Tag Archives: Ladbrokes

GVC finalises Ladbrokes Coral migration

Diversified Entain rides out 2020 retail storms

GVC Holdings has reached a ‘milestone’ after confirming that it has completed the migration of Ladbrokes onto its proprietary technology platform. The Ladbrokes migration marks the final stage of a ‘complex integration process’ after acquiring the brand in 2018. All brands acquired by GVC have now been migrated onto the GVC platform, including Ladbrokes, Coral, Gala Bingo, Gala Casino and …

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GVC revises credit facility terms trading on a more positive outlook

Diversified Entain rides out 2020 retail storms

GVC Holdings has moved to restructure terms on its revolving credit facility with existing lenders, allowing for greater flexibility as the FTSE firm navigates global COVID-19 business complexities. Last March, operating on a ‘worst-case scenario’ basis, whereby the global sports calendar would be suspended until August, GVC governance sanctioned access to a £550 million revolving credit facility, with a view …

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DCMS demands further ‘proactive steps’ to protect punters during lockdown

SBC News DCMS demands further ‘proactive steps’ to protect punters during lockdown

The government has urged UK gambling operators to ramp up its protection measures during the COVID-19 lockdown in a bid to mitigate what it has described as a “heightened risk of problem gambling”. In a letter to five chief executives of the largest gambling companies, the sports minister Nigel Huddleston (DCMS) has emphasised that “messages warning of risks and signposting …

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GambleAware donations top £10m for 2019/20

SBC News GambleAware donations top £10m for 2019/20

GambleAware has revealed that donations to the charity have surpassed its £10 million minimum target for the first time. Publishing the full list of donations received between 1 April 2019 and 31 March 2020, it revealed that gambling operators and suppliers had made £10.05 million in voluntary donations to the charity, which is not inclusive of money received through regulatory …

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Rangers FC and Ladbrokes end betting partnership 

SBC News Rangers FC and Ladbrokes end betting partnership 

SPFL football club Rangers FC has confirmed that it will not renew its in-stadia wagering partnership with bookmaker Ladbrokes, however the announcement seems to be little more than posturing from the Glasgow football club. This morning, Rangers Commercial Director James Bisgrove communicated that Ladbrokes in-stadia betting services would be discontinued from Ibrox in advance of the SPL 2020/2021 season. “Following …

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GVC costs £150m in potential COVID-19 group impacts

SBC News GVC costs £150m in potential COVID-19 group impacts

GVC Holdings Plc has followed industry precedent by issuing a corporate update on  COVID-19 impacts, following the subsequent cancellation/postponement of major sporting events.   For the period of 1 January to 23 February 2020, GVC has underlined that trading for the year-to-date has remained strong, with group NGR at +5%, reporting a 16% increase in online gambling benefiting from strong sports …

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Founder of Eastwoods bookmakers dies age 87

SBC News Founder of Eastwoods bookmakers dies age 87

One of Northern Ireland’s most prominent boxing promoters, and former owner of Eastwoods Bookmakers Barney Eastwood has died aged 87. Born in 1932, he was well known for founding the Eastwoods chain of betting shops. The retail betting estate was established in 1954 by Barney and his wife Frances Eastwood, and was Northern Ireland’s most prominent betting company. In 2008, …

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Countdown to Cheltenham: Ladbrokes on why The Festival is ‘a huge battleground’ for betting promotions

SBC News Countdown to Cheltenham: Ladbrokes on why The Festival is ‘a huge battleground’ for betting promotions

With only one more day to go until Jump racing’s biggest event of the year, SBC has continued the Countdown to Cheltenham by quizzing Nicola McGeady, Head of PR at Ladbrokes. She outlined the top runners and riders to keep a close eye on, and explained why punters can expect an even bigger range of competing promotional offers. SBC: Three …

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Oddschecker: Cheltenham data to dispel ante post perception?

File photo dated 15-03-2019 of Jockey Paul Townend celebrates his victory in the Magners Cheltenham Gold Cup Chase on Al Boum Photo during Gold Cup Day of the 2019 Cheltenham Festival at Cheltenham Racecourse.

The Cheltenham Festival 2020 has attracted almost 40% more ante-post punting in comparison to last year’s event, according to numbers released by Oddschecker. The figures showed an increase of 39.6% in the total staked from 2019 to 2020 across the same period of 1 January to 18 February.  Similarly, the number of ante-post bets went up by 9.7%. This represents …

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