Tag Archives: Ladbrokes

Ladbrokes shareholders’ vote against executive pay scheme

Ladbrokes leadership has been dealt a blow by shareholders regarding executive pay at its Annual General Meeting held on Thursday, where 42% of votes were cast against the operator’s remuneration report. The report detailed that Ladbrokes CEO Jim Mullen had been paid £567,000 for his first nine month’s leading the operator. Mullen’s predecessor Richard Glynn earned £730,000 in 2014, combined …

Read More »

Leicester City triumph to trigger ‘recalibration’ on long shot pricing

The news media is awash at how much Leicester City’s incredible Premier League title triumph is going to cost the betting industry, but we may not see the true impact of the unlikely win until next season. While the estimates are that The Foxes’ 5,000-1 victory has cost the betting industry between £25m – £50m, the truth is that the …

Read More »

Sporting Index bolsters ESSA membership numbers

Sporting Index has joined ESSA, the regulated betting industry’s integrity body. By joining with Sporting Index, ESSA has added sports spread betting to its existing coverage of traditional fixed odds and pool betting markets. ESSA now has 19 members, and represents many of the major regulated international sports betting operators: the ABB, Betclic, Bet-at-Home, Betsson, Bet365, BetVictor, Betway, bwinparty, Digibet, …

Read More »

Richard Moross steps down as Ladbrokes non-executive Director

Richard Moross has advised the Ladbrokes’ Board that he will be stepping down as a non-executive director at this year’s AGM on May 5th 2016, and will cease to be a director from that date forwards. Mr Moross joined the board in May 2012, but will not seek re-election at the Annual Meeting to be held next week. He has decided …

Read More »

Ladbrokes’ Mullen slams rivals for “race-to-the bottom offers” at Cheltenham 2016.

Updating investors and media on Ladbrokes Q1 2016 performance, CEO Jim Mullen fired shots at rivals for offering costly customer incentives at Cheltenham 2016. This year’s festival was deemed ‘the worst Cheltenham in living memory” as UK and Irish bookmakers lost millions to punters who made easy cash-ins on multiple winning favourites. Industry analysts have calculated the cost of Cheltenham …

Read More »

Ladbrokes launches Best Odds Guaranteed PLUS

Ladbrokes have launched a new website feature, Best Odds Guaranteed PLUS, for all UK and Irish horse racing meetings. With Best Odds Guaranteed PLUS, if you take a price and the SP is bigger, Ladbrokes will boost your price beyond the SP. For instance, if you take a bet at 7/2, but the SP returns 4/1, you’ll get paid at 9/2. This …

Read More »

Ladbrokes sees Multi-Channel gains with strong 2016 opening

Issuing a Q1 2016 trading update (period ending 31 March), Ladbrokes Plc governance praised its ongoing strategic plan which it stated was garnering positive results and encouraging customer metrics. Ladbrokes detailed positive KPI metrics for both its retail and digital betting assets, despite suffering the “worst Cheltenham Festival in living memory”. The FTSE-listed operator under CEO Jim Mullen has implemented …

Read More »

Bookies’ Corner – The Donald Trump Phenomenon

Perhaps the unlikeliest of political rises in history has been that of Donald Trump. Whether he wins or not he’s turned the US political landscape on its head. This is a man who nobody seriously believed could get this far except perhaps The Donald himself. William Hill had him at 150/1 to become the next US President when it first …

Read More »

Who will be the 2016 SIS/Racing Post Betting Shop Manager of the Year?

The quest to find the 2016 Betting Shop Manager of the Year has begun, with entry for the coveted prize now open to British and Irish shop managers.  The 30th edition of the competition will once again see 48 managers across the Britain and Ireland undergo a mystery shop visit, before 24 regional finalists are selected to progress to an …

Read More »

Ladbrokes launches new football campaign with The Moment

Ladbrokes have unveiled a series of new commercials to mark the climax of the football season and UEFA Euro 2016. The campaign, which breaks this weekend (16th April), features Ladbrokes ambassador Chris Kamara alongside Scottish football legend Ally McCoist in a parody of the world of football punditry. Scripted by comedy writing duo Ivor Baddiel and Phil Kerr, the commercial …

Read More »