Tag Archives: Ladbrokes

Reporting on its year to date performance (period ending 30 September), Gala Coral has recorded Group EBITDA earnings of £205 million, just 1% ahead of 2014’s £202 million. Gala Coral governance stated that corporate performance had remained strong despite encountering significant regulatory headwinds and a tough comparative period which featured no World Cup to boost company performance. The operator maintained …

Matt Howe Ladbrokes Walsall Road (Birmingham) betting shop owner has been crowned ‘Betting Shop Manager of the Year’ by the Racing Post and SIS wagering systems. Impressing a secret judging panel, Howe 29 was described as top betting shop manager for his “excellent, friendly and professional” service offered in his “spotlessly clean” shop, Howe is the fifth Ladbrokes betting shop …

Despite Dermot Desmond’s last ditch attempt to derail its £2.2 billion merger with Gala Coral, Ladbrokes shareholders are reported to have voted in favour of the deal this morning. London business news sources report that 90% of Ladbrokes Plc investors backed the merger, despite hearing Desmond’s arguments against its progression. Furthermore Ladbrokes governance rejected Desmond’s appeal for a second merger …

Having launched a scathing attack on Ladbrokes £2.2 billion planned merger with Gala Coral, which saw the publication of saynotocoral.com, Irish financier Dermot Desmond is set to further argue his concerns regarding the merger at a Ladbrokes investor meeting to be held this Tuesday in London. Desmond, who holds a 2.8% company stake, and his public attack against the merger highlighted …

Ladbrokes has moved to counter the call by Dermot Desmond for shareholders to reject its proposed merger with Coral by reiterating the rationale behind the deal. In a message to the stock market, Ladbrokes’ board said that it ‘noted’ Desmond’s letter and acknowledged that it had had ‘significant dealings’ with him as both a shareholder and a commercial partner over …

Ladbrokes investor Dermot Desmond has come out fighting against the merger between UK bookmakers Ladbrokes and Gala Coral, imploring the ‘passive’ Ladbrokes shareholders to block the deal and look for better options. Desmond, who has had a long standing interest in the gambling industry through initiatives such as betting exchange BETDAQ, Irish bookmaker Chronicle and GBE Technologies, notwithstanding a stake in …

Digital marketing services company XL Media is believed to have bought the rights to operate the Freebets.com betting bonus affiliate site previously owned by David Archer of Biggerbet. The UK-listed but Israel-based XL Media has said in recent trading statements that it had recently added a number of bolt-on publishing sites to its extensive portfolio of affiliate marketing site holdings. …

Ladbrokes is trailing its ‘industry first’ gamification focused player rewards system, titled ‘Ladbrokes Life Adventure’. The player benefits scheme has been rolled out for initial testing on Ladbrokes Casino, the system is designed to reward players for engagement with Ladbrokes products The scheme will see players collect coins each time they play casino games with the accumulated coins then able …

Ladbrokes marketing has been forced to pull down an email campaign featuring Manchester United Dutch footballer Memphis Depay. Memphis Depay (22) image was used in a ‘Don’t Miss Out – Money Back’ email promotion by Ladbrokes. The UK Committee of Advertising Practice (CAP) branded the advertisement as ‘irresponsible’, since it featured an image of a athlete aged under 25 attached to …