Tag Archives: Ladbrokes Coral

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 …

Seeking to bridge customer engagement between its retail and digital properties, FTSE bookmaker Ladbrokes has today announced the launch of its ‘omni-wallet’. The payment processing function will be launched across the bookmakers +3,500 retail estates, and has been further integrated within Ladbrokes’ player rewards scheme ‘The Grid’. Updating the media, the bookmaker seeks to create seamless player transactions between Ladbrokes.com …

FTSE bookmaker William Hill Plc has lit-up the Australian gambling market, by confirming that it has entered ‘in-depth discussions’ with Crown Resorts to acquire its controlling 62% stake in online betting subsidiary Crownbet. The cumbersome merger of Tabcorp-Tatts has dominated the Australian betting industry’s agenda and context in 2017, however, seeking to expand its international assets William Hill may have …

On 31 October, Gambling Minister Tracey Crouch announced the launch of a 12-week consultation on proposals for changes to gaming machines and social responsibility measures that will run until 23 January 2018. The consultation covers Government proposals relating to: maximum stakes and prizes for all categories of gaming machines permitted under the Gambling Act 2005 (including a reduction in the maximum stakes …

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 …

Responding to the case that led to British trainer David Evans receiving a £3,000 fine from the British Horseracing Authority (BHA), Ladbrokes Coral has affirmed its consistency between prices offered to trainers and other customers. It comes after it was revealed that Evans placed a bet of £6,000 on his horse Black Dave at 4/1, whilst many bookmakers had the …

The general consensus among racing fans and pundits is that trainer David Evans was right to describe his punishment from the British Horseracing Authority (BHA) as “very lenient.” The saga of events that landed Evans in trouble occurred on 9 January 2015, when the trainer had both Black Dave and Tango Sky scheduled to run in the same race, he …

The board of GVC Holdings has today announced that it has sold its Turkish business unit ‘Headlong Limited’ (and associated subsidiaries) to Malta-based technology group Ropso Limited. The FTSE gambling group undertakes its disposal of Headlong assets for a total consideration of €150 million (£132 million). Updating the market, GVC governance expects to conclude its Turkish asset sale by the …

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 …

Ladbrokes Coral has announced it will no longer offer guaranteed prices that appear in the paper for a brief time on the day of the race.   Previously, for a limited period both Ladbrokes and Coral offered the prices that had been printed in the paper at 8:30am. However, as operators continue to become further detached from paper prices, Ladbrokes …