Lifelong greyhounds fan Ben Keith has been awarded the GWA Services to Greyhound Racing Award by the Greyhound Writers’ Association (GWA). In its statement, the GWA referenced the challenge of the past 12 months, saying that the sport should be proud of how it has responded to these difficulties, ‘especially in the work of trainers, their kennel hands and staff, …
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FOBT reduction will knock £160m off EBITDA by 2020, says GVC
Multinational sports betting and gaming group GVC Holdings has anticipated that the slashing of FOBT maximum stakes from £100 to £2 will see the firm’s Group EBITDA fall by £160 million by the end of 2019. Disclosing the news in its trading update for the first 20 weeks of the year, GVC also expects a drop of £120 million in …
Read More »Ladbrokes Coral appoints The7stars as lead media agency
London independent full-service marketing agency The7stars has been awarded the consolidated media planning and buying account of FTSE-listed bookmaker Ladbrokes Coral, valued at an estimated £40 million. Completing its £2.3 billion merger last November, Ladbrokes Coral governance has begun to implement the new enterprise’s post-merger operational strategy seeking short-term corporate savings of between £60-70 million. Following a closed pitch, …
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