The strategic partnership between Ladbrokes and Playtech technologies will see the operator distribute all Playtech’s Live gaming product inventory throughout Ladbrokes mobile and desktop verticals. Ladbrokes is set to distribute Playtech Live games via HTML5 and native versions for IOS and Android devices. As part of the strategic partnership, Playtech has enhanced the Ladbrokes online and mobile casino inventory by …
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The Association of British Bookmakers (ABB) has published a video in which bookmakers explain the new measures that have been introduced onto betting shop gaming machines, more commonly known as FOBTs. In a statement, the ABB commented: “Even though problem gambling levels are at record low in England, we do acknowledge that some of our customers will have problems with …
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UK Newspaper the Daily Telegraph reported that Israeli based igaming software supplier Playtech may be looking to acquire business ventures in the coming months. Playtech may undertake a series of acquisitions in order to strengthen its existing portfolio of igaming products and services. Speaking to the British newspaper CEO Mor Weizer commented that the management of Playtech were on the …
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Richard Glynn CEO of Ladbrokes was awarded 192,080 shares worth £290,000 under long-term share incentive plans tied to his contrat signed in 2010, the payout represents a quarter of the potential maximum of the share awards set in 2010. News of the payout — which is much lower than last year,comes days after the bookmaker reported sharply falling annual profits …
Read More »The 86th US Academy Awards (The Oscars – to you and me!) are upon us, for this week’s cultural sections of the media have been debating the pros and cons of such heavyweight dramas such as current favourite Twelve Years a Slave and its contenders American Hustle, Gravity and Dallas Buyers Club. No doubt they are all worthy candidates to …
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Ladbrokes have called for ‘proper enforcement’ of the point of consumption (POC) licensing of online gaming when it is introduced in the UK later this year. The firm estimate that the new tax, despite being planned for December this year, will hit their 2014 revenues by £2m and they want to see some benefit for this expense. They said: “How …
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Some good news for Ladbrokes in the bookmaker’s poor annual results has come in the shape of its mobile strategy. The firm launched its new mobile sportsbook in December and has seen amounts staked and sign ups up by more than 50% and active players growing by more than 30% year on year since the launch. Over the 2013 mobile …
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A 6.6 per cent increase in operating costs and a 20 per cent increase in gaming machine taxation saw Ladbrokes’ UK retail division post a 25.9 per cent drop in operating profit for 2013 to £133.9m. While gaming machines saw a net revenue increase of 20.2 per cent to £408.4m (mostly driven by growth in £2 stake B3 content), over …
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Ladbrokes chief executive Richard Glynn has labelled his firm’s annual results for 2013 as ‘disappointing’ but maintains that the bookmaker has made ‘real operational progress’ during the year. The figures were never going to be good after a series of profit warnings during the period, but the company has posted a 32.9% drop in group operating profit to £138.3m with …
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Ladbrokes have reacted to the prevailing concerns over problem gambling in betting shops by altering the pay structure of its executives to take social responsibility targets into account. With the campaign against bookmakers, and B2 gaming machines in particular, in full force since the turn of the year, Ladbrokes have taken the smart move to underline how important the firm …
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