Ladbrokes Plc
Ladbrokes Plc is listed on the London Stock Exchange (LAD), the company was demerged from the Hilton Hotel Corporation on 23rd February 2006.
Ladbrokes owns over 2000 high street Ladbrokes betting shops being the UK and Irelands
largest off track bookmaker. It is also one of the world largest telephone
betting operators.
Ladbrokes has online presence
with Ladbrokes
Sportsbook, Ladbrokes Casino, Ladrokes
Poker Room, Poker Million,
Ladbrokes Games, and a joint ventures with Playboy Sportsbook and Playboy
Casino.
Ladbrokes Plc Share Price
Ladbrokes Sportsbook is powered by Orbis Technology
Ladbrokes Casino is powered
by Microgaming software,
Ladbrokes Poker Room is an Independant Poker Room .
All of these are lisenced in Gibralter.
Ladbrokes Sportsbook, Poker Room and Casino all accept Neteller, which is owned
by Neteller Plc (NET) as a depositing and withdrawal option for non US Citizens.
Some of Microgaming Credit Card Transactions are processed by Proc Cyber a
division of Datacash Group Plc (DAT)
Ladbrokes Plc Company News
16th May 2008
In an Interim Management statement Ladbrokes said that profits for the first
four months of 2008 had increased by 13%, but High Roller telephone profits had
recently fallen.
28th February 2008
Announced results to year ending 31st December 2007
Turnover 1,235m (2006 947m) Profit
up 60.2% to £420.0
million (2006 £262.2 million). Earnings per share
47.4 pence (2006 21.7 pence).
Dividend
of 9.05 pence per share (up 5.2%). Profit was helped by a
buoyant performance from Telephone
Betting
7th February 2008
Acquired Eastwood Bookmakers, Northern Ireland’s largest bookmaker, for a
consideration of £117.5 million. The
acquisition of the 54 Eastwood shops
will take Ladbrokes to 70 shops in Northern Ireland and makes Ladbrokes
the biggest bookmaker in Northern Ireland. With shops in each province
Antrim, Armargh, Derry, Dwon, Fermanagh and Tyrone
2nd January 2008
Announced a joint venture with Alphameric to host Turf Tv in each
of its 2,000 betting shops . The contract will run for five years. Coral
announced a similar deal last week, Betfred and William Hill are yet to sign.
15th November 2007
In a trading update Ladbrokes said Profit from continuing operations for
the four months ended 31 October 2007 increased by 84% reflecting
continued contribution from Telephone High Rollers, which significantly offset a
below target performance in the UK Retail business. Profit excluding High
Rollers and the cost of the recent TV advertising campaign decreased by
12%.
7th November 2007
Ladbrokes sells its Vernons football pools business to Sportech (SPO) for £51
Million, £45
million will
be payable on completion and a further £3 million in each of the two years
following completion.
4th August 2007
Announced half year results to 30th June 2007
Boosted by High roller telephone accounts and a lower tax charge
Turnover increased to 601milion (2006 502 million), profit decreased to 156
million (2006 159 million), Earnings per share increased to 20.9p (2006 10.7p),
Dividend increased to 4.85p (2006 4.60p)
On 22nd January 2007 Ladbrokes announced it had acquired Sponsio Ltd a previous
betting and gaming partner in Sweden, Norway, Denmark and Finland. The
acquisition will strengthen Ladbrokes position in Scandinavia where per capita
spend on online gaming market is amongst the highest in Europe. There will
be initial
consideration of £36 million for Sportio Ltd and an additional £4
million dependant on future profits.
On 8th January 2007 Ladbrokes signed a joint venture with Circa Slot a leading
player in the Spanish slot machine market. Ladbrokes together with Circa Slot
will apply for new betting licences in Madrid in dedicated betting shops, kiosks
and remote betting, which will give Ladbrokes a massive presence in Spain
Ladbrokes announced on 24th August 2006 a Joint venture in Italy. Ladbrokes has
secured a joint venture with Italian bookmaker Pianetta Scommesse. The move is
the first step in a planned £100 million investment in Italy over the next five
years, to establish high street shops, non dedicated outlets, Internet and
telephone operations. Ladbrkes will secure a 51% stake in the venture for a
consideration of 1.3 Million EURO to be paid in stages to Controlle Pianneta
Scommesse Italia. Which will secure Ladbrokes as an accredited provider of
betting shop services in Italy.
On 10 July 2006 Ladbrokes announced the opening of its land based Casino The
Ladbrokes Casino and Sports Bar at the London Paddington Hilton after a £5
million development.