Tag Archives: Richard Glynn

Ladbrokes has announced that it has reached an agreement with the English Rugby Leagues to become the title sponsor of the Challenge Cup competition. Under the agreement, the competition will be known as the Ladbrokes Challenge Cup. Ladbrokes will work closely with RFL players and personalities in various sponsorship activation initiatives and will also launch the tournament’s inaugural Ladbrokes Player …

Ladbrokes has begun its search for a replacement to outgoing Chief Executive Officer Richard Glynn, who will leave the operator in April 2015. London city analysts and commentators have speculated that Ladbrokes Plc will likely look for an external replacement for Glynn. Glynn ends a five year tenure at the helm of the FTSE 250 operator. Appointed in April of …

Ladbrokes announced that Chief Executive Officer Richard Glynn will step down next year after four years leading the UK bookmaker and FTSE 250 Company. Richard Glynn was appointed CEO of Ladbrokes in April 2010 with hopes of turning around the operators performance, Glynn had emphasised that Ladbrokes would focus on creating market leading igaming and online sports betting product offerings. …

Ladbrokes Plc posted its first positive interim results, for Q3 2014 following eight rounds of consecutive losses recorded in previous interim results. Ladbrokes senior management announced that after posting its positive Q3 2014 results (three month period ending 30 September), it was now on track to meet its financial targets for 2014. Ladbrokes posted Group operating profits of £33 million …

The chief executives of Britain’s  top four leading gambling operators have shown unity and support, for the launch of independent gambling advertising standards commissioner – The Senet Group. The independent initiative set up in order to co-operate with UK advertising standards authorities and government regulators, in order to bring clarity to gambling advertising practices and to avoid any future clampdowns …

The UK’s four biggest betting operators – William Hill, Ladbrokes, Paddy Power and Gala Coral have set up an independent gambling standards commissioner to monitor industry advertising practices. The independent initiative has been set up in order to co-operate with UK advertising standards authorities and government regulators, in order to bring clarity to gambling advertising practices and to avoid any …

Weekend news reports stated that Ladbrokes Chief Executive Richard Glynn’s fate would be decided by this Tuesday interim performance report.  The Sunday Times had reported that a group of major shareholders were greatly concerned with the company’s performance under Glynn’s leadership. On Tuesday Ladbrokes published a profit after tax drop of 49.8% to £23.7m for the period, with huge drops …

. The Sunday Times reports that shareholder pressure is mounting on Ladbrokes Chief Executive Richard Glynn The Newspaper claims that a group of top-level shareholders of Ladbrokes are currently waiting on the publishing of the operators interim financial report . The Shareholders will than ask the board to remove Glynn from company operations. According to the Ladbrokes consensus forecast, revenues …

Ladbrokes yesterday launched the UK’s first dedicated TV advertisement in an effort to promote responsible gambling. Following on from last month’s ‘Ladbrokes Life’ campaign, which celebrates the characteristics of different betting customers, the bookmaker said this follows the introduction of the ABB code of player protection, new set limits software on machines and retraining of staff to include a greater …

One of the UK’s oldest and largest retail bookmakers has warned of potential shop closures and job losses in 2015, because of regulatory uncertainty and a 5% hike in Machine Games Duty (MGD). Speaking as Ladbrokes released its Q1 Interim Management Statement, Chief Executive Richard Glynn, said: “The unexpected recent tax increases and ongoing uncertainty surrounding regulation are unwelcome. We …