Ladbrokes Chief Executive Jim Mullen has called on the government to give the betting industry some respite in an interview with the Daily Telegraph. In just over 12 months, the industry has seen the introduction of a point of consumption taxation, a 5% increase in machine gaming duty to 20%, new restrictions on gaming machines in the shape of the …
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Scott Longley – Don’t panic…Ladbrokes-Coral faces up to the competition authorities
Scott Longley assesses the upcoming UK CMA review of the Ladbrokes-Coral merger and how the deal will shake-up all sections of the UK betting sector. The phony war is over. The announcement yesterday that the £2.3bn Ladbrokes Coral merger has been officially notified to the Competition and Markets Authority (CMA) means we now have something of a timetable for whether …
Read More »Ladbrokes CEO Jim Mullen – Current ABP stand-off does not benefit anyone
Ladbrokes CEO Jim Mullen has expressed concern regarding the ongoing tense stand-off between UK Racing and the betting industry concerning the BHA’s ‘authorised betting partner’ (ABP) policy. Mullen states that the current scenario does not benefit any stakeholders, as both industries’ are mutually “intertwined”, hence there should be no need for “backdrop of scores, injustices – or perceived injustices – …
Read More »Snow to become acting Chief Financial Officer at Ladbrokes
Following Ian Bull’s departure it has been announced that Richard Snow will take over as acting Chief Financial Officer at Ladbrokes from the end of February. Back in September the bookmaker announced that Ian Bull would be stepping down ahead of the planned merger between Ladbrokes and Gala Coral. Snow will take on the role on a temporary basis until the …
Read More »Olly Joshi – WantMyBet? – Keep it Social, Stupid
WantMyBet was founded by Olly Joshi, Will Chapman and Tom Gooday, with the trio dissatisfied with the current offerings available for fans seeking well-informed betting advice. SBC spoke to Olly Joshi to discuss the new social betting platform, Jimmy Bullard as a butler and how they’re setting about improving football betting for the everyday punter. SBC: Olly, congratulations on the …
Read More »PPF Review 2015 – Education to combat Match Fixing
The 2015 review of sports betting integrity education for elite athletes by member player associations has been published by the Professional Players Federation (PPF). The Minister for Sport, Tracey Crouch MP, attended the reception at which it was launched which was itself hosted by Nigel Adams MP. A key part of the review was the discussion of the ongoing need …
Read More »John Kelly appointed new Ladbrokes chairman ahead of Coral merger
John Kelly has been appointed chairman of Ladbrokes after Peter Erskine stepped down from the Board on 3 December in anticipation of the proposed merger with Coral. Kelly is a former chairman and CEO of Gala Coral and will be the Chairman of the combined organisation. Erskine announced his intention to step down earlier this year and decided now was …
Read More »Ladbrokes enters Germany with SV Werder Breman partnership
UK betting operator Ladbrokes has confirmed that it has agreed its first ever German sports sponsorship with SV Werder Breman becoming the Bundesliga football clubs official betting partner. The marketing partnership will see Ladbrokes replace German betting operator Tipico Sportwetten as betting partner for the Die Werderaner. Tipico had chosen not to renew its partnership with the Breman football club. …
Read More »Bet365 retains Best Bookmaker title at Betting on Football Awards
Bet365 was named Best Bookmaker for the second year running at the Betting on Football Awards last night. The Stoke-based bookmaker beat off strong competition from rivals Sky Bet and Unibet to pick up the title. Sky Bet didn’t go home empty handed though. The firm picked up awards for Best Mobile Bookmaker and Best Sponsorship Partnership for its work …
Read More »Carl Leaver dismisses Desmond’s concerns regarding Ladbrokes-Coral
Carl Leaver CEO of Gala Coral Group has dismissed claims that the creation of Ladbrokes-Coral will only favour Coral stakeholders. Having announced Gala Coral’s year to date performance which saw the operator record EBITDA earnings of £205 million, Leaver dismissed the recent criticisms of Ladbrokes investor Dermot Desmond. The Irish investment magnet had made scathing criticisms regarding Ladbrokes governance woeful …
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