Tag Archives: Ladbrokes

The start of the X Factor has prompted Ladbrokes to set up its Christmas number one market, with the show’s main protagonists at the head of the market when it comes to landing 2015’s coveted chart spot. Louisa Johnson is the current favourite at 9/4, while Che Chesterman (8/1) and Anton Stephans (10/1) are also in the top five of …

Bookmakers were cheering yesterday after the Melbourne Cup was won by 100/1 shot Prince Of Penzance, the longest winner in Australia’s most famous race since 1940. It is also the first time a female jockey has ridden the winner in the race’s 155-year history, giving Michelle Payne the opportunity to speak out over the sexism she has encountered. “It is …

Despite forecasting a 57% drop in Group EBIT earnings for its Q3 2015 performance, Ladbrokes Plc shares recorded an 8.7% gain on yesterday’s FTSE trading (closing price 109.05p per share). Presenting the operators performance guidance, CEO Jim Mullen outlined that Ladbrokes was in the process of implementing an “organic plan to aggressively invest and grow our recreational and multi-channel customer base …

Updating the market this morning, Ladbrokes Plc has issued its Q3 2015 (period 30 September) interim management statement forecasting a 57% drop in period Group EBIT earnings of £14.3 million. Ladbrokes governance stated that its earnings performance had been impacted by higher taxation (POC and gaming machine duties) and increased marketing spend targeting UK football and recreational players. The operators …

Following Monday’s release of the official Star Wars Episode VII – The Force Awakens’ trailer, which sent social media into ‘hyperspace’, bookmaker Ladbrokes has placed odds of 6/4 on Lucas Films latest saga instalment to become the highest grossing film of all time. In order to make history, Star Wars Episode VII will have to break James Cameron’s Avatar which …

Ladbrokes long time serving Head of Football Trading David Burgin has left the operator to join competitor Boylesports. Industry news source EGR Magazine reports that Burgin has taken up a senior trading position at the Irish independent bookmaker’s Dundalk headquarters. Burgin departs Ladbrokes following approximately 25 years’ service. The trading expert departure comes just weeks following the announcement that Ladbrokes …

Industry news source EGR Magazine has broken the news that Ladbrokes Managing Director of Digital Andrew Bagguley has left the operator after only six months in the leadership role. Bagguley the former Ladbrokes Director of Mobile Devices (January 2014 – April 2015), had been promoted to the role vacated by incumbent CEO Jim Mullen, with the aim to continue the …

The relationship between the Scottish Professional Football League (SPFL) and its main sponsor Ladbrokes appears to be at odds, as the governing body ordered an official probe regarding the publishing of odds that Aberdeen FC manager Derek McInnes was ready to leave the club.  Aberdeen FC officials reacted angrily to the news published by Ladbrokes PR department that it had …

Listed bookmaker Ladbrokes has signed a £1.35 billion facility with a syndicate of relationship banks to provide committed financing for its proposed merger with Coral. The deal means that Coral’s existing debt of £1.4 billion won’t be carried over to the new group. The new facility has three tranches and will be available for drawing subject to completion of the …

Continuing its senior management restructure under new CEO Jim Mullen, Ladbrokes has announced the appointment of Kristof Fahy as Chief Marketing Officer (CMO). The former William Hill CMO (2010 – 2015), re-joins the betting industry having led Telegraph Media Group marketing for the past six months. Kristof will lead all brand and marketing initiatives for Ladbrokes retail and digital divisions …