The UK Gambling Commission (UKGC) is said to be considering launching an investigation into Ladbrokes’ data protection measures after information about people suffering from gambling addiction was found in a bin bag outside one of the bookmaker’s betting shops in Scotland. According to The Guardian, the information was discovered by a passer-by near to a Ladbrokes branch in Glasgow. The data included the names, photos and addresses of people who have opted in to the ‘Moses’ self-exclusion scheme to suspend themselves from gambling, but did not include other critical information such as bank account numbers and betting history. Tim Miller,…

Ian Bull, chief financial officer of Ladbrokes, has opted to sell his stake in the UK bookmaker ahead of its proposed merger with rival gambling operator Gala Coral. As reported by iGaming Business, Ladbrokes and Gala Coral last month stated they were closing in on a deal that will lead to the creation of a business worth approximately £2.3 billion (€3.4 billion/$3.6 billion). Although the deal is yet to be finalised, global investment banking firm Jefferies last week warned of the potential challenges that the merger could create. Jefferies’ suggestion that Coral is “not a perfect fit” to help Ladbrokes…

Ladbrokes has announced the completion of its proposed merger with rival operator Gala Coral, in a deal that will lead to the creation of a business worth approximately £2.3 billion (€3.2 billion/$3.6 billion). Both businesses expect the newly branded ‘Ladbrokes Coral’ operation to boast net revenue of £2.1 billion as well as earnings before interest, tax, depreciation and amortisation of £392 million, excluding cost synergies of at lest £65 million. Under the merger agreement, Ladbrokes will issue new ordinary shares to the existing shareholders of Gala Coral representing 48.25% of the new combined entity, while existing Ladbrokes shareholders will own…

Ladbrokes has announced that it has halted operations in Denmark as of July 7 and will leave the Danish gambling market. The bookmaker confirmed the news in a statement on the Danish version of its website, informing Danish players that they have until July 31 to withdraw any remaining funds from their accounts. The website has already stopped accepting new customers and will no longer process any new bets. Although Ladbrokes did not confirm in the statement the reasons behind its exit from Denmark, various reports have suggested that the bookmaker had not been reaching its profit targets in the…

Top gambling operators William Hill and Ladbrokes are about to be under investigation by the Australian Federal Police due to allegations of both companies breaking local gambling laws. According to reports first revealed by The Australian, the two companies may be facing multi-million dollar fines if they are found guilty of breaching specific gaming laws. It is believed that both companies has breached the ban in place for live betting in Australia. Last month, allegations of both firms taking bets online surfaced. The companies were reportedly allowing customers to keep their microphone on at the computer to try and stay…

Ladbrokes has opted to delay a planned business review presentation due to the ongoing talks over a possible merger with rival operator Gala Coral. As reported by iGaming Business, both parties confirmed last week that they had begun discussions over the possibility of merging to form a larger operation. The proposed deal would involve Ladbrokes and Gala Coral-operated Coral Retail, Eurobet Retail and the company’s online business. Ladbrokes was due to make a business review presentation of its own tomorrow (Tuesday), but has now opted to defer this until further notice. Upon announcing the delay, the bookmaker also confirmed that…