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Ladbrokes Board Changes

BOARD CHANGES AT LADBROKES

In anticipation of transition to Ladbrokes Coral merged business.

Ladbrokes announced changes to various non-executive director positions Wednesday as the company prepares to transition to Ladbrokes Coral.

Mark Clare was appointed Senior Independent Director (SID) and Chairman of the Social Responsibility Committee and Stevie Spring as Independent Non-Executive Director and Chairman of the Remuneration Committee, with immediate effect.

The appointments were made under the terms of the merger agreement between Ladbrokes and Coral which detailed the assignment of new non-executives and a SID that had not been part of either the Ladbrokes or Coral Board prior to the announcement of the transaction.

Current Non-Executive Directors of Ladbrokes plc, Sly Bailey and David Martin, have stepped down from the Ladbrokes Board with immediate effect.

Following these changes to the Board, Mark Pain was appointed a member of the Remuneration Committee, Mark Clare was appointed a member of the Nomination Committee and Remuneration Committee and Stevie Spring was appointed a member of the Audit Committee, Nomination Committee and Social Responsibility Committee.

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Gambling News :

Malta Gaming Authority's half-year 2016 report - There are 490 gaming license in issue and 257 gaming companies in operation....in the first six months of 2014, those figures were 414 and 271 respectively;

Macau ATM Transaction Limit Lowered - The Monetary Authority of Macau moved quickly Friday to quell market concern caused by a newspaper report late Thursday that it was about to slash ATM limits in half .

Vegas Mobile Casino Gets Live Dealer Games - Vegas Mobile Casino has partnered with Swedish online gambling game developer NetEnt, which has supplied a new live dealer offering that includes desktop Blackjack and desktop and mobile Roulette.

Cosmic Crystals SLot Launches - 1X2 Gaming's latest online slot titled Cosmic Crystals is a 5 reel, 50 pay-line game with a futuristic outer space feel, gems galore, and features that include a sticky Wild reel, re-triggering Free Spins, Scatters and a claimed 95 percent RTP.

Playtech Live launches dedicated live roulette room - Playtech's live dealer arm, Playtech Live has launched a dedicated live roulette room operating from a fully custom-built studio bursting with colorful Christmas decorations.

Australian Open To Dunp Gambling Ads - Court-side advertisements, which have been criticized as promoting gambling and thereby contributing indirectly to the specter of match-fixing, are to be discontinued in 2017 from the Australian Open tennis championships, Tennis Australia has confirmed.

Olympique Lyonnais In Sponsorship Deal With FDJ - The agreement allows FDJ to introduce its ParionsSport betting terminals in the Parc OL stadium, and the promotion by the club of its website of the same name

BaFin CrackDown on Spread Betting - The UK Financial Conduct Authority's crackdown on financial and stocks spread betting via contracts for difference has been followed by similar moves in Germany, where the financial regulator BaFin announced similar new restrictions Thursday.

How is the CDC Group Spending its Money - Questions are being asked about how the UK government's private equity arm, the CDC Group plc (formerly the Commonwealth Development Corporation) spends the billions it is allocated to alleviate international poverty, The Guardian newspaper reported Friday.

Voodoo Slot Released - The Prague-based online gambling games developer Endorphina is going against the trend of Christmassy-themed offerings at this time of the year, instead going for the popular horror genre in its new slot Voodoo, released to operators today (Friday).

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