Tag: Ladbrokes

Aussie banks to offer payment blocking

NAB payment blocking
National Australia Bank (NAB) will begin offering its customers the ability to block themselves from making gambling payment

Ladbrokes lifts over-the-counter bets as machine sales slide

Ladbrokes over counter bets
GVC subsidiary, Ladbrokes, posts a seven percent lift in over-counter bets for the last quarter - a slither of silver lining amidst the ongoing..

Ladbrokes Coral Group to pay £5.9m for failings in anti-money laundering and social responsibility

ladbrokes coral
The Ladbrokes Coral Group has been ordered by the Gambling Commission to pay £5.9m for failings in anti-money laundering and social responsibility practices. An investigation by the Gambling Commission found that between November 2014 and October 2017 Ladbrokes and Coral failed to put in place effective safeguards to prevent consumers suffering gambling harm and against money laundering, with this failing...

GVC online portfolio helps offset high street performances

ladbrokes coral
GVC Holding's online verticals led the company to Q2 gains as the reduction in FOBT stake bit into its high street operations. GVC Holdings, the company behind Ladbrokes Coral, saw impact from the FOBT stake reduction lessened by positive performances across its online verticals. Revenues from Ladrbokes Coral retail venues were down 19 percent up to 30 June with machine take...

UK Bookmakers increase funding for problem gambling

problem gambling
The UK’s biggest bookmakers have agreed to increase funding for problem gambling treatment to £100m over the next four years. Owners have confirmed that they will increase their voluntary levy on gambling profits from 0.1 percent to 1 percent. The companies are Ladbrokes Coral, Paddy Power Betfair, Skybet, William Hill and Bet 365. “This is an unprecedented level of commitment and collaboration...

Playtech launches casino partnership with GVC across key markets

playtech gvc
Playtech, the world’s leading omni-channel gambling company, is pleased to announce the successful roll-out of its industry leading casino offering in multiple markets across GVC’s leading brands - including bwin, Sportingbet, partypoker, PartyCasino, Foxy Bingo, Foxy Casino and Crystalbet. The UK, Spain, Italy and Georgia have become the latest key markets in which GVC has launched Playtech’s award-winning content on...

Ladbrokes defends £1m payment to victims of problem gambler

problem gambler, LADBROKES
Ladbrokes has dismissed accusations of misconduct made by the Guardian newspaper in a report of the bookmaker repaying £975,000 stolen from five victims by a problem gambler, providing they did not “bring any complaint or make any report to any regulator.”

Senet Group welcomes responsible gambling agreement between Ladbrokes and the Scottish Professional Football League

Senet Group welcomes responsible gambling agreement between Ladbrokes and the Scottish Professional Football League
Senet Group, the UK body dedicated to addressing problem gambling through consumer information programmes, welcomes today’s agreement between Ladbrokes and the Scottish Professional Football League (SPFL) to promote responsible gambling.

GVC announces £30m Ladbrokes windfall as CEO eyes US expansion

GVC has announced £30m in cost synergies as a result of its March acquisition of Ladbrokes Coral Group. The Isle of Man-listed gambling operator had originally outlined an expected £130m in additional revenue, however a high performance in online…

Ladbrokes comes to blows with RWA over responsible wagering implementation

Ladbrokes has criticised Australia’s gaming industry body over “frustrating” delays in the implementation of a nationwide multi-operator self-exclusion scheme. The bookmaker challenged Responsible Wagering Australia, formed by operators…

Paddy Power investors back Banach Tech’s US focus

Dublin-based betting start-up Banach Tech has secured $2.56m in funding as part of plans to extend both its workforce and market reach by the end of 2018. The technology company, which currently employs 12 staff members, will increase its team to 30, as well as…

ARC acquires Ffos Las Racecourse

Ffos Las
Arena Racing Company (ARC) has announced the acquisition of Ffos Las Racecourse Limited. The Carmarthenshire course opened in 2009 and was, at the time, the first new racecourse in Britain in over 80 years. A flat oval, a mile and a half around...

