Ladbrokes has opted to extend its sponsorship of the Scottish Professional Football League (SPFL) to 2020, giving the Scottish football divisions a welcome cash boost. The deal is believed to be worth £5 million, with the betting brand also agreeing to up its investment in the leagues. The original deal, signed in 2015, was the most lucrative in Scottish football …
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ASA upholds decision on Coral TV advertisement
Following an independent review, The UK Advertising Standards Authority (ASA) has upheld its decision that Coral must cease using its advert that features stylistic clips of footballers performing against the background of a dramatic soundtrack. In response to the two complaints that were received, Coral expressed that it did not believe the ad was harmful or irresponsible in any way. Adding, …
Read More »Ladbrokes Coral aims to close gender pay gap
The governance of FTSE-listed bookmaker Ladbrokes Coral Plc has stated that it will work to close its gender pay gap, following the publication of corporate statistics by the UK government. Under the requirements of ‘The 2010 Equality Act’, UK companies with more than 250 staff have to disclose yearly gender pay employee data. Ladbrokes Coral, the UK’s biggest retail betting …
Read More »Coral Connect gets personal with new Football Bet Filter service
FTSE betting group Ladbrokes Coral has announced the launch of its ‘Football Bet Filter’, which has been released as a companion betting utility for its popular Coral Connect App. The new betting filter function has been created by Ladbrokes Coral development teams, and will allow football punters to build their own tailored accumulators based on personal filters and market preferences. Football …
Read More »Monster Call… GVC leads £3.9 billion Ladbrokes Coral merger talks
FTSE online gambling group GVC Holdings has this morning informed that it has entered ‘detailed discussions’ to form the ‘UK’s largest online and retail betting operator’, as the company continues merger negotiations with Ladbrokes Coral Plc. Updating the market, a GVC-Ladbrokes-Coral combination is valued at £3.9 billion, with GVC presenting a combined cash and shares offer – value range from …
Read More »Ron Hearn crowned Betting Shop Manager of the Year
Ron Hearn of JenningsBet has been crowned the 2017 Racing Post/SIS Betting Shop Manager of the Year. The 57-year-old, who has a betting shop career spanning 40 years, the last six of which have been spent with JenningsBet, beat seven other finalists from Ladbrokes, Coral, Megabet, Paddy Power Betfair and William Hill. Hearn, who told the Racing Post: “It is …
Read More »Are we reaching the endgame for the Ladbrokes Life?
Is the storied Ladbrokes brand approaching the end of its usefulness, being eaten from within by the now stronger Coral? Scott Longley speculates…. ________________ Ladbrokes Coral was understandably keen to accentuate the positives from this week’s third-quarter trading statement saying it represented “another positive period” for the group as a whole and adding that the digital performance was “strong.” This …
Read More »Ladbrokes Coral digital recovery offsets UK retail declines
Publishing its Q3 trading update (period ending 29 October), FTSE-listed sports betting group Ladbrokes Coral Plc continues to record a strong digital momentum, offsetting the year decline of its UK retail betting division. Closing in on its first full-year of post-merger operations, Ladbrokes Coral reports improved Q3 group net revenues of 3%, primarily driven by a 12% net revenue uplift …
Read More »Carl Leaver steps down from Ladbrokes Coral board
Following completion of his one year fixed term of appointment, Carl Leaver has stepped down as a Director of Ladbrokes Coral Group plc. In accordance with the Companies Act of 2006, Mr Leaver will receive his current salary, pension and benefits up until 31 October 2017 but will not receive any further fixed pay, notice pay or severance after this …
Read More »Ladbrokes backing Catalonian independence should the polls open Sunday
In defiance of the increasingly stern orders from the Spanish government, the campaign for a Catalonian independence referendum continues to gather momentum. Located in the northeast of Spain with a population of 7.5 million and accounting for roughly 20% 0f Spain’s current GDP, the Catalonia province not only has its own language and culture, but it also has a longstanding …
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