Tag: Bookmakers



Property Write Down leads to £51 million Loss for Ladbrokes

Posted on 11 August, 2015 by Kirsten Kennedy under Business News

As High Street bookmaker chains continue to struggle against rising gambling taxes and gaming machine duty, Ladbrokes has confirmed that the gap between itself and sector leader William Hill has widened further during the first half of the calendar year.... Read More

Ladbrokes and Coral enter Merger Talks

Posted on 24 June, 2015 by Kirsten Kennedy under Business News

It has emerged today that Ladbrokes has entered into merger talks with the Gala-owned Coral Group, which, should it go ahead, would create the largest bookmaker currently operating in the UK. Although the talks would not affect Gala’s 132 bingo... Read More

Ladbrokes to close 60 Shops as ‘Regulatory Headwinds’ send a Chill through Sector

Posted on 27 February, 2015 by Kirsten Kennedy under Business News

During the recession bookmakers were one of the few high street success stories, preventing shop occupancy levels falling even further.  Subsequently local authorities have sought to use planning regulations to halt their proliferation amid fears over... Read More

William Hill plots Australian Expansion

Posted on 6 August, 2013 by Kirsten Kennedy under Business News

Bookmakers have fully taken advantage of wide-scale high street vacancies in order to rapidly expand in the years since the recession took hold. However, following a hugely successful year, popular chain William Hill has decided to set its sights further... Read More

Ladbrokes to Open a Further 100 Properties This Year

Posted on 26 February, 2013 by Kirsten Kennedy under Business News

Following the release of the Portas Review concern was expressed in some quarters about the number of bookmakers monopolising town centre properties. In fact, it was found that many high streets now contain a number of different chains in which people may... Read More

Bookie Paddy Power Odds On to Expand

Posted on 20 November, 2012 by Kirsten Kennedy under Business News

The face of the high street has changed greatly in recent years, as traditional retail chains abandon it for out of town shopping centres and the internet. In their places bookmakers, pawn shops and discount stores have sprung up – all three which have... Read More