US casino operator MGM ends its £8bn bid for Ladbrokes owner Entain

US casino operator MGM ends its £8bn bid for Ladbrokes and Coral owner Entain By Daily Mail City & Finance Reporter Published: 22:55 GMT, 19 January 2021 | Updated: 22:55 GMT, 19 January 2021 Shares in Ladbrokes and Coral owner Entain slid after its US suitor backed away from a bid. The betting giant had … Read more

Bookie Ladbrokes at MGM’s mercy as boss quits

MGM’s hopes of deal for Ladbrokes-owner Entain a step closer after Shay Segev quits UK gambling firm By Daily Mail City & Finance Reporter Published: 22:17 GMT, 11 January 2021 | Updated: 22:17 GMT, 11 January 2021 MGM’s hopes of securing a deal for Ladbrokes-owner Entain moved a step closer after Shay Segev quit as … Read more

Meet the billionaire behind the £8bn bid for Ladbrokes

Meet the billionaire behind the £8bn bid for Ladbrokes: He’s a close ally of Murdoch and married to fashion designer Diane von Furstenberg By Mark Shapland For The Daily Mail Published: 21:53 GMT, 6 January 2021 | Updated: 21:53 GMT, 6 January 2021 Ladbrokes owner Entain may have this week turned down an £8billion bid … Read more

Ladbrokes shares soar on US casino giant MGM Resorts’ £8bn bid

Ladbrokes shares soar on £8bn bid: Swoop by US casino giant MGM Resorts is snubbed as investors bet on higher offer By Lucy White For The Daily Mail Published: 21:52 GMT, 4 January 2021 | Updated: 21:52 GMT, 4 January 2021 Shares in Ladbrokes’s owner surged after it revealed it had received an £8.1billion takeover … Read more

Paddy Power signed deal entitling woman to fortune for helping poach betting addict from Ladbroke’s

Hairdresser’s ‘£86k reward for luring a gambler from rival bookie’: Paddy Power signed deal entitling woman to a fortune for helping to poach betting addict from Ladbroke’s, court papers reveal Paddy Power hired Ericka Carroll as ‘VIP introducer’ to encourage high rollers Husband Tony encouraged Antonio Parente to start betting with Paddy Power It was … Read more

Prolific gambler, who wagered £400,000 a WEEK and had hotline to bookies’ sues Ladbrokes for £3.3m

Prolific gambler, 57, who wagered £400,000 a WEEK and had hotline to bookies’ sues Ladbrokes for £3.3m claiming his bets were illegal because he placed them from Spain  Gambler Terry Allan, 57, was betting around £400,000 a week, between 2014-2018 He even had his own dedicated telephone line to a betting shop in Aberdeen  He claims his … Read more

Ladbrokes faces EU inquiry into Belgium virtual betting operation

Ladbrokes faces EU inquiry into its right to operate virtual betting in Belgium By Daily Mail City & Finance Reporter Published: 21:51 BST, 2 September 2020 | Updated: 21:51 BST, 2 September 2020 Ladbrokes has been granted the right to operate virtual betting in Belgium European competition authorities have launched an investigation into the right … Read more

Ladbrokes boss sitting on £6.5m windfall after exploiting bonus scheme

New Ladbrokes boss exploits bonus scheme to make a potential £6.5m profit in his first month on the job By Tom Witherow For The Daily Mail Published: 21:51 BST, 17 August 2020 | Updated: 21:51 BST, 17 August 2020 Windfall: Shay Segev took over at the owner of Ladbrokes Coral from Kenny Alexander last month … Read more

Ladbrokes owner refuses to hand back furlough millions 

Ladbrokes owner refuses to hand back furlough millions despite cashing in on an online gambling boom By Matt Oliver For The Daily Mail Published: 21:51 BST, 13 August 2020 | Updated: 21:51 BST, 13 August 2020 Ladbrokes owner GVC is refusing to hand back money it took to furlough staff, despite cashing in on an … Read more

Ladbrokes owner axes dividend after profits flatline

Ladbrokes Coral owner axes dividend after closed shops and cancelled sports events leave profits flat Bingo games such as Gala Bingo and Foxy Bingo grew strongly in popularity  New chief executive Shay Segev took over from Kenny Alexander last month  GVC Holdings predicts the year’s underlying earnings will be £720m to £740m By Harry Wise … Read more