Ladbrokes announces succession of chairmen five months ahead of changeover
Sir Ian Robinson is to step down as chairman of Ladbrokes after the company’s 2009 Annual General Meeting on May 15, 2009. He will be replaced by the former O2 Chief Executive Peter Erskine.
Since Robinson’s appointment in 2001 Ladbrokes has achieved a significant increase in gross win from £500m in 2000 to £1.3bn in 2007 [...]
Mobile gaming tipped for biggest growth in 2009 new report claims
A new report predicts tips mobile gambling to be the major growth area for gaming services in 2009. Juniper Research expects total wagers via mobile phones will more than double to over $3.6bn (£2.4bn) even though spending on mobile TV and games will be adversely impacted by the global economic downturn.
Report author Dr Windsor Holden [...]
Revenue rise fails to halt casino groups’ share slides
By IAN EVANS
Macau’s first increase in gaming revenues for three months, reported yesterday, failed to lift the gloom and shares in Las Vegas-based casino operators with resorts there fell after the news. The better than expected 3% rise followed a 3% fall in October and a 1% drop in September.
The “winner” in terms of smallest [...]