Tag Archives: Ladbrokes

Industry awaits ‘game changing’ DCMS industry FOBTs report

SBC News Industry awaits 'game changing' DCMS industry FOBTs report

UK industry stakeholders are bracing themselves for this April’s industry review of fixed-odds-betting-terminals (FOBTs) and advertising standards by the UK Department for Culture, Media and Sport (DCMS). The DCMS industry publication could become an industry ‘game changer’ should the government move to reduce maximum stakes on FOBTs from £100 to a £2 limit, triggering the industry’s worst scenario. Focusing on improving …

Read More »

Vice explores the rise of political betting

SBC News Vice explores the rise of political betting

This April, youth news and entertainment publisher Vice.com has highlighted the growth of political betting markets in a video segment titled ‘Why British People are Betting on Trump’s Impeachment’. Produced by journalist Jake Warren, Vice’s reports on the ‘rise of political betting’ in the wake of an unprecedented 2016 which saw Britain vote to leave the European Union and former …

Read More »

Jim Mullen – Size Matters for Ladbrokes Coral future success & value

SBC News Jim Mullen - Size Matters for Ladbrokes Coral future success & value

Presenting a forward-looking statement to investors, Ladbrokes Coral CEO Jim Mullen states that his firm’s executive team must now match its enlarged revenue generating capabilities with market-leading operational efficiencies, in order for the FTSE enterprise to reach its optimal value. Speaking 150 days since officially completing the merger of Ladbrokes Coral, Mullen detailed that 120 senior executives had been presented …

Read More »

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 …

Read More »

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 …

Read More »

SBC Bookies Corner – Strange World…Trump The Reality!

SBC News 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 …

Read More »

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

SBC News 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 …

Read More »

Ladbrokes Coral appoints The7stars as lead media agency

SBC News 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, …

Read More »

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

SBC News 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 …

Read More »