|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||130.60 - 134.60|
|52-week range||130.60 - 134.60|
|PE ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
Floyd Mayweather's victory over Conor McGregor spared Ladbrokes Coral a "bloody nose", the bookmaker revealed today. The blockbuster Las Vegas bout last weekend became the firm's biggest betting ...
British betting company Ladbrokes Coral (LSE: LAD.L - news) Group reported a 7 percent rise in first-half operating profit on Thursday driven by strong trading online. The company was formed last year when Ladbrokes (Amsterdam: LB6.AS - news) joined forces with Coral in a $3.4 billion merger. Sources said last week that online gambling company GVC had recently discussed a takeover of the group but talks ended without a deal.
British online gambling company GVC Holdings (Frankfurt: 6GI.F - news) recently held talks about a takeover of bookmaker Ladbrokes Coral (LSE: LAD.L - news) but discussions ended without a deal, two sources familiar with the matter said. GVC's proposal valued Ladbrokes Coral at about 2.7 billion pounds ($3.47 billion), or approximately 140 pence per share, the sources said. GVC was also prepared to increase the value of the deal by approximately 50 pence a share to about 3.6 billion pounds if the results of an ongoing UK government review into gambling were favourable for the industry, the sources also said.
** British bookmaker Ladbrokes Coral down 2.4 pct after Credit Suisse downgrades to "Underperform" from "Neutral"; TP 110P from 133P ** CS analysts see more risk in Ladbrokes Coral ...
Britain's largest bookmaker Ladbrokes (Amsterdam: LB6.AS - news) Coral Group said it expected to find higher savings from last year's merger and reported a small increase in first-half group net revenue. The group, created by the merger of Ladbrokes and Gala Coral last year, increased its guidance for annual savings from the deal to 150 million pounds ($197 million) from 100 million pounds. Ladbrokes said first-half total operating profit is expected to be within the range of 153.3 to 158.3 million pounds and that it remained on course to meet expectations for the full year results.
** UK gambling companies William Hill, Ladbrokes down 2 pct as hung parliament could cause regulatory uncertainty to linger over sector, analysts write ** Gambling companies have been bracing for regulatory ...
The next government should give investors a bigger say on pay levels at listed companies to help restore public trust, according to the Institute of Directors (IoD). The organisation said it recognised that confidence in rewards had been low since the financial crisis, with many shareholder rebellions often resulting in no changes to pay policies. It suggested that if 30% of investors oppose a remuneration report at an annual meeting, the company should have another look and then allow shareholders a fresh vote.
** Bookmaker Ladbrokes Coral falls 3.2 pct with brokers citing weak UK performance for the move ** Reports in-line FY results but UK retail net revenue, that makes up the majority of the firm's business, ...
It made the Conservatives 1 to 5 to be the majority party. The opposition Labour Party is 7 to 1 to win the most seats and 12 to 1 to gain a majority of seats, according to Ladbrokes. British Prime Minister Theresa May called on Tuesday for an early election, saying it was the only way to guarantee political stability for years ahead as Britain negotiates its way out of the European Union.
British bookmaker Ladbrokes Coral Group defended betting terminals on Tuesday as speculation of a government crackdown on the profitable gambling machines sent its shares lower despite a 22 percent jump in annual operating profit. The company, created when Ladbrokes (Amsterdam: LB6.AS - news) joined forces with Coral in a $3.4 billion merger last year, said operating profit rose to 264 million pounds ($333 million), helped by growth in its digital and European retail businesses. Shares (Berlin: DI6.BE - news) in the company were down 1.7 percent at 133p by 1015 GMT, with attention shifting to a government review of fixed-odds betting terminals due by the end of May.
LONDON, Dec (Shanghai: 600875.SS - news) 8 (Reuters) - Britain should drastically reduce the limit on the amount of money gamblers can stake on fixed-odds-betting terminals to tackle problems in the industry, a committee of lawmakers said on Thursday. A fixed odds betting terminal is a touch screen machine found in betting shops that allows players to bet on the outcome of various games such as roulette with fixed odds. Shares (Berlin: DI6.BE - news) in bookmaker William Hill (Frankfurt: 633847 - news) and Ladbrokes Coral (LSE: LAD.L - news) were trading down 8.3 percent and 7.8 percent, respectively, after the lawmakers published their interim findings.