Tag Archives: Ladbrokes

Ladbrokes – UK 2015 general election to be biggest political betting market ever

SBC News Ladbrokes - UK 2015 general election to be biggest political betting market ever

Ladbrokes predicts that the forthcoming UK general election, will be the biggest political betting  market of all time. Ladbrokes announced to UK media and news sources that it expected a staggering £100 million to be wagered on the May vote, as the UK election heats up in the coming months. Ladbrokes Head of Political Betting Matthew Shaddick commented on the …

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Gerard Farrell – Global Reviews – Sports bettors expect ease of use as a bare minimum

In the year February 2014 to February 2015 Global Reviews conducted three Digital Sales Effectiveness* studies into the Sports Betting Industry in the UK and Ireland. This research examines how effective 888, Bet Fred, Bet Victor, Bet365, Betfair, Coral, Ladbrokes, Matchbook, PaddyPower, Sky Bet and William Hill are at converting customers online. Bettors expect more online Prospective bettors are looking …

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Ladbrokes examines loss making Irish retail division

SBC News Ladbrokes examines loss making Irish retail division

Having recorded declining retail performance in 2014 (£119 million down 11% on 2013 £133 million), Ladbrokes governance has initiated a strategic assessment of its business division, as the operator looks to recover corporate performance and market share against competitors William Hill and Paddy Power. The strategic assessment of its retail business division codenamed ‘Project Athru’ will look to evaluate existing …

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Playtech revenues up 24% in record breaking 2014

SBC News Playtech revenues up 24% in record breaking 2014

iGaming technology supplier Playtech Plc reported a record breaking 2014, as the firm achieved record annual revenues and earnings, seeing growth throughout all of its product channels. 2014 full year results saw Playtech record a revenue increase of 24% €457 (FY 2013 – €367 million), the strong revenue performance translated to EBITDA profits of €207 million up 30% on 2013 …

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Ladbrokes 2014 profits hit by declining retail performance

SBC News Ladbrokes 2014 profits hit by declining retail performance

Ladbrokes Plc disclosed its preliminary results for its 2014 performance, as forecasted by numerous business sources the operator revealed that pre-tax profits were down 13.5% to £98 million (FY 2013 : £113.3 million). 2014 group revenues had increased to £1.15 billion, up 3.8% on 2013 (£1.1 billion) as Ladbrokes saw increased wagering on its football betting markets during Q1 2014 …

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BlackRock snaps up 4.7% stake in Ladbrokes

SBC News BlackRock snaps up 4.7% stake in Ladbrokes

Investment management firm BlackRock has snapped up a 4.7% stake in Ladbrokes Plc, ahead of tomorrow’s full 2014 financial presentation. The financial firm took advantage of Ladbrokes’ share price dip at the start of the week to acquire its stake in the company. The news of BlackRock’s investment in Ladbrokes has surprised London business analysts as yesterday investment bank Deutsche …

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Infographic shows history of online sports betting industry

SBC News Infographic shows history of online sports betting industry

This new infographic from RightCasino.com reveals how, in 20 years, online betting has grown into an industry worth more than $74 billion. It charts the history of online betting from humble origins in Antigua to its current level of sophistication, where crazy PR stunts, royal baby betting and celebrity endorsement are industry standard. The sports betting industry as a whole …

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O’Kane re-elected as ESSA chairman

SBC News O'Kane re-elected as ESSA chairman

ESSA, the regulated betting industry’s integrity body, has unanimously re-elected Mike O’Kane as its Chairman for a further two years. O’Kane, Business Director at Ladbrokes and who has nearly 40 years experience in the sector,  stated that he was ‘delighted to be able to continue in the role’. O’Kane first took over as ESSA Chairman in 2013 and during his …

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Slow count fraudster avoids jail

SBC News Slow count fraudster avoids jail

A ‘slow count’ fraudster has avoided jail despite costing bookmaker Ladbrokes an estimated £10,000 across an 18 month period. Snaresbrook Crown Court heard how John O’Connor conned staff at 14 branches of Ladbrokes over 18 months from July 2012. Among the tactics used by O’Connor was the placing of a bet near to the off, then using a variety of …

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