The new Scottish Premiership season kicks off on Saturday, with the league seemingly rejuvenated by the Hollywood appointment of Steven Gerrard as Rangers manager. Whether or not a serious title challenge can be mounted by the Ibrox club, a figure of Gerrard’s stature is a welcome addition to Scottish football, particularly in the wake of the hyperbole surrounding Adam Rooney’s transfer …
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GVC & MGM to create “one of a kind” platform for US expansion
As anticipated FTSE-listed GVC Holdings has this morning confirmed the establishment of its 50-50 US joint venture with MGM Resorts International (MGM). Updating the market, GVC governance states that the joint-venture will significantly expand its US position granting direct access to regulated US states, with both venture parties securing ‘meaningful early mover advantages.’ “With a proven track record as partners-of-choice, …
Read More »UKGC maps out crucial industry lessons over rule 4 judgements
The UK Gambling Commission (UKGC) has emphasised that if lessons aren’t learnt from the way Ladbrokes handled the Tango Sky rule 4 case, then it will be forced to intervene and exercise its regulatory powers. Issuing a corporate statement, the UKGC outlined that Ladbrokes had been misleading around the case of Black Dave, which occurred in January 2015. When placing …
Read More »Oddschecker: Interesting trends amidst Royal Ascot breakdown
Royal Ascot arrived last week amidst its usual fanfare, as people flocked in their droves to the Berkshire racecourse for what Oddschecker describes as “a fairly standard affair” on the face of it, with the trend of the previous two year continuing with seven winning favourites. From a margin perspective it is detailed bookies enjoyed a successful week, with Friday’s …
Read More »Ladbrokes – Bookmakers face £5m Russia 2018 goalfest torpedo
Entering the last round of FIFA World Cup group matches, UK bookmakers fear a ‘significant payout should Russia 2018’s goalfest continue’. The tournament has broken the record for the longest stretch of games at a World Cup without a goalless (0-0) draw. Thus far 32 Russia 2018 matches have been played featuring 85 goals (ratio – 2.6 goals per match). …
Read More »Ladbrokes launches ‘Bettors of Britain’ under new creative guidance of Cravens Newcastle
Ladbrokes (GVC Holdings) has launched its first multi-channel advertising campaign ‘Bettors of Britain’, under the guidance of new creative and brand development agency Cravens Newcastle. In time for the start of World Cup Russia 2018, Ladbrokes debuts ‘Bettors of Britain’ starring iconic British thespian Brian Blessed. “For the World Cup, national treasure and owner of Britain’s biggest voice, Brian Blessed can be seen …
Read More »Ladbrokes Dunoon wins Community Betting Shop award
Betting shop staff in Dunoon have won national recognition for their fundraising and volunteering work in the local community. The Ladbrokes shop in the town’s Moir Street beat entrants from across Scotland to win the ‘Community Betting Shop of the Year Award’ for 2018. And for shop manager Lucy Richmond, who has worked in the shop since she was 18 …
Read More »‘Our Man in Moscow’ – Ladbrokes recruits Lee Dixon as Russia 2018 Ambassador
Ladbrokes marketing has confirmed the appointment of former Arsenal and England defender Lee Dixon as ‘World Cup Russia 2018 Ambassador’. Dixon who will a Russia 2018 lead pundit for ITV Sports and NBC Soccer will be providing Ladbrokes with exclusive content and opinion on World Cup 2018 matches, proceedings and team updates. Undertaking his first duties as Ladbrokes World Cup …
Read More »GVC may face battle to pass pay deals at AGM
The Board at GVC may face a battle to pass two resolutions at its AGM next week regarding executive pay after shareholders were advised to vote against the proposals. GVC, which operates the betting brands Ladbrokes, Coral & bwin, intends to award CEO Kenny Alexander and chairman Larry Feldman huge share option packages, worth £45m and £22.5m respectively since 2016. While …
Read More »GVC Holdings rules out judicial review of FOBT decision despite £160m hit
GVC Plc, the owner of Ladbrokes Coral, has appealed for time to implement the new £2 stake for B2 Gaming Machines, given that it will cost the company £160m as soon as the cut is implemented, and said that it does not intend to seek a judicial review of the DCMS‘ decision. In an update to the stock market, the …
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