Tag Archives: Ladbrokes

Entain concludes messy 2023 on £879m loss as UK/Euro headwinds continue 

SBC News Entain concludes messy 2023 on £879m loss as UK/Euro headwinds continue 

Entain Plc has closed its full-year 2023 accounts declaring corporate losses (after tax) totalling £879m as group leadership proceeds with its transformation programme evaluating the firm’s brand portfolio, capital allocation and operating structures The LSE-listed gambling group announced its FY2023 results this morning, reporting that “results are in line with expectations and leadership is committed to improving operational execution to …

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Ladbrokes Stacey Carnell wins Betting Shop Manager of the Year award

SBC News Ladbrokes Stacey Carnell wins Betting Shop Manager of the Year award

Stacey Carnell was last night crowned ‘Betting Shop Manager of the Year’ at the Racing Post and SIS Betting Shop Manager of the Year event, becoming the fourth Ladbrokes employee to win the prize in the last eight competitions.  The Barnsley betting shop manager was presented with her trophy by ex-England and Yorkshire cricketer Ryan Sidebottom at Lord’s cricket ground …

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Entain triggers streamline as growth pains compound in Q3   

SBC News Entain triggers streamline as growth pains compound in Q3   

Entain Plc has outlined key initiatives to accelerate its operational strategy and improve the quality of earnings across its business portfolio.  The new plans were disclosed in Entain’s Q3 trading update, as the FTSE100 gambling group reported proforma net gaming revenue (NGR) declines across its Online and Retail units.   Q3 trading is tracked to the revised full-year EBITDA guidance of …

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Entain reiterates FY23 growth targets despite Q3 slowdown

Entain

Entain remains confident in achieving its full year revenue expectations despite experiencing ‘mixed’ trading during the third quarter, according to an update this morning from FTSE100 gambling group. The company is due to announce its Q3 trading update on 2 November, but detailed to investors that some aggravating factors have posed hurdles in Q3, including ‘adverse sporting results’ impacting sports …

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Nicola McGeady: Ladbrokes’ landing in the entertainment world

Nicola McGeady: Ladbrokes’ landing in the entertainment world

Entertainment is embedded in Ladbrokes’ products, the bookmaker’s Head of Public Relations, Nicola McGeady, explained to SBC shortly after the company signed a unique partnership in the events space.  At the end of July, the Entain brand signed a deal with AEG Presents, The O2 and NME, which saw the launch of Ladbrokes LIVE. A fan rewards platform offering entertainment …

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Entain: World Cup ‘growing audience and appetite’ for women’s football

SBC News Entain: World Cup ‘growing audience and appetite’ for women’s football

As the Women’s World Cup comes to a close this Sunday, Entain has revealed the ‘exponential growth’ of betting on the competition globally. The interactive entertainment group’s Ladbrokes and Coral brands in the UK recorded that the first three England games saw an average 21% of bets placed by women, compared to 17% in the 2022 Women’s Euros, and 13% …

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Ladbrokes pens ticketing partnership with AEG, NME and The O2

Ladbrokes pens ticketing partnership with AEG, NME and The O2

Ladbrokes has found a new way to engage with sports fans and entertainment consumers at large via a newly signed partnership with AEG Presents, The O2 and NME. The Entain sportsbook brand launched its Ladbrokes LIVE platform this week, a fan rewards system delivering access to tickets to live music and comedy shows.  There is no betting involved, but Ladbrokes …

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ASA upholds content complaint against Ladbrokes Tweets

SBC News ASA upholds content complaint against Ladbrokes Tweets

The Advertising Standards Authority (ASA) has upheld two separate complaints related to gambling content.  The watchdog informed stakeholders that it had ordered Ladbrokes and Jumpman Gaming to remove the content in question. For Ladbrokes, the offending content pertained to the language used in a pair of its tweets. The posts, which featured Newcastle United manager Eddie Howe and various other …

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Ladbrokes and PMU deal criticised by Belgian competition watchdog

Ladbrokes and PMU deal criticised by Belgian competition watchdog

The Belgian Competition Authority (BCA) has objected to a horse racing betting distribution agreement between Ladbrokes and Pari-Mutuel Urbain (PMU). Particular criticism was levied at the potential for the deal between the UK and French companies to limit the operator’s competition with one another in Belgium, breaching local and EU anti-competitive laws. Ladbrokes is founded and headquartered in London and …

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ASA lands blow on Ladbrokes over Jake Paul boxing ad

ASA lands blow on Ladbrokes over Jake Paul boxing ad

The Advertising Standards Authority (ASA) has warned Ladbrokes over an advert featuring social media personality Jake Paul after his boxing match against Tommy Fury. Ladbrokes had posted a tweet prior to the fight in February 2023 featuring an opinion poll and the question ‘So, we’ve got to ask the question… What’s next for Jake Paul? Vote here now’. Twitter followers …

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