Bookies could face £2m payout from AJ v Parker

parker ladbrokes
Joseph Parker could cost UK bookmakers £2m this weekend, Ladbrokes has said.   The bookies have revealed Parker is Anthony Joshua's most popular opponent with punters to date, with 66 percent of all bets so far being placed on the New Zealander. Having opened up a 6/1 shot to cause an upset this weekend, Parker's odds have been slashed to just...

Playtech and Ladbrokes in single-account omni-channel deal

ladbrokes coral
Playtech has delivered its omni-channel product throughout the entire UK Ladbrokes estate, in a bid to enable its players to use one account and one wallet across all online, mobile and retail products.   In line with its Playtech ONE omni-channel strategy, the newly unified sportsbook platform, that now includes Self-Service Betting Terminals (SSBT), is fully integrated with the Playtech IMS...

Hill’s consummate new chair to exploit ‘considerable opportunities’

roger devlin william hill chair
British betting group William Hill has found an illustrious new chairman in FA executive Roger Devlin. The well-connected former Ladbrokes director could help unlock the transformative deal that the bookmaker has thus far been denied.   Not famed for timely appointments, bookmaker William Hill has annointed a prestigious new chairman to steer the company as it heads into a complex period...

Ladbrokes agrees to savings-centric GVC takeover

  Ladbrokes’ board finally agreed to GVC’s £4bn takeover bid, in a deal expected to mitigate regulatory risks and save an estimated £100m by 2021.   GVC Holdings is soon to become one of the world’s biggest gambling companies after absorbing Britain’s largest and longest serving high-street bookmaker. The offer, which currently values Ladbrokes Coral at £4bn, would send GVC a quarter...

Ex-Ladbrokes director joins Playtech BGT Sports as COO

drabwell playtech
Playtech BGT Sports has named Lee Drabwell as its new chief operating officer for the UK and Ireland.   Drabwell spent 29 years at Ladbrokes, serving in a number of senior positions within its retail betting division. He left the newly formed Ladbrokes Coral in April after latterly working as their retail operations director. “Playtech BGT Sports has been a driver of...

GVC Ladbrokes Coral? Betting giants in acquisition talks after FOBT backlash

ladbrokes shop 2
  In an move that could turn Ladbrokes Coral into a company worth nearly £4bn, the UK betting giant is in “detailed” talks for a takeover by online competitor GVC.   Under the proposals, GVC - which owns the Bwin and Sportingbet brands - would hold 53.5 percent of the combined group. The move could lead the biggest shake up of the UK...

Ladbrokes launches omni-wallet

Ladbrokes has launched an omni-wallet across its retail estate of over 3,500 betting shops.   Facilitated by the company’s loyalty card program, the omni-wallet will enable customers to access their Ladbrokes.com single wallet across all of Ladbrokes’ retail products, including over the counter, gaming machines and self-service betting terminals. Ladbrokes customers can them choose to have their winnings added to their...

Mayweather saves bookmakers a “bloody nose”

BBi - Mayweather
Floyd ‘Money’ Mayweather saved bookmakers from the biggest payout in betting history, by cooly defeating the heavily-backed underdog, Conor McGregor.   At least £250m was bet on the fight through UK-listed bookmakers alone - according to affiliate website Bet-Bonuscode - making it the most bet on event outside of the Grand National. In Nevada too, the legal sportsbook handle came second only...

Ladbrokes Coral looks to the future as it establishes LC2 as new technology centre

lc2 here east
  Ladbrokes Coral is to open a new London-based technology hub in a bid to stimulate product innovation for its brands.   Bringing together 140 staff members from both the Ladbrokes and Coral brands, the betting giant will establish LC2, comprising software engineers, analysts, architects and sports product specialists. The new arm of the business will move to Here East, the former media...

