Tag Archives: Ladbrokes

Industry eagerly awaits Ladbrokes Coral 2016 results

FTSE-listed Ladbrokes Coral will be the last ‘industry giant’ to declare its full-year 2016 performance this Tuesday 28 March, as city analysts await the maiden financial results of the newly enlarged enterprise following its £2.3 billion merger closure last November. Updating the market this January, Ladbrokes Coral governance detailed that full-year 2016 operating profits would be in-line with merger expectations …

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Jim Mullen – Stringent FOBTs limits will wipeout London bookmakers

Speaking to The Evening Standard on the opening day of the 2017 Cheltenham Festival, Ladbrokes Coral CEO Jim Mullen has warned the UK government that stringent limits on fixed-odds-betting-terminals (FOBTs) could force the closure of bookmakers and risk a significant number of job losses. UK bookmakers await the publication of the Department for Culture, Media and Sport (DCMS) official industry …

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SBC Bookies Corner – Strange World…Trump The Reality!

Last October SBC covered the betting phenomenon of Donald Trump who had shaken up bookmaker political markets. His surprise US Election victory rocked global politics, the media, public and bookmakers who now have to adapt to a Trump Presidency and Administration.    Following the first two months of Trump’s volatile presidency, SBC’s latest ‘Bookies Corner’ asks bookmakers and industry stakeholders …

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Appeal loss sees Ladbrokes hit with £70 million HMRC tax charge

UK business news sources have reported this weekend, that bookmaker Ladbrokes has been hit with a £70 million tax charge relating to an overturned UK Revenue & Customs (HMRC) ‘2008 tax avoidance’ scheme. The UK Tax Tribunal stated that Ladbrokes Group and its auditor Deloitte knowingly exploited a 2008 tax loophole relating to loans between corporations and third parties to …

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Ladbrokes Coral appoints The7stars as lead media agency

London independent full-service marketing agency The7stars has been awarded the consolidated media planning and buying account of FTSE-listed bookmaker Ladbrokes Coral, valued at an estimated £40 million. Completing its £2.3 billion merger last November, Ladbrokes Coral governance has begun to implement the new enterprise’s post-merger operational strategy seeking short-term corporate savings of between £60-70 million.   Following a closed pitch, …

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Ladbrokes – Females lead the pack for BBC’s Doctor Who

Ladbrokes has placed British/Australian actress Tilda Swinton as favourite to take on the popular role of BBC’s Doctor Who, replacing former incumbent Peter Capaldi. Following strong speculation on the Oscar winner becoming the first female to play the Doctor in the shows 54-year history, bookmaker Ladbrokes has placed Swinton as outright 7/2 frontrunner leading British actor Kris Marshall (‘the guy …

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TRP dispute sees ARC shut down Ladbrokes racetrack betting points

Arena Racing Company (ARC) has ordered Ladbrokes to shut down its six racecourse properties due to its ongoing content dispute with joint-venture subsidiary The Racing Partnership (TRP). The bookmaker has been told that retail points at Doncaster, Wolverhampton, Lingfield, Worcester, Southwell and Windsor racetracks will be shut down for an ‘indefinite period’. ARC’s decision follows legal charges by TRP against …

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Appointment of Annemarie Durbin sees Ladbrokes Coral strengthen governance advisory

FTSE-listed Ladbrokes Coral Plc has confirmed the appointment of Annemarie Durbin as a Non-Executive Director to it business. Durbin a thirty-year banking and international business executive will advise the newly formed Ladbrokes Coral board as the newly merged company looks expand its services internationally. Durbin has prior governance advisory experience, as she currently serves as a non-executive director to WHSmith …

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GVC optimises player base with Beehive marketing platform

Beehive - Copyright: kentoh / 123RF Stock Photo

Beehive has agreed a multi-brand deal with GVC to supply its data-driven marketing platform to the operator’s Playtech brands. The GVC deal represents the latest Tier 1 operator agreement for Beehive, following the agreement to provide its customer marketing tools across Ladbrokes’ retail estate in September of last year. With a focus on automating and optimising its multi-channel promotional campaigns, …

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Djokovic defeat opens the door for Murray in Melbourne

Copyright: zhukovsky / 123RF Stock Photo

Novak Djokovic’s surprise five-set defeat to Denis Istomin in the second round of the Australian Open has opened the door for Andy Murray to claim a first title in Melbourne. The five-time beaten finalist and world number one is now odds on with the bookmakers to lift the trophy in the Rod Laver Arena on 29 January. However, it is …

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