Tag Archives: london

City issues Red Alert, as Ladbrokes forecasts H1 2015 losses

SBC News City issues Red Alert, as Ladbrokes forecasts H1 2015 losses

As Ladbrokes governance plans to announce its Half Year 2015 performance this Tuesday, London business analysts and investors fear the worst for the bookmaker after writing down the value of its retail betting portfolio.  Ladbrokes are set to record an impairment charge of between £75-85 million, which will guarantee that the operator records a pre-tax loss for H1. New CEO …

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Ladbrokes & Gala Coral ramp up merger talks

SBC News Ladbrokes & Gala Coral ramp up merger talks

Multiple London business news sources have disclosed that Gala Coral and Ladbrokes are close to agreeing terms on a £3.5 billion merger, which would create the UK’s biggest bookmaker with over 4000 betting shops. Ladbrokes who are being advised on the merger terms by investment banks’ Greenhill Capital and UBS are expected to issue new share placements in order to …

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Matchbook furthers sponsorship of Brentford FC

SBC News Matchbook furthers sponsorship of Brentford FC

Online betting exchange Matchbook.com has furthered its exciting partnership with West London football club Brentford FC, by becoming ‘The Bees’ official shirt sponsor for the 2015/2016 Championship season. Brentford FC CEO Mark Devlin unveiled the club’s new shirt and sponsor for the upcoming season. Devlin revealed that the partnership with Matchbook.com, represented the biggest sponsorship deal in the club’s history, …

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Smarkets appoints first marketing chief

SBC News Smarkets appoints first marketing chief

European betting exchange Smarkets has appointed Alexander Wheldon as the company’s first Chief Marketing Officer (CMO). The new role was created to expand on Smarkets’s growth over the past year and support development of its primary UK customer base and help the business enter new markets. Smarkets has grown considerably over the past year, showing 400% YOY growth. With pre-tax …

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William Hill – Sol Campbell 20/1 to become Tory London Mayor candidate

SBC News William Hill - Sol Campbell 20/1 to become Tory London Mayor candidate

Having announced his intention to run as a Conservative Party candidate for London Mayor, former England and Arsenal FC footballer Sol Campbell has been priced at 50/1 by William Hill to win the mayoral race. The former England defender will take part in a hustings event with other candidates for the Tory nomination on 4 July. Campbell who has acknowledged …

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Becker to serve as ZEAL CEO in 2016

SBC News Becker to serve as ZEAL CEO in 2016

Dr Hans Cornehl, Chief Executive Officer of ZEAL Network SE (formerly Tipp24), is to leave the company at the end of the year after informing the Supervisory Board of the company that he did not wish to renew his contract when it runs out on 31 December 2015. After thirteen years on the Executive Board of the company, with a …

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ICE 2015 attendance audited at record breaking 25,497

SBC News ICE 2015 attendance audited at record breaking 25,497

An independent audit undertaken by BPA has confirmed that attendance at ICE Totally Gaming 2015 fell just three short of 25,500.  The audited figure of 25,497 represented an 8% increase on  2014 and was 15% up on 2013, vindicating the decision to relocate to the purpose-built ExCeL Centre situated next to London’s financial and commercial district at Canary Wharf. ICE attendance audited at record …

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Job of the Week: Brokerage Assistant

SBC News Job of the Week: Brokerage Assistant

LOCATION: London JOB TYPE: Full Time The sole purpose of this role is to provide high level support to the brokers and assist in all hedging, trading and reporting duties as and when required. Like all brokers the broker assistant will be responsible for serving the company’s VIP customer base, taking and executing bet orders quickly, efficiently, with little/no risk …

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