July 29, 2015
Following a month long review of Ladbrokes rescue plan for its embattled Irish retail betting division, Ireland’s High Court has granted approval to the operators rescue plan, ending the examinership proceedings entered by Ladbrokes Ireland in April 2015. Ladbrokes will be allowed to close 52 of its 196 Irish retail stores, the operator is set to keep 700 staff members …
Read More »May 22, 2015
Irish independent bookmaker Boylesports is lining up to buy Ladbrokes loss making Irish retail division. The division is currently under Irish High Court protection, following Ladbrokes appointment of examiner Deloitte in April. Having recorded 2014 division losses of €5 million, Ladbrokes Ireland operations are currently being re-structured, with the operator outlining the closure of 60 of its 196 Irish betting …
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