Tag Archives: Ladbrokes

Strong quarter for Ladbrokes

One of the UK’s oldest and largest retail bookmakers has warned of potential shop closures and job losses in 2015, because of regulatory uncertainty and a 5% hike in Machine Games Duty (MGD). Speaking as Ladbrokes released its Q1 Interim Management Statement, Chief Executive Richard Glynn, said: “The unexpected recent tax increases and ongoing uncertainty surrounding regulation are unwelcome. We …

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Ladbrokes launches BBH ‘Ladbrokes Life’ UK TV campaign

Ladbrokes has launched its first TV campaign under new creative marketing agency Bartle Bogle Hegarty (BBH). The campaign, named ‘Ladbrokes Life’, has been launched in time for the upcoming FIFA World Cup in Brazil looks to promote the operator’s brand and mobile inventory. Ladbrokes has officially terminated its previous UK TV advertising campaign – Ladbrokes Game On which featured popular …

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Paddy Power out in front of social engagement

Facebook

Marketing and communication via Facebook and Twitter are becoming more and more important for online gambling operators. The researchers at MECN therefore compiled an overview of the activities and successes of the key online gambling operators on the key social networks. In nearly all social communities analysed, Paddy Power and PokerStars currently (Q1 2014 analyses) rank at the top. Paddy …

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Turf TV funnels £45m of bookmaker money to racing

Live racing and data provider Turf TV recorded a year of strong growth in 2013, having secured record numbers of subscribers and returned £45m to the racing industry. Turf TV owner Amalgamated Racing Limited (AMRAC) owns live broadcast rights for 34 of Britain’s racecourses, including festivals at Ascot, Cheltenham and Epsom. It also provides TV pictures and data to betting …

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Ladbrokes on course for full Playtech migration

Richard Glynn Chief Executive of Ladbrokes briefed staff that the operator was on  course to deliver its full migration to Israeli igaming software developer’s product portfolio and player management solution. Ladbrokes will integrate Playtech’s systems before the upcoming 2014 FIFA World Cup. The operator aims to drop its current software and player management solutions, in favour of Playtech’s Information Management …

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Sutton Guardian implements SafeBet campaign with Ladbrokes

The murder of betting shop manager Andrew Iacovou, 55, at the Ladbrokes branch in Aberconway Road, Morden, on 25 May, saw local newspaper the Sutton Guardian launch its SafeBet campaign. The campaign aims to improve safety measures for betting shop staff members and has been backed by Carshalton and Wellington MP Tom Brake. Andrew Iacovou, was working alone as betting shop manager, when …

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David McMorrow: The changing face of the betting shop

BettorRetail frontman David McMorrow, former marketing guru at William Hill and Ladbrokes, discusses with SBC’s David Kelly how loyalty cards and gaming machines have energised retailers, although difficulties remain. How has Odds On!-Ladbrokes’ loyalty reward programme, changed the retail betting industry? Odds On! was the first betting loyalty card on the high street and was launched back in 2008. While …

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Ladbrokes urges UK Government to rethink FOBT’s tax

UK gambling operator Ladbrokes Plc urged the UK Government to rethink its plans to increase tax levied on profits generated from fixed odds betting terminals (FOBT’s). The operator claimed that unfair tax levying on the UK bookmakers could cost the industry around £75 million a year. The tax rate issued on FOBT’s is set to rise from 20% to 25% …

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Tax increase hits bookmaker shares

Shares in Ladbrokes fell by almost 12 percent to 139.8p yesterday, while market leader William Hill was down 7 percent at 350.1p, as the market responded to Chancellor George Osborne’s latest tax raid on the betting industry. The Treasury increased the rate of Machine Games Duty (MGD) on games with a stake higher than £5 from 20% to 25%, with …

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Gambling tax more complicated than ever

Barney Horn, indirect tax partner in the Deloitte betting and gaming group, has said that the Treasury has made gambling taxation more complicated than ever despite a trend for simplification. He explained: “Overall, while there has been much talk of simplifying taxes, the position has become increasingly complex with rates for seemingly similar gambling experiences being taxed at different rates. …

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