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Category: Ladbrokes

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Ladbrokes still under scrutiny a year after blaming ‘online glitch’

• Bookmaker said all contacted and goodwill payments made• Two cases from 2018 claim they have yet to be paid outMore than a year after Ladbrokes claimed that a “glitch” in its online betting software had been addressed and customers affected had recei…

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Ladbrokes knew of problem with ‘cancelled’ bets, says former employee

• ‘There was meeting after meeting saying, what can we do?’• Bets were shown as accepted but had been rejectedA former employee of Ladbrokes has told The Guardian that the company was aware for several months of an issue with its software systems that …

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Ladbrokes owner proposes ban on gambling ads linked to sport

GVC to end sponsorship deals that promote its brands on football shirts or pitchside The owner of Ladbrokes, GVC, the UK’s largest gambling company, has broken ranks with the rest of the industry by announcing a series of proposals to protect problem g…

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Ladbrokes staff told to sign gamblers to online accounts to avoid redundancy

Bookmaker to close 1,000 of its 3,500 shops with redundancies decided by ranking systemBookmaker Ladbrokes Coral is telling shop staff to sign up as many gamblers as possible to online accounts if they want to avoid being among 5,000 employees it plans…

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Fresh claims throw doubt over Ladbrokes’ ‘cancelled’ bet settlements

• Guardian highlighted problem with procedures in November• ‘Tens of thousands of pounds are still at stake,’ says FairheadLadbrokes’ recent claim that all customers affected by a long-standing software “glitch” had been contacted and, in many cases, p…

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Fresh claims throw doubt over Ladbrokes’ ‘cancelled’ bet settlements

• Guardian highlighted problem with procedures in November• ‘Tens of thousands of pounds are still at stake,’ says FairheadLadbrokes’ recent claim that all customers affected by a long-standing software “glitch” had been contacted and, in many cases, p…

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Ladbrokes pay punters after technical ‘glitch’ cancelled winning bets

• Bookmaker declines to confirm how many clients affected• ‘Goodwill’ payments made to unknown number of customersLadbrokes admitted on Monday that a long-standing “technical glitch” in its software for processing online bets may have led customers “to…

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Ladbrokes wooed problem gambler – then paid victims £1m

Exclusive: bookmaker agreed to payments in return for a pledge not to inform watchdogOne of Britain’s biggest bookmakers agreed to pay £1m to the victims of a problem gambler who had stolen the money he was using to bet, in return for a pledge not to i…

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UK betting firms back live sports advertising ban

Online gambling firms such as Bet365, William Hill and Ladbrokes agree ban amid fears of impact on children Online gambling companies have agreed to a voluntary “whistle-to-whistle” ban on advertising during live sports, in an effort to address concern…

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Ladbrokes pays out in full ‘cancelled bet’ after punter threatens to sue

• Bet included £150 on Horseplay, a 7-1 winner at Haydock• Ladbrokes refuses to discuss ‘a named customer’s account’Ladbrokes’ procedures for accepting and rejecting online bets came under further scrutiny on Thursday when it emerged the firm recently …

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A £2 maximum stake for betting-shop machines will be boost for racing

Bookmakers describe the scenario as ‘catastrophic’ but the sport is wrong to fear the impact if the government imposes major restrictions on fixed-odds betting terminalsThe Racing Post was unambiguous in its front-page headline last Monday, the day aft…

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Ladbrokes condemned for tweet about darts presenter who has Parkinson’s

• Bookmaker apologise for tweet after it caused uproar on social media• Dave Clark anchors Sky Sports coverage of Alexandra Palace eventThe bookmaker Ladbrokes has been condemned for its tweet mocking the Sky Sports presenter Dave Clark, who has Parkin…

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Burnley demand explanation from Ladbrokes after sponsor taunts players

• Official Ladbrokes account tweeted middle-finger emoji at Burnley players
• Ladbrokes signed up as Burnley’s official UK betting partner in August

Burnley are seeking an explanation from their official betting partner Ladbrokes after the firm tweeted an offensive emoji aimed at players Chris Wood and Charlie Taylor.

Ladbrokes, who are the club’s “official UK betting partner” and sponsor the Cricket Field Stand at Turf Moor, sent the message in the wake of Burnley’s loss to Leeds United in the Carabao Cup on Tuesday.

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Horse racing and betting industries representatives pledge to work together

• Key figures respond to government’s weekend levy announcement
• Ladbrokes PR director sounds conciliatory note over future plans

Representatives of horse racing and betting have suggested the two industries must make renewed efforts at working together, following the government’s decision about a levy replacement scheme, announced on Saturday. The sports minister, Tracey Crouch, ruled that betting operators should pay 10% of their gross racing profits to the sport, which will bring to an end the hotly debated Authorised Betting Partners initiative and leave the two sides with significantly less scope for dispute.

