Tue 22 Jun 2010 Gala Coral, the bingo and betting shops firm, has completed a year-long restructuring that will see control pass from its private equity owners to four of its major mezzanine debt holders.
Fri 14 May 2010 Today’s earnings from bookmaker Ladbrokes were broadly in line with expectations, but analysts worry about the risk of increased gaming duty in the new government’s emergency budget.
Wed 21 Apr 2010 The £80m rebate from the tax man was an unexpected windfall that KBC Peel Hunt has not accounted for in its earnings forecast for bookie Ladbrokes.
Wed 21 Apr 2010 Bookmaker Ladbrokes said it expects to receive £80m from the UK tax authorities after reaching a settlement covering substantially all the outstanding items in the tax years through to December 2007.
Mon 12 Apr 2010 Ladbrokes has agreed to sell its Italian retail betting and gaming business to an affiliate of Italian gaming group Cogetech for about €5.25m in cash.
Thu 08 Apr 2010 Bookmaker Ladbrokes has gained a foothold in France with the launch of an online betting service in France in cooperation with the French TV station operator CANAL+.