ladbrokes 

Company Information


Website                 www.ladbrokes.com
Full Review Yes
Software Playtech
Location Harrow, Middlesex, United Kingdom
 

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Ladbrokes shares up amidst talk of Paddy Power takeover

on . Posted in Ladbrokes

ladbrokes1Ladbrokes has experienced a sharp increase in its share price this week after rumours emerged of a possible takeover bid from rival bookmaker Paddy Power.

Ladbrokes ended trading yesterday (Thursday) with a share price of 125.5p, up from 122.3p at the start of the day.

The share price, which at one point yesterday surpassed 127p, has increased

...
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Boylesports reportedly negotiating for Ladbrokes Irish retail business

on . Posted in Ladbrokes

ladbrokes1Irish bookies Boylesports are reportedly negotiating a takeover of Ladbrokes’ struggling Irish retail business.

Last month, Ladbrokes announced it had received the High Court of Dublin’s okay to let examiner Ken Fenell of Deloitte oversee a restructuring of Lads’ Irish retail operations, which lost €5m in 2014. The plan included the c

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Another Ladbrokes senior management departure

on . Posted in Ladbrokes

ladbrokes1Various media report the imminent departure of Ladbrokes Group Commercial Officer, John Pettit.
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Ladbrokes confirms full launch of ‘Cash Out’ option

on . Posted in Ladbrokes

ladbrokes1Ladbrokes has announced it is to commence a full launch of its ‘Cash Out’ option after it experienced a successful trial period of the service.

The bookmaker first introduced the cash out option in April within its ‘My Accas’ product, allowing customers to cash out on accumulator bets.

More than 25,000 punters opted to use the cash out option

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Ladbrokes to title sponsor SPFL

on . Posted in Ladbrokes

ladbrokes1Ladbrokes has agreed a deal to become the new title sponsor of the Scottish Professional Football League (SPFL).

The deal will run for two years, from the 2015-16 season through to the end of the 2016-17 campaign.

Since its formation last June through a merger between the Scottish Premier League and the Scottish Football League, the SPFL, which

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Erskine to step down as Ladbrokes chairman

on . Posted in Ladbrokes

ladbrokes1Ladbrokes chairman Peter Erskine has announce his intention to step down from the role before the end of the year.

Erskine, who was first appointed to the position in 2009, will now work with the UK bookmaker’s board on a suitable transition to the new chairman.

John Kelly, senior non-executive director, will lead the search for a successor.

“Since b

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Ladbrokes Q1 hit by pre-tax profit drop, CEO review brought forward

on . Posted in Ladbrokes

ladbrokes1Ladbrokes quarterly pre-tax profits were down more than half on the previous quarter and new chief executive Jim Mullen has said he will bring forward his strategic review of the company to June as he seeks to address key issues affecting the UK's second largest bookmaker. 

The group's first quarter update this morning showed that group earnings

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Redundancies loom as Ladbrokes Ireland enters examinership

on . Posted in Ladbrokes

ladbrokes1Ladbrokes has effectively filed for bankruptcy protection for its Irish retail business as it looks to restructure the struggling division in order to keep it afloat, confirming that redundancies are inevitable. An examiner, the Irish equivalent of an administrator, will be tasked with reshaping the subsidiary, which the company says is “currently held back by real estate legacy issues.” The business has seen profits decline over several years, posting a loss after interest and tax of more than €5m in the company’s full-year results for 2014.
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Bagguley takes top digital role at Ladbrokes

on . Posted in Ladbrokes

ladbrokes1UK bookmaker Ladbrokes has confirmed the appointment of Andrew Bagguley as managing director of digital, the position recently vacated by chief executive officer Jim Mullen.

Bagguley first joined Ladbrokes in January last year and has been serving as the bookmaker’s director of mobile and devices.

He will now assume the title of managing director of

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Jim Mullen clarifies Ladbrokes position on 'business leaders letter'

on . Posted in Ladbrokes

ladbrokes1Newly appointed Ladbrokes chief executive Jim Mullen has issued a statement distancing himself and Ladbrokes from the letter signed by his predecessor Richard Glynn and other executives at some of the UK's biggest businesses stating their support for the Conservative party in the forthcoming general election.
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