Tag Archives: Ladbrokes Coral

Jim Mullen – Proven Theory! Ladbrokes Coral is now delivering for investors

SBC News Jim Mullen – Proven Theory! Ladbrokes Coral is now delivering for investors

Speaking to Ladbrokes Coral Plc investors on H1 2017 performance, group CEO Jim Mullen has detailed that the FTSE gambling firm is ‘now delivering on its pre-merger promises’. Presenting H1 2017 results, which saw Ladbrokes Coral declare group operating profits of £51 million, Mullen stated that the enlarged operator’s ambitions and scalability were ‘no longer theoretical’. Throughout his tenure as …

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‘Strong Progress’…Ladbrokes Coral H1 2017 results bolstered by digital betting boost

SBC News 'Strong Progress'...Ladbrokes Coral H1 2017 results bolstered by digital betting boost

Reporting its 2017 H1 results (period ending 30 June), FTSE-listed Ladbrokes Coral Plc has declared that the integration process between the two operators, ‘has continued at pace’ and enabled ‘significant improvements in operational efficiency.’ Reaping the benefits of a hike in digital betting, Ladbrokes Coral reported digital net revenue of £374.5 million, a 17% rise on the results of a tough 2016 comparable …

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GBGB praises Ladbrokes Coral’s commitment to ‘rebuilding greyhound racing’

Sittingbourne - Copyright: EcoSnap / 123RF Stock Photo

Barry Faulkner the Chief Executive of the Greyhound Board of Great Britain (GBGB) has praised Ladbrokes Coral’s governance for committing to pay a voluntary levy on greyhound turnover taken from remote wagers. Yesterday, FTSE-listed Ladbrokes Coral issued a corporate statement detailing that it would pay a ‘voluntary levy to greyhound racing based on off shore greyhound turnover from the start of 2018.’ …

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Ladbrokes Coral commits to pay voluntary off shore greyhound levy

SBC News Ladbrokes Coral commits to pay voluntary off shore greyhound levy

Issuing a corporate update, Ladbrokes Coral Plc has today informed that it will be paying a ‘voluntary levy to greyhound racing based on off shore greyhound turnover from the start of 2018.’ The FTSE firm states that its commitment to the greyhound levy will be ‘unconditionally’, making its payments through the British Greyhound Racing Fund or the body advised by …

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More than 120 operators confirmed for Betting on Sports 2017

Operators - #boscon2017

More than 120 operators, 75 top level affiliates and 80 suppliers will be joined by some of the biggest sports organisations in Europe at this year’s Betting on Sports conference, held from 12-15 September. Among the 120 operators at #boscon2017 will be the recently merged Paddy Power Betfair, a premium sponsor of the event, and Ladbrokes Coral, which will be …

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Ladbrokes Coral says no to GVC’s £3.6 billion takeover bid

SBC News Ladbrokes Coral says no to GVC's £3.6 billion takeover bid

The Financial Times has reported that FTSE-listed GVC Holdings has failed in its attempt to takeover UK market rival Ladbrokes Coral Plc. The business news source reports that Ladbrokes Coral governance had reviewed a £3.6 billion group takeover deal, aimed at creating ‘the outright UK gambling market leader’, by merging GVC’s digital gambling brands with Ladbrokes Coral retail and online …

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Ladbrokes extends title sponsorship of Rugby League’s ‘Challenge Cup’

SBC News Ladbrokes extends title sponsorship of Rugby League's 'Challenge Cup'

Updating the market, Ladbrokes has informed that it will continue to work with the Rugby Football League as title sponsor of its Challenge Cup, English Rugby League’s legacy knockout competition. Ladbrokes marketing has signed a one-year extension, which will see the competition continue to be branded as the ‘Ladbrokes Challenge Cup’. The sponsorship extension is signed on the week of …

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Ladbrokes Coral appoints Jason Scott as Ladbrokes Australia CEO

Ladbrokes Australia

Ladbrokes Coral Plc has confirmed that Jason Scott will serve as its CEO of Ladbrokes Australia, following a ‘successful time in charge’ as the division’s interim leader. Last February, Scott was appointed interim CEO of Ladbrokes Australia, following the departure of Dean Shannon. Prior to the interim appointment, Scott had served as the division’s Trading Director. A key stakeholder in …

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Digitally strong Ladbrokes Coral confident of 2017 targets

Issuing a trading update, the governance FTSE-listed bookmaker Ladbrokes-Coral has detailed that it is ‘on target’ to hit its full-year corporate targets and expectations following a positive H1 2017 opening driven by strong digital gains. Updating investors, Ladbrokes Coral governance details that it expects Total Group net revenue to be 1% ahead of last year (cc -1%), with total group …

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Kristof Fahy departs as Ladbrokes Coral Chief Customer Officer

SBC News Kristof Fahy departs as Ladbrokes Coral Chief Customer Officer

FTSE-listed bookmaker Ladbrokes Coral Plc has confirmed the departure of Kristof Fahy as Group Chief Customer Officer (CCO). Issuing a corporate statement Ladbrokes Coral detailed “Following the successful integration of the marketing functions and the aligning of the marketing budgets to the Retail and Digital Executives, our Chief Customer Officer, Kristof Fahy has decided it is time to leave the …

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