Tag Archives: Ladbrokes Digital

Racecourse Media Group strengthens Director Board with three appointments

SBC News Racecourse Media Group strengthens Director Board with three appointments

UK Racing media rights holding firm Racecourse Media Group (RMG) has strengthened its directorial board through appointing Jim Mullen and Britt Boeskov as independent non-executive directors. The new appointments come as a bid to facilitate further understanding of the regulatory challenges that face the gaming industry in 2019, with hopes that Mullen and Boeskov will help provide strategic advice at …

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Accelerated Growth sees Ladbrokes post H1 2016 profits of £25 million

SBC News Accelerated Growth sees Ladbrokes post H1 2016 profits of £25 million

Publishing its H1 2016 results (period ending 30 June), Ladbrokes Plc governance has stated that its ongoing corporate strategy has seen it deliver an ‘accelerated multi-channel’ growth on all core metrics. The FTSE-listed bookmaker would close H1 2016, recording group revenues of £661 million up +13% on corresponding H1 2015’s £585 million. The revenue uplift would see the operator post …

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Tough 2015 opening for Ladbrokes as operator is hit by adverse sports results

SBC News Tough 2015 opening for Ladbrokes as operator is hit by adverse sports results

Entering its first performance quarter under the leadership of new CEO Jim Mullen, Ladbrokes reported that its group performance for the period (ending 31 March) had been impacted by “customer friendly results and externally imposed headwinds” – UK POC tax and increased betting machine duty.   As a result of these factors the operator posted an EBIT decrease of 22.3% …

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