Ladbrokes Coral

  • Gambling adverts are ‘out of control’ and should be banned before the 9pm watershed, says Ladbrokes boss

    Kenny Alexander, chief executive GVC Holdings – the owners of Ladbrokes Coral – is set to call for a ban on gambling adverts before the 9pm watershed at a parliamentary launch this week. Ladbrokes boss calls for gambling advertisement ban before 9pm watershed Kenny Alexander said amount of ads...
  • Final Hurdle Cleared For Ladbrokes Coral GVC Deal

    The Competition and Markets Authority (CMA) has given the green light to the Ladbrokes Coral GVC deal after the competitions watchdog said “the deal does not give rise to competition concerns”. It added that they are not close rivals and there are many other providers of betting and gaming...
  • Ladbrokes Coral could lose 1,600 jobs after Foxy Bingo takeover

    The takeover of Ladbrokes Coral by GVC, the Isle of Man-based firm behind Foxy Bingo, could trigger up to 1,600 job losses, the companies said, as they published fresh details of a deal worth up to £3.9bn. Online casino company GVC and bookmaker Ladbrokes said up to 6% of their combined 26,800 workforce...
  • GVC and Ladbrokes Coral: David gambles on Goliath

      Nils Pratley on finance | Business Ladbrokes Coral’s bosses will try to sound cheerful about the prospect of being taken over by GVC Holdings, the company behind Sportingbet and Foxy Bingo. But, on the long view, this deal would be a corporate humiliation. Ladbrokes is one of the oldest names in...
  • Ladbrokes Coral hit by £2.3m penalty over rogue bets

    Ladbrokes Coral has been ordered to pay £2.3m by the gambling regulator for failing to intervene after two problem gamblers lost £1.3m of stolen money on its casino website. Days after a government review warned online gambling firms to tighten up controls or face tougher legislation, the Gambling Commission said it found “significant...
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