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

Ladbrokes chiefs hit jackpot…as YOU pay wage bill

Ladbrokes Coral owner GVC sparks backlash after it hands top bosses share bonuses despite furloughing all 14,000 staff at its betting shops By Jamie Nimmo, Financial Mail On Sunday Published: 21:53 BST, 13 June 2020 | Updated: 21:53 BST, 13 June 2020 Ladbrokes Coral owner GVC has sparked a backlash after it handed top bosses … Read more

Ladbrokes owner GVC hails ‘excellent’ trading

Ladbrokes owner GVC hails ‘excellent’ trading as booming online business outweighs hit from crackdown on betting terminals Betting giant thrives despite regulation on fixed-odds betting terminals (FOBTs) UK retail like-for-like revenues dived 12 per cent over the year as a result GVC Holdings said it benefited from ‘strong’ online growth in the fourth quarter By Sara … Read more

Boss of Ladbrokes owner GVC Kenny Alexander refuses to take a pay cut

Boss of Ladbrokes owner GVC hangs on to his £860k salary, after refusing to take a pay cut By Daily Mail City & Finance Reporter Published: 21:50 BST, 6 April 2020 | Updated: 22:22 BST, 6 April 2020 Gambling with his reputation: GVC boss Kenny Alexander has refused to take a pay cut GVC’S boss … Read more

FTSE LIVE: Ladbrokes owner hails ‘excellent’ year; Gym Group posts healthy revenue

FTSE CLOSE: Retail sales slide again; Ladbrokes owner hails ‘excellent’ year; Gym Group posts healthy revenue growth By This Is Money Published: 08:13 GMT, 17 January 2020 | Updated: 17:10 GMT, 17 January 2020   The FTSE 100 closed up 64.75 points at 7674.56 and the pound was at $1.30 against the dollar. In the … Read more

Owners of bookies Ladbrokes and Coral made £1.5m profit per day

Owners of bookies Ladbrokes and Coral made £1.5m profit per day last year as online business booms By Daily Mail City & Finance Reporter Published: 21:50 GMT, 5 March 2020 | Updated: 21:50 GMT, 5 March 2020 The owners of Ladbrokes and Coral made £1.5million profit per day as its online business boomed. GVC posted … Read more