Tag Archives: Ladbrokes

Workforce wellbeing leads GVC Holdings retail reopening 

As it plans to reopen its retail betting venues on Monday 15 June, GVC Holdings has published its ‘comprehensive plan’ of actions and requirements to ensure safety standards across all Ladbrokes and Coral estates.  Leadership of the FTSE100 betting group stated that its reopening plan has been designed ‘to exceed the guidelines’ set by the UK government and World Health …

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ASA pulls ‘irresponsible’ Coral tweet as Ladbrokes ad cleared

The Advertising Standards Authority (ASA) has pulled an advertisement from Coral after the advert was deemed ‘irresponsible’. An ad from Ladbrokes was cleared by the ASA, despite receiving five complaints suggesting it encouraged gambling behaviour that was socially irresponsible. The advertising watchdog upheld one complaint issued against a post on Coral’s Twitter page after a challenge was raised concerning irresponsibility, …

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Blackstone reviews CIRSA options as pandemic wipes out IPO potential

US private equity fund Blackstone Group has moved to safeguard its investment in Spanish gambling operator Grupo CIRSA purchasing €120 million of the firm’s debt notes. Last week, CIRSA published headline Q1 trading figures, revealing that company growth had been wiped out during March, with the company being forced to shut down its entire retail presence across Spain and South …

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Ladbrokes eyes strong TV return for UK racing 

Ladbrokes has accepted a strong return for UK racing, as the general public yearns to watch live sports again following a near three-month hiatus. During lockdown, Ladbrokes commissioned research data firm Perspectus Global to undertake a survey of 2,000 sports fans to find out their views on what they missed most about watching live sport. Ladbrokes stated that an ‘absence …

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Frankie Dettori rides with Sporting Index 

Sporting Index has confirmed that it has ‘onboarded’ legendary champion jockey Frankie Dettori as its new brand ambassador. The colourful Italian, who has won 19 British Classics and is currently recognised as the ‘LONGINES – World’s best jockey’, has joined the Sporting Index stable and will help promote the spread betting firm’s fixed-odds betting markets, which were launched in 2019. …

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Peter Nolan joins Digitain as strategic consultant

Sportsbook and casino platform provider Digitain has confirmed the appointment of Peter Nolan as its new Strategic Consultant. As part of his new role, Nolan will take responsibility for the management of media relations. He will also consult on the firm’s B2B marketing plan, as well as sales and business strategy. Commenting on his new role, Nolan said: “Digitain is …

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GVC finalises Ladbrokes Coral migration

Ladbrokes

GVC Holdings has reached a ‘milestone’ after confirming that it has completed the migration of Ladbrokes onto its proprietary technology platform. The Ladbrokes migration marks the final stage of a ‘complex integration process’ after acquiring the brand in 2018. All brands acquired by GVC have now been migrated onto the GVC platform, including Ladbrokes, Coral, Gala Bingo, Gala Casino and …

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GVC revises credit facility terms trading on a more positive outlook

Ladbrokes

GVC Holdings has moved to restructure terms on its revolving credit facility with existing lenders, allowing for greater flexibility as the FTSE firm navigates global COVID-19 business complexities. Last March, operating on a ‘worst-case scenario’ basis, whereby the global sports calendar would be suspended until August, GVC governance sanctioned access to a £550 million revolving credit facility, with a view …

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DCMS demands further ‘proactive steps’ to protect punters during lockdown

The government has urged UK gambling operators to ramp up its protection measures during the COVID-19 lockdown in a bid to mitigate what it has described as a “heightened risk of problem gambling”. In a letter to five chief executives of the largest gambling companies, the sports minister Nigel Huddleston (DCMS) has emphasised that “messages warning of risks and signposting …

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GambleAware donations top £10m for 2019/20

GambleAware has revealed that donations to the charity have surpassed its £10 million minimum target for the first time. Publishing the full list of donations received between 1 April 2019 and 31 March 2020, it revealed that gambling operators and suppliers had made £10.05 million in voluntary donations to the charity, which is not inclusive of money received through regulatory …

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