Tag Archives: Ladbrokes

Irish landlords seek higher rent compensation from Ladbrokes

Ladbrokes Irish retail business restructure has come under fire, following complaints of ‘derisory’ compensation for landlords of closed retail premises. A group of Irish landlords is set to join forces and challenge Ladbrokes retail closure terms, claiming that the operator should pay a higher fee for terminating its lease agreements. Following last month’s review of its loss making Irish retail …

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Ladbrokes rolls out full ‘cash-out’ functionality launch

Ladbrokes has announced the full roll-out of its ‘cash-out’ function following its successful trial period in April. The bookmaker had tested the product on its accumulator ‘My-Accas’ products during the month of April, allowing for customer to cash-out early priced winning on their accumulator bets. The operator revealed that more than 25,000 of its customers had used the cash-out function …

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Warren Lush – Who had a good General Election?

A week after the country discovered that its next government was a Conservative majority one, independent consultant Warren Lush takes a look at how the election campaign played out for bookmakers. The dust has now settled on the UK 2015 General Election…well I suppose you could say that! How did the bookmakers fair and which companies can claim the campaign …

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Ladbrokes gains title sponsor of the Scottish Professional Football League

The Scottish Professional Football League (SPFL) has confirmed that Ladbrokes will become its title sponsor for the next two seasons. The deal announced this morning is believed to be worth £4 million and will see Ladbrokes gain marketing coverage throughout Scottish football’s four professional leagues. SPFL football divisions had been without a sponsor since 2013, when the league was restructured. …

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William Hill & Ladbrokes face Australia live betting probe

The Australian Communication Agency (ACMA) is set to investigate William Hill and Ladbrokes Australian online betting operations after the operators introduced new betting mechanisms which sidestepped restrictions on in-play (live) betting. Last month William Hill and Ladbrokes Australia released the new ‘Click to Call’ features, which allowed customers to connect to live betting markets by activating their computer microphones with …

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Shareholders criticise Ladbrokes over Richard Glynn pay-off

Shareholders at under-performing Ladbrokes have criticised the company’s corporate governance with regards to former CEO Richard Glynn executive remuneration and final compensation pay-off. Investor concerns regarding the former CEO’s compensation were put forward to Ladbrokes governance at the company’s annual general meeting held last Thursday. An estimated 40% of shareholders failed to back the remuneration policy for Glynn. The Guardian …

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Bookmakers fail to call UK General Election result

The betting market’s reputation as the best political outcome poll/indicator has taken a bit of a beating,  with the Conservative Party winning a slight majority after yesterday’s General Election. Throughout the build up to the 7 May General Election, political betting markets had favoured a Hung Parliament which would be led by a Labour Minority. Bookmakers William Hill, Coral and …

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Peter Erskine steps down as Ladbrokes Chairman

Peter Erskine, Ladbrokes PLC  Chairman has announced his intention to step down from the post during 2015. A search for his successor is now underway and being led by Senior Non Executive Director, John Kelly. Peter Erskine was appointed Chairman in 2009, Ladbrokes governance has confirmed that Erskine would work with the Board on a suitable transition to the new …

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David Clifton: General Election increasing political pressure on FOBTs

Licensing expert David Clifton, of consultants Clifton Davies, has analysed what the political parties have to say about the betting shop’s main breadwinner and doesn’t like what he sees. Fixed Odds Betting Terminals have rarely been out of the news since they were first introduced into Britain’s betting shops. That is now thirteen years ago. Just a year after that, …

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Playtech posts Q1 2015 revenue uplift with new clients & services

FTSE 250 listed igaming technology supplier Playtech posted its 2015 opening quarter performance, reporting top line metric growth on all key verticals as the operator extended its technology provisions and signed new customers in the period. In what has so far been a tough first quarter for online gambling operators who have faced increasing tax costs and unfavourable sports result …

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