Over 120 operators set for Betting on Sports 2017

betting on sports
  More than 120 operators, 75 top level affiliates and 80 suppliers will be joined by some of the biggest sports organisations in Europe at this year’s Betting on Sports conference, taking place 12-15 September, the organisers have said.   Among the 120 operators at conference will be the recently merged Paddy Power Betfair, a premium sponsor of the event, and Ladbrokes...

Ladbrokes strike partnership with Leicester City

Ladbrokes strike partnership with Leicester City
Ladbrokes will become Leicester City's new Official UK and Ireland Betting Partner for the 2017/18 season, in a deal that will focus on engaging with the Club's supporters. With more than 130 years of betting history, Ladbrokes will utilise their expertise to help ignite Leicester City supporters' passion for the sport through the strategic new partnership. As well as providing special...

Ladbrokes continues Challenge Cup partnership

Betting Business, Ladbrokes, profits united challenge omni
The Rugby Football League and Ladbrokes have agreed to extend their current partnership meaning the bookmaker will be title sponsor for the Ladbrokes Challenge Cup.   Ladbrokes confirmed the one-year extension to the current deal on the week of the 2017 Ladbrokes Challenge Cup final, which will see Hull FC take on Wigan Warriors in the oldest Rugby League Cup competition...

Sheffield United teams up with Ladbrokes

Betting Business, Ladbrokes, profits united challenge omni
Sheffield United Football Club has announced its new Official Stadium Betting Partner will be the leading UK bookmaker Ladbrokes. The three season deal will see Ladbrokes providing betting services at Bramall Lane on every match-day. The partnership will also give Ladbrokes a prominent presence on Sheffield United FC’s official club social media channels to support betting activity prior to all games,...

FA ends Ladbrokes sponsorship deal early

BBI - FA ladbrokes sponsorship
Following last month’s board decision to cut ties with betting companies, the Football Association has pulled out of a four-year sponsorship deal with Ladbrokes, after just one year.   Headed by FA chairman Greg Clarke, the decision was reached after a three-month review of the governing body’s links to the betting industry. In a statement, FA chief executive Martin Glenn said: “We...

Gibraltar’s tax challenge comes to a close

Betting Business - Gibraltar Brexit Girls Gibraltar's
Gibraltar's attempt to escape a UK tax on offshore betting fell at the final hurdle on Tuesday 13 March, as the EU’s top court ruled ‘the Rock’ could not be considered a separate entity for tax purposes.   The European Court of Justice was called to make a final decision, after Gibraltar's Betting and Gaming Association (GBGA) argued at the UK’s...

Ladbrokes and Playtech unveil new Live Casino

ladbrokes shop 2
The re-launch of Ladbrokes Live Casino, created by Ladbrokes and Playtech, will feature an industry first video system with customised messaging.   Ladbrokes has announced it has relaunched its Live Casino with the company claiming they worked closely with Playtech to deliver a new studio design and improved app functionality. Ladbrokes and Playtech worked closely to re-engineer and significantly enhance the new...

SIS names Dominic Matthews as new COO

BBi - SIS Dominic Matthews
Dominic Matthews, formerly Retail Operations Director at Ladbrokes, has been appointed to the newly-created role of Chief Operations Officer at SIS.   SIS (Sports Information Services) has strengthened its senior management team with the appointment of Dominic Matthews in the newly-created role of Chief Operations Officer. Matthews joins from Ladbrokes, where he held a number of senior positions during a 26-year period...

Senior move at SIS as Richard Ames appointed CEO

BBi - Gordon Moody Adele Duncan Richard Ames Coliseumbet.com BtoBet HBG
Richard Ames succeeds Gary Smith as CEO at SIS   SIS (Sports Information Services) has announced that CEO Gary Smith is leaving the business to pursue other opportunities after almost five years in charge. Chairman Roger Devlin commented: “The Board would like to thank Gary for his dedicated service and contribution to SIS. During his tenure SIS managed to secure both the...