Tag Archives: Ladbrokes

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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Ladbrokes Coral serves up solid 2016 despite adverse December closing

Issuing its first trading statement this morning as Ladbrokes Coral Plc, the FTSE newcomer stated that full-year operating profits would be ‘in-line with its expectations’ of £275-285 million. Breaking down its profits target, Ladbrokes standalone operations are expected to generate circa £101 million, with Coral Group assets contributing expected corporate profits of £179 million. As anticipated Ladbrokes Coral governance detailed …

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Ladbrokes’ Donohue takes fifth place in the Tipster Challenge

Donohue - Copyright: iknowme / 123RF Stock Photo

Alex Donohue, PR Manager at Ladbrokes, landed his second winner in the final race of the day at Hereford to enter the Tipster Challenge in 5th place. The 4.11 points he collected from Long Call (3/1) and Lady Karina (11/10) put him between Coral’s John Hill and Sky Bet’s Michael Shinners in the latest standings. This meant that Stephen Harris …

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Betting industry asks…How long can President Trump last?

With President-Elect Donald Trump taking full US Presidential duties on 20 January (inauguration date), bookmakers are wondering whether ‘The Donald’ will survive a full four-year term as leader of the United States of America.   Trump who yesterday gave his first official press conference as President-Elect, having won the US Election on 8 November reemphasized to the world’s media that …

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