Racing officials expect the new regime will increase the sport’s income by as much as £30m per year on recent years, now that online betting with offshore firms is to be captured. But they hope the benefit may outstrip even such an impressive figure by restoring certainty of income, allowing for planned, long-term investment and instilling confidence in potential investors.

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Hennessy announce end for sponsorship of famous Newbury race

• The 60th Hennessy Gold Cup won by Native River 10 days ago will be last
• Speculation centres on Ladbrokes as the expected successor backer

Hennessy has confirmed that it will no longer sponsor the Newbury race which bears its name and which has become such a familiar landmark in each jumps season. The 60th Hennessy Gold Cup, won by Native River just 10 days ago, will be the last, as was widely predicted, bringing to an end one of the longest running sponsorships in all of sport.

Speculation continues to centre on Ladbrokes as the expected successor sponsor for the race, a handicap chase over three and a quarter miles. That would be a controversial deal, since Ladbrokes is not an authorised betting partner under the terms of racing’s year-old policy and racecourses are not supposed to sign new deals with non-ABP firms.

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Bookmakers in fear of Willie Mullins’s 25-1 Cheltenham Festival four-timer

• Annie Power’s fall in 2015 saved bookmaking industry a £50m payout
• Laying trainer’s four-timer ‘like trying to stop a moving train’

Britain’s bookmakers fear that they will be “trying to stop a moving train” on the first afternoon of the Cheltenham Festival on Tuesday, when victory for four favourites from the Willie Mullins stable could trigger a payout to match or exceed their £40m loss in September 1996, when Frankie Dettori rode all seven winners on the card at Ascot.

The bookies peered over the same precipice last year, when Mullins saddled three winners on the opening card only for Annie Power, the 1-2 favourite, to fall at the final flight when apparently certain to win.

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Ryanair replace Ladbrokes as sponsors of Cheltenham Festival World Hurdle

• Bookmakers hit out after failing to come to agreement with track
• Racecourse need new firm to run betting shops for key week of year

Ladbrokes will be shut out of sponsoring at next month’s Cheltenham Festival after 10 years as backers of the World Hurdle, it was announced on Thursday. The news amounts to a hardening of positions in the continuing row about what share of their profits bookmakers should be paying to racing, as it is Ladbrokes’ failure to agree a funding deal with the sport’s ruling body that has led to their being ousted from Cheltenham.

Related: Racing and bookmakers sponsorship spat just start of a long fight

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World Hurdle still without sponsor as Ladbrokes remains outside ABP tent

• Official says no deal can be done unless Ladbrokes signs up for ABP status
• World Hurdle is the feature race on day three of the Cheltenham festival

The Cheltenham Festival has become a crunch event in the life of the new Authorised Betting Partner policy adopted by horse racing. With two months remaining before jump racing’s biggest week the World Hurdle is technically unsponsored and its usual backer, Ladbrokes, remains outside the ABP tent.

Ladbrokes has sponsored the race, the feature contest on the Festival’s third day, for the past 10 years. Its deal has been renewed annually and both sides hope that it may be renewed once more.

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Coral and Ladrokes merger result of adapt-or-die phase of digital age

Punters’ brand loyalty to betting giants is no longer significant in the wake of the retail revolution

The obvious place to start when considering the news that Ladbrokes and Coral, two of Britain’s biggest bookmaking businesses, are in merger talks is the form book. And at first glance, even if the two sides can thrash out a deal, the chance that it will get past the competition regulators appears to be about 33-1 against.

It is 17 years since Peter Mandelson, then the secretary of state for trade and industry, accepted the “unanimous conclusions” of the Monopolies and Mergers Commission that Ladbrokes’ proposed takeover over of Coral “would damage competition and disadvantage punters”. Then, Ladbrokes had around 1,900 betting shops, while Coral had about 830, though the deal would also have seen 130 shops sold to what was then the state-owned Tote. When the smoke cleared, Ladbrokes, with 2,600 shops, and William Hill, with 1,500, would have controlled about 52% of Britain’s cash-betting market between them and that, Mandelson decided, to general approval from racing and punters alike, was much too much.

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Ladbrokes and Coral in talks to create UK’s biggest bookmaker

Merger talks would form bookmaker with more than 4,000 shops and extra scale to compete online

Ladbrokes and Gala Coral are in merger talks to create Britain’s largest bookmaker by number of betting shops.

The talks, which are at an early stage, would give the combined company more than 4,000 shops and make it a bigger player in the increasingly important online market. William Hill has the most shops now with almost 2,400.

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