Tag Archives: Ladbrokes

New horseracing funding scheme will need to be fair to bookmakers as well

The Association of British Bookmakers (ABB) has welcomed the Government’s decision to introduce a new funding system for horseracing, but warned that any new development should not be taken in isolation from other issues. This morning, during a debate in the House of Commons, Culture Secretary John Whittingdale announced that the Government plans to introduce a new system which will …

Read More »

Ladbrokes Australia adds Odds Boost Betting Function

Ladbrokes Australia has announced the release of its latest innovation; the Odds Boost betting function. Odds Boost allows Ladbrokes customers to select any runner in any event across thoroughbred, greyhound and harness racing and increase the potential windfall by clicking the button located on the betting slip section. The function is available to customers across platforms and will reset at midnight each day ensuring …

Read More »

Jessica Bridge – Ladbrokes – More than ribbons on a trophy

On Monday Ladbrokes announced a deal which gives them exclusive naming rights to two of the biggest events in Snooker next month. We caught up with PR Manager Jessica Bridge to discuss the deal and its importance to Ladbrokes as part of a growing portfolio of sporting sponsorships. SBC: Hi Jessica. Ladbrokes recently signed a deal with World Snooker to …

Read More »

Will Tabcorp and News UK launch Sun Bets within six months?

It has been reported that Australian betting company Tabcorp is scheduled to launch Sun Bets, in partnership with Rupert Murdoch’s News UK, within the next six months. Chief Executive at Tabcorp, David Attenborough, had this to say: “It is a natural step for us. We have worked with News Ltd. closely in Australia and built up a high degree of trust. They have one …

Read More »

Ladbrokes signs deal to sponsor World Grand Prix and Players Championship

Ladbrokes has signed a deal with Barry Hearn’s World Snooker to sponsor both the World Grand Prix and Players Championship tournaments for this year. The deal gives the bookmaker exclusive naming rights to the tournaments due to take place in Llandudno between the 8th and 13th of March (Ladbrokes World Grand Prix) and Manchester between the 22nd and 27th of …

Read More »

Heavy Load! Ladbrokes posts £37 million in losses for 2015

Increased costs combined with the extra burden of betting taxes have seen Ladbrokes Plc post full-year 2015 (period ending 31 December 2015) group losses of £43 million, detailing a corporate decline from 2014’s profits of £37.7 million. Outlining 2015 impacts, Ladbrokes governance detailed that the company had paid circa £50 million in taxes due to increased duties on machine gaming …

Read More »

Ryanair replaces Ladbrokes as Cheltenham Festival World Hurdle sponsor

After a decade of sponsorship it has been announced that Ladbrokes will be replaced as the sponsors of the World Hurdle at next month’s Cheltenham Festival. Ryanair has been announced as the replacement sponsor, the airline is already a backer of the Grade One race on day three of the Festival. The Authorised Betting Partner scheme was introduced by racing in November …

Read More »

Ladbrokes Northern Ireland hit by £36 million loss

The Northern Ireland retail betting division of Ladbrokes Plc has posted losses of circa £36 million , just one year after it enjoyed strong profit.  Northwest Bookmakers, which is a subsidiary of Ladbrokes plc, saw its profits slump in the year to December 2014. The company, which trades as Ladbrokes, is the Northern Ireland’s largest bookmaker and holds around a quarter of all shop licences …

Read More »

UK CMA says NO to ‘Playtech influence’ investigation in Ladbrokes-Coral merger

Publishing an official statement regarding the merger of Ladbrokes-Coral, the UK Competition & Markets Authority (UK CMA) has declared that it will not investigate the position of industry technology provider Playtech Plc and any influence it may have on the deal. The UK CMA who are undertaking a Phase 2 review of Ladbrokes-Coral, were addressing concerns raised by a third …

Read More »

Ladbrokes set to lose historic sponsorship of Cheltenham Festival ‘World Hurdle Race’

Cheltenham Festival organiser, Jockey Club Racecourses (JCR) appears to be at loggerheads with Ladbrokes regarding the operator’s sponsorship of Grade 1 event ‘The World Hurdle Race (15.30 – St Patricks Thursday 17 March). Ladbrokes continued stand-off against UK racing’s proposed Authorised Betting Partner (ABP) scheme, has seen the bookmaker unable to renew its eleven year sponsorship of the race. JCR …

Read More »