Tag Archives: Ladbrokes

ASA reprimands Ladbrokes over Christ the Redeemer advert

The UK Advertising Standard Authority (ASA) has reprimanded Ladbrokes for causing offence by displaying an advert for betting exchange subsidiary Betdaq in which Rio de Janeiro’s Christ the Redeemer statue is wearing a Betdaq purple and white football shirt. The advert which ran during this summer’s FIFA World Cup in Brazil, was displayed on the Betdaq.com website, and featured the …

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5 conclusions from Ladbrokes’ performance woes

bettingexpert.com Racing editor Stephen Harris digests the latest Ladbrokes woes and identifies five implications for the industry. The headlines in the press said it all last week as the beleaguered bookmaker suffered yet another dire set of results, particularly when compared with William Hill, Paddy Power and Bet365. But what do these shocking figures mean for the industry as a …

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Betdigital gets UK licence

Content and systems developer Betdigital has been awarded its Remote Gambling Software Operating Licence by the UK Gambling Commission. Betdigital joins a select few suppliers that have the necessary licensing to meet the terms of the new Gambling (Licensing and Advertising) Act ahead of October’s introduction. The Act demands operators who provide remote gambling services to British consumers to acquire …

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Richard Glynn Ladbrokes “a far stronger company and well positioned for growth”

Weekend news reports stated that Ladbrokes Chief Executive Richard Glynn’s fate would be decided by this Tuesday interim performance report.  The Sunday Times had reported that a group of major shareholders were greatly concerned with the company’s performance under Glynn’s leadership. On Tuesday Ladbrokes published a profit after tax drop of 49.8% to £23.7m for the period, with huge drops …

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Digital transition sees Ladbrokes’ profits cut in half

Ladbrokes has seen its profits halve in the first six months of the year as the bookmaker suffered a transitional period for its digital business. Profit after tax dropped by 49.8% to £23.7m for the period, with huge drops in operating profit for UK Retail (down 21.3% to £57.6m), European Retail (down 32.0% to £6.6m) and digital (down a whopping …

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Shareholder pressure mounts on Richard Glynn

. The Sunday Times reports that shareholder pressure is mounting on Ladbrokes Chief Executive Richard Glynn The Newspaper claims that a group of top-level shareholders of Ladbrokes are currently waiting on the publishing of the operators interim financial report . The Shareholders will than ask the board to remove Glynn from company operations. According to the Ladbrokes consensus forecast, revenues …

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Celtic reprieve causes problems for bookmakers

Celtic Football Club’s unexpected reprieve from Champions League elimination is causing some bookmakers a headache as curious punters get in touch to see if their previously losing bets are now, in fact, winners. Celtic lost on Wednesday night 2-0 to Legia Warsaw in the CL qualifier, with an embarrassing 6-1 loss on aggregate. However the Polish side brought on a …

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ASA unimpressed at Ladbrokes Exchange loyalty scheme

The Advertising Standards Authority has warned Ladbrokes after an online sales promotion breached several articles of its CAP Code. The independent regulator and watchdog said the ad, which stated “UP TO £500! IN FREE BETS ON LADBROKES EXCHANGE”, did not make the extent of the commitment and limitation clear. In order to receive the maximum of £500 free bets, the …

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Tom Galanis – GameOn – Customer Acquisition 2015

Team SBC catches up with igaming industry player acquisition and marketing veteran Tom Galanis, Director of igaming marketing specialists GameOn Marketing, to discuss future impacts and potential blocks with regards to igaming’s marketing value chain. Tom gives insight into how operators will be forced to rethink operations and marketing strategy as new regulations and constraints come into play. Tom Galanis …

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Ladbrokes hails Brazil 2014 betting business

  The World Cup in Brazil left bookies feeling bright despite three of the fancied teams making the semi-finals and a lack of shock results as the knock-out stages progressed. Pre-tournament, Mobile betting was expected to be the key battle-ground for operators and the reality was no different.  Ladbrokes’ David Williams believes the main disappointment was England’s failure to capture …

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