem gambling within the UK’. The bold objective sees William Hill place social responsibility and corporate sustainability at the forefront of its day-to-day operations. Presenting the initiative, William Hill governance has published an ‘immediate action plan’ detailing its new corporate sustainability strategy, …

FTSE250 gambling technology group Playtech Plc has today issued a corporate profit warning, detailing continued Asian market woes. Issuing its second Asia related profit warning over the past year, Playtech governance details a continued slowdown of its Asian market operations and services. “As previously reported, average daily revenue in Asia continues to be impacted by an increasingly competitive backdrop. Towards the end …

FTSE-listed gambling group GVC Holdings has confirmed the appointment of Virginia McDowell as an independent non-executive director with immediate effect. A 35-year industry veteran, McDowell will advise GVC governance and leadership on US market growth strategies, stakeholder management, resource planning and execution. McDowell was the former President and CEO of Isle of Capri Casinos, from 2011 until her retirement in …

UK marketing news source The Drum has reported that FTSE100 bookmaker Ladbrokes Coral Plc has appointed Noel Hamill as new Group Chief Marketing Officer (CMO). Hamill joins Ladbrokes Coral’s leadership team from UK mobile telecoms operator EE, where he most recently served as Managing Director of Marketing (2016-2018). Taking over CMO responsibilities, Hamill will be tasked with leading group marketing …

The High Court of England & Wales has sanctioned the outright takeover of Ladbrokes Coral Plc by GVC Holdings, clearing the deals ‘recommended offer’ for investors. GVC governance clears another final hurdle towards securing its industry-changing takeover of Ladbrokes Coral, which this March received both its investor and UK Competition & Markets (CMA) approval. Updating stakeholders, GVC details that its …

Issuing a market update, FTSE-listed online gambling group GVC Holdings has confirmed that it has secured the outright approval by the majority of its shareholders to acquire Ladbrokes Coral Plc. Holding an ‘extraordinary general meeting (EGM)’ this morning, the FTSE gambling firm’s investors have approved the takeover terms set out by GVC governance in its deal prospectus (published 9 February …

Issuing a market update, FTSE-listed online gambling group GVC Holdings has detailed that it has launched a ‘general syndication’ for its intended debt-financed takeover of Ladbrokes Coral Plc. Pursuing the larger FTSE100 Ladbrokes Coral enterprise, GVC governance has secured a syndicated ‘Lien Term B’ debt-bond valued at £1.4 billion (comprising £, € and US$ tranches). Furthermore, through the restructured debt …

William Hill’s new leadership team is confident of delivering the FTSE bookmaker’s ‘next chapter’ having closed a group-wide transformative 2017. The bookmaker’s £238 million impairment charge on the value of its Australian business, dominated industry headlines last week, as William Hill Chief Executive Philip Bowcock presented full-year 2017 results. Despite the Australian downturn, Bowcock details to investors that William Hill has undertaken …

Publishing its full-year 2017 results (period ending 30 December) FTSE250 gambling technology supplier Playtech Plc has delivered metric growth in-line with corporate expectations, despite facing headwinds in both its regulated and unregulated operations. The industry technology provider reports full-year 2017 group revenues of €807 million, up 14% on corresponding FY 2016’s €708 million. Closing its 2017 accounts, Playtech governance declares …