Tag Archives: Ladbrokes Coral

Entain readies for full unit comeback as lockdown impacts Q1 trading

Jette Nygaard-Andersen takes charge of Entain as new CEO

Entain Plc has stated confidence in achieving its 2021 growth objectives, despite COVID-19 restrictions hampering the performance of its Ladbrokes Coral retail unit.  Publishing its Q1 trading update, Entain reports a 13% decline in group net revenues, attributed to its restricted retail unit, which recorded a 99% decline in NGR as ‘almost all estates were closed during the quarter’. The …

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Entain to deploy new affordability model across UK brands

Entain Plc will deploy a ‘new affordability model’ across its entire UK brand portfolio, to detect customers at ‘greatest risk of potential financial harm’, ensuring early intervention from its customer care teams. The model – which has been ‘under development for the past 18-months’ – has been configured by Entain’s proprietary ‘ARC’ (Advanced Responsibility and Care) safer gambling player monitoring …

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Entain aims for new horizons in its journey towards gender parity

Jette Nygaard-Andersen takes charge of Entain as new CEO

Entain Plc has declared continued strides towards achieving its group-wide gender pay parity objectives after publishing its annual ‘Everyone’s in the Game’ – gender pay gap report. The FTSE100 firm underlined its position as ‘the betting sector’s most inclusive employer’ achieving a median hourly pay gap of 7.1%, significantly lower than the UK’s national average of 15.5% for mass-market businesses. …

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HooYu report reveals onboarding problems for operators

Global customer onboarding platform HooYu has published a report examining the problems faced by both UK-based and international gaming operators regarding user abandonment. In addition to investigating onboarding, HooYu also looked into contrasts in funnel performances between small, medium and large operators, and how long it takes different operators to perform KYC initiatives. The report found that customer onboarding and …

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Entain and ARC form media JV to revitalise greyhound racing’s appeal

Entain Plc will revamp its live racing offering across its entire sportsbook portfolio having secured an exclusive long-term media rights partnership with Arena Racing Company (ARC).  The exclusive partnership will see ARC deliver a new range of horseracing and greyhound media products for its UK flagship sportsbook unit of Ladbrokes Coral, as well as for its digital betting brands of …

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Entain launches consumer representation initiative ‘The Player’s Panel’

Entain plc has launched ‘The Player’s Panel,’ a new initiative aimed at ‘giving consumers a voice’ on issues relating to betting and gambling in the UK. The Panel consists of a range of Entain’s customers from across the UK, who participate on a voluntary, unpaid basis. The members will interact with ‘political decision -makers, stakeholders and the media to give …

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Royal Ascot’s ‘massive’ seven-race cards welcomed by bookmakers

Royal Ascot ‘massive’ seven-race cards welcomed by bookmakers

Royal Ascot has made the decision to expand its race card to seven meetings a day, in a move which has been well received by betting industry figures. The Copper Horse Stakes, the Palace of Holyroodhouse Stakes and the Golden Gates Stakes flat races were fixed to the venue’s week long event last year. This was followed by the inclusion …

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March to April 2020 in Review: Betting tackles its Covid trauma

March to April 2020 in Review: Betting tackles its Covid trauma

SBC recounts the traumatic months of March and April 2020, as the deadly coronavirus spread across Europe, leading to nationwide lockdowns and the cancellation of sports fixtures across the world. SBC – COVID-19 shocks signal that 2020 will be no ordinary year… As COVID-19 triggered what has been described as an ‘unprecedented’ situation, the betting industry was forced to enact …

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William Hill secures highest industry rank on Financial Times ‘Diversity Index’

William Hill Plc is the highest-ranked gambling firm to feature in the Financial Times annual ‘Diversity Leaders Index’, which tracks the progress of corporate inclusivity directives amongst Europe’s biggest corporations. Composed by research partner Statista, the FT’s index measures employee perception of companies’ inclusiveness and effectiveness in tackling complex issues in improving corporate diversity with regards gender balance, openness to …

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GVC absorbs retail shocks as business recalibrates for critical H2 trading

GVC Holdings stated that it is ‘well placed to balance the year’, as the FTSE100 company absorbed significant retail shocks across its UK and European units, readjusting its full-year EBITDA outlook to £720m-£740m range (dependent on further COVID-19 outcomes). Publishing its interim results for the six month period ended 30 June 2020, GVC noted that the closure of its Ladbrokes …

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