The degree to which the fortunes of the Stars Group and William Hill have diverged since their failed merger talks 18 months ago provides an interesting counterpoint to the current obsession with sector M&A. A recent note on Stars published by the Canadian analyst team at Canaccord Genuity noted that the company’s share price rose 54 percent in 2017, placing …
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David Williams joins up with British Racing Bet
British Racing Bet has a new Director of Communications, with it announced that David Williams is to join the firm. The entity has been founded by a vast majority of British racecourses, with the aim of delivering pool betting on British racing, it is also detailed the venture is to operate at in excess of 50 racecourses, upon its launch …
Read More »Ladbrokes – Social Responsibility will drive new Scottish Football sponsorship
Ladbrokes marketing has vowed to place social responsibility at the forefront of its renewed Scottish Professional Football League (SPFL) sponsorship. The bookmaker has been the title sponsor of the SPFL since 2015, and yesterday confirmed that it had renewed the partnership for a further two seasons of Scottish football, in a deal reported to worth £5 million. As lead SPFL …
Read More »Ladbrokes chief warns of £2 FOBT ramifications
Ladbrokes Coral Chief Executive Jim Mullen has emphasised that cutting the stakes of fixed odds betting terminals (FOBTs) will not only have negative economic implications, but will also “fail to adequately address any issue of problem gambling”. Mullen was responding to a report in the Sunday Times, which claimed newly appointed culture secretary Matt Hancock is in favour of delivering a …
Read More »Ladbrokes Coral targets Q1 closure for GVC Holdings proposition
Issuing a market update, Ladbrokes Coral governance has detailed that it will move to publish a ‘scheme document’ detailing full information on GVC Holdings £4 billion takeover deal (first announced 7 December). The document which aims to be published by early/mid-February will further inform stakeholders on the deals legal proceedings (Court Meeting) and notices convening at Ladbrokes Coral General Meeting. …
Read More »Football DataCo nets Ladbrokes Coral and Kindred deals
Football DataCo has announced that is has signed a duo of operators to long term data usage license agreements.. Ladbrokes Coral and Kindred Group join a growing list of licensed betting operators, which includes bet365, Betfred, GVC, Paddy Power Betfair, Skybet and William Hill. Through these new long term agreements, operators will be utilising match day data for the entire …
Read More »Ladbrokes extends SPFL sponsorship to 2020 with bumper deal
Ladbrokes has opted to extend its sponsorship of the Scottish Professional Football League (SPFL) to 2020, giving the Scottish football divisions a welcome cash boost. The deal is believed to be worth £5 million, with the betting brand also agreeing to up its investment in the leagues. The original deal, signed in 2015, was the most lucrative in Scottish football …
Read More »Ladbrokes Coral aims to close gender pay gap
The governance of FTSE-listed bookmaker Ladbrokes Coral Plc has stated that it will work to close its gender pay gap, following the publication of corporate statistics by the UK government. Under the requirements of ‘The 2010 Equality Act’, UK companies with more than 250 staff have to disclose yearly gender pay employee data. Ladbrokes Coral, the UK’s biggest retail betting …
Read More »Up for the cup: Ladbrokes agrees one game partnership with Fleetwood
Fleetwood Town announces one game betting partnership with Ladbrokes for the return of Jamie Vardy in the FA Cup 3rd round tie at Highbury on Saturday. The League one club has announced it’s delight to welcome in a one-match deal that will see Ladbrokes, the fastest growing multi-channel betting and gaming brand in the UK, become the team’s official sleeve …
Read More »Ladbrokes: Bookies embracing the transfer rumour mill
Ladbrokes have priced up a whole host of potential replacements for the seemingly exit-bound Philippe Coutinho, and Man United’s Henrikh Mkhitaryan is among the favourites. The bookies have suspended betting on Coutinho’s next destination, and 4/1 says Mkhitaryan replaces him at Anfield. Real Madrid ace Dani Ceballos remains the 6/4 favourite to make a move ahead of Leon Goretzka (9/4) …
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