Tuesday, August 16, 2022

Tag: Ladbrokes

Online bookmaker performance grilled on race day

BBi - Grand National Bookmakers race day
In an increasingly competitive and low-margin market for online sports betting, loading times and bets-per-minute have come to define the industry’s winners and losers. The Grand National results were mixed on race day, yet even the fastest off the block may be wishing they’d slowed down their Scottish customers this year.   As forty horses took to the field in the...

ESSA announce new chair following board restructure

BBi - GVC ESSA Heike Mayer
International betting integrity body, ESSA, has elected a GVC’s Heike Mayer as its new Chairperson and expanded the membership of its board.   ESSA has confirmed it has appointed a new chair with GVC’s Heike Mayer succeeding outgoing ESSA Chair, Mike O’Kane, who has held the position since 2012. The board has also expanded to reflect its growing membership, with Betway’s Jon...

Election reprieve for Britiain’s bookmakers

BBi - Election bookmakers UK
A snap UK election has postponed the inevitable regulatory assault on FOBTs, affording bookmakers more time to adjust and recoup. The prospect will however continue to weigh heavy on the industry’s dealmakers.   A snap general election has given British bookmakers a timely reprieve, maybe weeks, probably months, before a regulatory crackdown on gaming machines will be announced. The triennial review of...

Betting on Football event to feature 140 leading speakers

BB - Betting on Football 140 leading speakers
140 industry leading speakers will be addressing the 800+ delegates attending next week’s Betting on Football 2017 at Stamford Bridge (3-5 May).   The fourth edition of the biggest international football and betting trade conference, Betting on Football, will feature 140 international speakers, including Fortuna Entertainment Group CEO, Per Widerstrom, GVC Holdings COO, Shay Segev and Ladbrokes Ambassador Chris Kamara. Organisers of the...

Catchpoint data reveals poor web service from bookies at Grand National

Betting Business - CatchPoint Grand NAtional
The major UK online bookies provided slow customer digital experience for this year’s Grand National according to analysis by digital intelligence firm, Catchpoint.   Data from the digital performance intelligence firm, Catchpoint, has revealed most of the major UK bookmakers provided slower and poorer than average web performance and digital experience for their customers, despite Grand National being the online betting...

Beehive’s marketing platform launches successfully with GVC’s Playtech brands

Betting Business Beehive
GVC successfully integrates the Beehive marketing platform across multiple brands.   The gaming marketing optimisation specialist Beehive has launched its platform with the leading e-gaming operator, GVC Holdings PLC. Following a multi-brand deal to supply its marketing tools to the operator, Beehive’s platform is now live across GVC’s Playtech brands. The GVC deal is the latest Tier 1 operator agreement for Beehive, following...

Digital Sports Tech gives props to Ladbrokes Australia

Betting Business Ladbrokes Australia
In the latest sportsbook partnership for Digital Sports Tech the company has confirmed it will be supplying its ‘Player Props’ proposition to Ladbrokes Australia.   Digital Sports Tech continues to partner with key industry operators as Ladbrokes Australia becomes the latest sportsbook to supply its new player proposition, Player Props. The new product allows customers to create and customise their own bets...

Coral also posting fourth quarter gold ahead of Ladbrokes merger

Betting Business Gala Coral Ladbrokes
In more good news for the seminal high street merger, Gala Coral has almost matched Ladbrokes’ impressive fourth quarter, lifted by online growth. The high street bookmaker posted a nine percent lift in revenues for the 12 weeks to 25 September – only three percent behind its newly betrothed, Ladbrokes, which grew by 12 percent – marking possibly the last...

Ladbrokes places Haruki Murakami as Nobel Literature Prize favourite

Betting Business Ladbrokes Nobel
Ladbrokes has named Japanese writer Haruki Murakami as its 4/1 market favourite to be crowned the ‘2016 Nobel Literature Laureate’.   With the Swedish Academy set to reveal its Nobel Prize literature winner next Thursday 13 October, the bookmaker places the popular Japanese ‘contemporary surrealist’ as its current market favourite. Speaking to The Guardian newspaper, Ladbrokes PR spokesperson Alex Donohue said: “Murakami...

