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 …
Read More »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 …
Read More »Andy Hornby steps down from GVC to join The Restaurant Group
Co-chief operating officer of GVC Holdings, Andy Hornby, is to step down from his position at the gambling giant to join The Restaurant Group as its new CEO. Hornby will be replacing the outgoing CEO, Andy McCue, at the Restaurant Group once an official transition date has been confirmed. Originally joining Gala Coral in 2011, Hornby has previously held positions …
Read More »William Hill revamps Best Odds promotion with Racing Refunds
After being revealed as the most favoured bookmaker concession in a recent Horseracing Bettors Forum (HBF) survey, William Hill has announced that it will be revamping its Best Odds Guaranteed promotion. The changes to the promotion, set to come into play on Thursday, will now mean that customers will only be able to access the concession from midnight on the …
Read More »SBC Bookies Corner: Brexit enters its final straight
Coming up to the final straight of Brexit negotiations, Theresa May has been making a few last-minute attempts to broker a deal between the UK and the European Union. But with only 17 days to go, rumours are continuing to circulate as to whether we will leave on time, or even whether the UK will leave the EU at all. …
Read More »GVC commits to deeper technical arrangement with Playtech
FTSE100 online gambling group GVC Holdings has this morning announced that it has signed an agreement with Playtech Plc ‘covering a new long-term commercial relationship’. Playtech has formerly served as the lead platform and systems supplier for the GVC acquired properties of Ladbrokes and Coral UK. Integrating Ladbrokes Coral assets during the course of 2018, industry analysts wondered what type …
Read More »Odds shorten on May departure reports Ladbrokes Coral
Brexit has continued to take hold of British politics, with Ladbrokes Coral reporting that odds have shortened on a potential Theresa May departure in May 2019. With only 36 days until the UK is due to formally leave the European Union (EU), MPs are still struggling to gauge any clear idea as to what will actually happen when 29 March eventually arrives. …
Read More »Bookmakers took a £10m hit during racing shutdown
Following the six-day shutdown of UK horse racing last week, the Racing Post has reported that bookmakers have taken a £10m hit as a result. The flu outbreak, which is estimated to have cost the racing industry somewhere in the region of £15m, led to the temporary lock-down of 174 racing yards and an industry-wide halt on the sport as …
Read More »Strengthened digital portfolio helps GVC deliver above ‘2018 consensus’
The Governance of FTSE100 GVC Holdings has this morning published its pre-close full-year 2018 trading statement, detailing that it anticipates delivering an FY EBITDA in the range of £750-755m – ‘ahead of current market consensus’. Completing a landmark year for its business, having merged and integrated the assets of Ladbrokes Coral, GVC governance points to strong growth across its enlarged …
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