Tag Archives: Ladbrokes

The Irish High Court has granted Ladbrokes permission to close its leases on five premises in advance of its examinership rescue plan, which was submitted by the operator at the end of June The repudiation of leases will see betting shops in Kilmacud Road, Ballygall Road and Finglas Town Centre (Dublin) John Street (Waterford) and Middleton (Cork) closed. The Irish …

A report in the Daily Telegraph suggests one of new Ladbrokes CEO Jim Mullen‘s plans to revitalise business in the bookmaker’s betting shops is to have them operate as wi-fi hubs, allowing customers to bet with the firm via their own devices. By boosting the wi-fi capabilities in its 2,100 retail estate, the bookmaker is hoping to increase its recreational …

Ladbrokes has announced that it is to defer its planned business review presentation as talks over a possible merger with Gala Coral’s betting business continue. The presentation, due to be held tomorrow, was one of the early announcements by Jim Mullen when he became CEO as he planned to communicate his vision for the business, but events has since superseded …

Only three months after taking over the executive leadership of embattled Ladbrokes, new CEO Jim Mullen has become the talk of UK corporate business following the shock news of a potential merger with Gala Coral. This week Ladbrokes share price jumped 14% in the wake of the announcement, Mullen and Ladbrokes governance have stated that the merger talks are real …

Ladbrokes have confirmed a two year shirt sponsorship with League One football club Notts County FC. The sponsorship deal will be the biggest in Notts County 153 year history, Ladbrokes further confirmed that it would open a betting point at the clubs’ Meadow Lane Stadium as part of its agreement. The Ladbrokes brand will be promoted throughout the clubs stadium …

Continuing its operational and executive restructure under new CEO Jim Mullen, Ladbrokes plc has announced that following a review of the costs and efficiency of its international team it intends to restructure its International operations. Following the restructure Damian Cope, MD – International will leave the business and nine roles in the centrally based International team will be placed at …

The potential merger UK legacy gambling operators Ladbrokes and Gala Coral has sent the industry into speculative overdrive as commentators and industry analyst try to gauge the effect of the heavyweight merger on the industry’s landscape. Both Ladbrokes and Coral’s governance have admitted that the merger talks are real and in action, Ladbrokes issued a statement to the FTSE market, …

Sports betting start up Colossus Bets has expanded its mega jackpots pools services into the Australian market by partnering with Ladbrokes Australia Colossus Bets announced the launch of its multi-million AUS  ‘Mega Margin’ pools for mobile, taking wagers on Australian Rugby League (AFL) and National Rugby League (NRL) games. Colossus Bets will further introduce its Partial Cash Out mechanism allowing players …

Ladbrokes has revealed it is in shock merger talks with fellow bookmaker Coral as CEO Jim Mullen aims to make immediate progress in catch up with rival William Hill. Ladbrokes has issued a statement to the stock market, responding to press speculation about a merger, in which it admits to having talks. It said: “In response to recent press speculation, …

Following its review of Ladbrokes Ireland’s examinership, Irish independent bookmaker Boylesports confirmed that it would prepare a €25 million bid to take over the troubled retail betting division. A Boylesports spokesman confirmed the pending bid to newspaper the Irish Independent, despite the operator losing its legal challenge to gain sensitive insight regarding Ladbrokes Ireland’s performance. It is believed that Boylesports …