Investors raise pressure on Ladbrokes chief

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kelpie
Posts: 341
Joined: Sun Dec 30, 2012 12:40 am

Interesting.

Quote: "...the performance of Ladbroke's digital business has been “beyond disappointing”, adding that online profits have tumbled from £63m to less than £14m during Mr Glynn’s tenure." (ie, since 2010)

A victory for mug punters!

Rather puts the purchase of betdaq in context. There are still many of us who can't connect a bookie dedicated to ripping off mug punters and the owner of an exchange...
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superfrank
Posts: 2762
Joined: Fri Aug 14, 2009 8:28 pm

kelpie wrote:There are still many of us who can't connect a bookie dedicated to ripping off mug punters and the owner of an exchange...
both exchanges are now owned by bookies.

I was part of a market research focus group for Ladbrokes a year or 2 ago run by their ad agency - 'waste of time as they dismissed anything slightly radical. The online betting marketplace is crowded and it doesn't surprise me that it's not the cash cow they all hoped it would be.
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