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Ladbrokes Chairman stepping down after 8 years

The chairman for the last 8 years of UK gambling group Ladbrokes, Sir Ian Robinson, is to step down from the position following the company’s 2009 AGM on 15th May 2009.  He will be replaced by Peter Erskine, formerly chief executive of mobile provider O2. Erskine will join the board of Ladbrokes as a non-executive director on January 1 2009.
 
Ladbrokes chief executive, Christopher Bell, said: “Peter Erskine's extensive international marketing background and experience of building brand-led businesses will be a big plus for the company. He was responsible for the transformation of O2 plc - the ex BT wireless business - into a leading provider of mobile services in Europe and helped create considerable shareholder value.”
 
Robinson's chairmanship saw annual gross win more than double to GBP 1.3 billion in 2007, with the company expanding into Italy and Spain and on the internet.
 
His successor became chief executive of O2 in 2001 and, since the company’s GBP 18 billion takeover by Telefonica in 2005, has served on the board of the Spanish telecoms operator, most recently as a non-executive. He has previously worked for BT, O2's former owner, Mars and Unitel.
 
Over the past few years, Ladbrokes has accelerated its push into online gaming.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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