Tag Archives: Ladbrokes Coral

GVC opens new Rome office unifying Italian operations

FTSE gambling group GVC Holdings has confirmed that it has migrated all Italian divisions to a new Rome office, which will house around 360 staff of its Eurobet, bwin and Gioco Digitale Italia properties. Located in the Lungotevere district near Rome’s city centre, GVC completed its Italian HQ relocation last week, opening a new six-floor (approx. 4,200 sqm) office which will …

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GVC’s Mark Chambers to step down

GVC Holdings has confirmed that its Managing Director for retail in the UK and Ireland Mark Chambers will step down from the position in March 2020, due to be succeeded by Andy Hicks. The announcement marks a shake-up for the operator’s retail division, which has already undergone a number of changes due to FOBT legislation and subsequent shop closures. Hicks …

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Tom Byrne, HBLB: Horseracing gets race-by-race betting data boost

News that five of the UK’s top operators had committed to a ten-fold increase in voluntary levy to GambleAware made big news in July, but a major deal for horse racing announced the following week – involving four of the same five – passed with considerably less fanfare. Tom Byrne, Operations Manager at HBLB, tells us more. The horseracing sector …

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Digital confidence sees GVC up 2019 profits guidance

A combination of continued online growth and better than expected UK retail performance has allowed FTSE online gambling group GVC Holdings to upgrade its full-year corporate guidance. Citing market share gains across all major territories, the group recorded group ‘pro-forma’ revenues of £1.8 billion up 5% on corresponding H1 2018’s £1.7 billion. During the trading period, GVC’s enlarged multi-regional online …

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‘Systematic failings’ cost Ladbrokes Coral £5.9m

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The Gambling Commission has found ‘systemic failings’ at the Ladbrokes Coral Group leading to the imposition of a penalty package consisting of £5.9m payment and a series of improvement measures that must be implemented by new owner GVC. The regulator has also revealed that more sanctions may be coming down the line as further investigations into the actions of Personal Management …

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Winning Post – Different defensive strategies will lead to the same outcome

Industry strategic consultancy Regulus Partners reviews a week of conflict and consequences for UK betting incumbents adjusting to new FOBTs and social responsibility realities. _______________________ Last week saw optically conflicting news coming from the GB LBO sector as to the impact of the B2 ban (primarily) on likely shop closures. First, William Hill guided that around 700 shops (30% of …

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Greyhound Board of Great Britain commits further funding to animal welfare

The newly-rebranded Greyhound Board of Great Britain (GBGB) has pledged to continue directing at least 75% of the funding it receives from the betting industry towards animal welfare, as detailed in its first year update. Earlier in the year, a number of the industry’s bookmakers agreed to voluntarily set aside funds to go towards greyhound racing. Betfred, Paddypower Betfair, Sky …

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Champions League final drives Super Saturday betting

This weekend’s ‘Super Saturday’ continued to attract mass-interest from UK punters this year, with punters wagering bets on the Epsom Derby, the Champions League Final, and the fight between Anthony Joshua vs Ruiz Jr. The all-English Champions league final between Liverpool and Tottenham Hotspur attracted the most attention from punters in terms of bets placed, closely followed by the Investec …

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Kemp departs Ladbrokes Coral to join Together for the Tote

Together for the Tote has confirmed that Mark Kemp has been appointed as the group’s UK Managing Director, after holding the same position at Ladbrokes Coral. Due to take on the new role later in the year, Kemp has held a number of positions across the gambling sector with executive board experience across marketing, operations and product in both the …

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GVC Holdings confirms Triennial & Technology savings

FTSE100 gambling group GVC Holdings Plc will today host its Capital Markets Day, with corporate leadership outlining the firm’s ‘foundations for long-term market outperformance’. Presenting the firm’s strategic objectives and future prospects, GVC governance details progress on the firm’s enlarged agenda, a year following its transformative acquisition of Ladbrokes Coral. Citing an ‘accelerated migration’ of Ladbrokes Coral online brands onto …

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