Tag Archives: Ladbrokes

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 …

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 …

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 …

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, …

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 …

Entering its first performance quarter under the leadership of new CEO Jim Mullen, Ladbrokes reported that its group performance for the period (ending 31 March) had been impacted by “customer friendly results and externally imposed headwinds” – UK POC tax and increased betting machine duty.   As a result of these factors the operator posted an EBIT decrease of 22.3% …

The future of Ladbrokes‘ Irish retail business has been thrown into doubt after the firm was granted court protection to restructure its business following losses of 5m euro (£3.6m) last year. The bookmaker announced to the stock market that the “Directors of Irish trading subsidiaries, Ladbroke (Ireland) Limited, Ladbroke Leisure (Ireland) Limited and Dara Properties Limited (“Ladbrokes Ireland”) have successfully …

Ladbrokes has confirmed the appointment of Andrew Bagguley as Managing Director of Digital. Bagguley takes over the director role which was vacated by New Ladbrokes Chief Executive Jim Mullen as the operator looks to continue its positive digital recovery. The appointment which was first announced by industry news source EGR Magazine, sees Bagguley promoted from his current position as Ladbrokes …

Ladbrokes has asked three UK student to find the 2015 Grand National winner by creating their own mathematical equation. Taking all different things into consideration whatever they deemed important, the students each created a formula stating what you should use and who you should be betting on this year. They took different factors into account including physical, environmental, psychological, and …

UK bookmakers are in fear of a Grand National wipe-out if legendary jockey Tony (AP) McCoy wins his last Aintree Steeplechase ride this Saturday. William Hill and Ladbrokes have estimated that £150 million will be wagered on McCoy who rides race favourite Shutthefrontdoor who is currently priced at 7/1. The popular jockey has been receiving early wagers from racing fans …