Ladbrokes call in marketing and CRM specialists

Betting Business, Beehive, partnership
Ladbrokes has expanded its current partnership with Beehive, implementing the CRM specialists tools’ across its retail estates.   In a move to boost its cross-channel customer engagements, Ladbrokes has implemented industry marketing and CRM specialist Beehives tools’ across its retail estates. The FTSE-listed operator expands its current partnership with Beehive, who have delivered CRM solutions across Ladbrokes digital divisions in the past...

Global online gambling wagers to approach $1tn by 2021

Betting Business Juniper Research online gambling
The value of online gambling wagers will soar from just over $550bn (E490bn) this year to nearly $950bn (E850bn) by 2021, according to new data from UK-based Juniper Research. Juniper’s latest research found that gambling activities were increasingly migrating to the online environment, with the majority of net growth attributable to users of mobile channels. It also argued that new...

Ladbrokes Australia moves Cherry to chief exec

Betting Business Ladbrokes Australia Cherry
As Dean Shannon steps away for the helm, the division’s long serving COO Paul Cherry moves to replace his as chief executive   Ladbrokes Australia has announced that its chief operating officer Paul Cherry will replace company stalwart Dean Shannon (pictured) as the division’s chief executive. Shannon, who founded the Bookmaker website in Australia, which was then sold to Ladbrokes in 2013,...

Ladbrokes renew snooker sponsorship in two-year deal

Betting Business Ladbrokes Snooker Sponsorship
Ladbrokes has announced that it has renewed its title sponsorship of the World Grand Prix and Players Championship for a further two-years.   The British bookmaker has agreed to extend its title sponsorship of both major snooker championships for their respective 2017 and 2018 editions. The Ladbrokes World Grand Prix runs from  6 - 12  February at the Guild Hall in Preston,...

Boylesports bids €118m for Ladbrokes Coral merger shops

Betting Business, bookmaker merger
Boylesports has bid €118m to secure 360 shops from Ladbrokes and Coral. The merging bookmakers will make room for Boylesports’ first expansion outside of the Republic of Ireland and Northern Ireland.   Boylesports has mounted a €118m bid to secure the 360 shops that Ladbrokes and Coral must sell to complete their merger. While Betfred has also been rumoured as a...

Ladbrokes cites ‘friendly results’ as H1 profits soar

Betting Business, Ladbrokes, profits united challenge omni
In one of the first financial reports under CEO Jim Mullen’s leadership, Ladbrokes posted strong revenue growth across all metrics – but improving profits from a loss-making digital division remains a high priority.   Ladbrokes’ revenues swelled to £661.8m in the first six months of 2016, marking annual growth of 13.6 percent. In one of the first major financial reports since Jim...

Desmond loses appeal over Ladbrokes Gala Coral merger

Dermot Desmond
The appeal board of the UK Takeover Panel has ruled against Dermot Desmond’s request for a shareholder revote in a row over the Ladbrokes’ merger with Gala Coral.   Dermot Desmond, a prominent shareholder in Ladbrokes, has failed in his appeal against the company’s planned merger with Gala Coral. Desmond, who owns 2.72 percent of the bookmaker’s shares, had voiced his displeasure...

Ladbrokes Coral merger could hinge on 400 shop sales

Ladbrokes Coral Merger
After an initial investigation, the UK’s Competitions and Markets Authority has declared that the Ladbrokes Coral merger could result in a “substantial lessening of competition”. Around 400 shop sales will be needed to convince the CMA otherwise - but will it be enough to appease major rivals Paddy Power Betfair and William Hill?   The proposed £2.3bn (€2.9bn) merger between Ladbrokes...

Ante Post: What the bookies say – Ladbrokes and William Hill

Agenda Bookies European Chanpionships Euro2016
The start of the European Championships in France is the undoubted highlight for bookies and punters this month. Every other year a major summer football tournament gives the industry a huge opportunity to battle for supremacy in the race for customers. The month-long tournament sees hosts France as the narrow favourites ahead of the likes of Spain and Germany....

Ladbrokes takes ‘flesh wounds’ in festival struggle with online rivals

Ladbrokes,Cheltenham, Jim Mullen
The CEO of Ladbrokes has accused rival bookmakers of taking bets at levels that did not make business sense in this March’s Cheltenham Festival, the “worst in living memory” for the industry. “At Cheltenham we were reminded of the intense competition with offers and pricing at levels which, in our view, abandoned bookmaking principles, we competed hard but refused to...

STAY CONNECTED

171FansLike
584FollowersFollow

SECTOR NEWS