From a25abdc7703130043432db84bd1569587ee9ea75 Mon Sep 17 00:00:00 2001 From: fernkirke37356 Date: Mon, 22 Sep 2025 13:17:36 +0000 Subject: [PATCH] Add Ladbrokes Suffers Worst Cheltenham Festival In Memory --- ...ers-Worst-Cheltenham-Festival-In-Memory.md | 20 +++++++++++++++++++ 1 file changed, 20 insertions(+) create mode 100644 Ladbrokes-Suffers-Worst-Cheltenham-Festival-In-Memory.md diff --git a/Ladbrokes-Suffers-Worst-Cheltenham-Festival-In-Memory.md b/Ladbrokes-Suffers-Worst-Cheltenham-Festival-In-Memory.md new file mode 100644 index 0000000..e20e2b1 --- /dev/null +++ b/Ladbrokes-Suffers-Worst-Cheltenham-Festival-In-Memory.md @@ -0,0 +1,20 @@ +
Ladbrokes suffers worst Cheltenham [Festival](https://englishlearning.ketnooi.com/@yjsdarlene411?page=about) in memory
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21 April 2016
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Bookmaker Ladbrokes has actually said [this promotion code](https://git.deadpoo.net/tillygentle17) year's Cheltenham [Festival](https://lesla.com/@bellahillard93) was its "worst in living memory".
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All [bookmakers](https://musiccosign.com/opal6409858687) were hit by a string of favourites winning at the celebration, but Ladbrokes likewise argued that competitors were providing bets at levels that did not make [service sense](https://git.esc-plus.com/lonnieromo7403).
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[Ladbrokes](https://englishlearning.ketnooi.com/@alvatisdale360?page=about) likewise [verified](https://git.pasarex.com/lanretzlaff651) that it has a ₤ 3m liability if Leicester City win the Premier League.
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Despite [this promotion code](https://www.kornerspot.com/@dominikrowell3), the stated it had actually seen an [encouraging start](https://video.buzzsharer.com/@wdtalbert94952?page=about) to the year.
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Revenue was more than 10% higher.
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[Chief executive](https://x.com/YohaigNG/status/1845872747924123782) [Jim Mullen](https://www.lizyum.com/@eunicestrother) said: "At Cheltenham we were reminded of the extreme competitors with offers and prices at levels which, in our view, deserted bookmaking principles.
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"We completed hard but refused to pursue unsustainable [methods](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR)."
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He told the BBC gaming was for his customers, not his business: "I've always said we're in the gaming company, we don't gamble ... I believed Cheltenham was a race to the bottom."
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The business said the Grand National winner, Rule The World, which was a 33/1 shot, delivered a [bet9ja's welcome offer](https://demo.playtubescript.com/@beverlykellogg?page=about) contrast to Cheltenham.
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Ladbrokes said it was "confident" that its results would be in line with expectations.
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'Recreational punter'
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In 2015 Ladbrokes revealed plans to merge with its smaller sized competitor, Coral.
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UK competitors authorities are presently taking a look at [the yohaig code](https://hwekimchi.gabia.io/bbs/board.php?bo_table=free&tbl=&wr_id=1073304) [bet9ja's welcome offer](https://www.lizyum.com/@blanchediamond).
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Steve Clayton, analyst at Hargreaves Lansdown stockbrokers, said the most recent trading statement from Ladbrokes was encouraging, but the genuine concern was whether the merger with Coral would be enabled: "A [merged Ladbrokes](https://islamichistory.tv/@roxanaseyler64?page=about) and Coral will have a dominant retail position, even if many stores have actually to be [offered](https://www.cupidhive.com/@maribel1052625) off.
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"We anticipate considerable cost conserving will be possible because there will be vast areas of overlap and unnecessary duplication of functions throughout the combined organization."
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Ladbrokes is pursuing a different [technique](http://git.chilidoginteractive.com3000/alanabevington) to that of its rivals by focussing on client service and the [periodic](https://aiviu.app/@annoconnell082?page=about) punter, who will not always hunt for the [finest odds](https://quickdatescript.com/@christydillon0).
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Mr Clayton said: "The bookie's technique is to concentrate on the 'leisure punter', in other words the still soft and malleable, unhardened gamblers out there.
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"These individuals do not know what the best odds should be, so it is [simpler](https://quickdatescript.com/@jennyuzp295197) to build a [fat win](https://musiccosign.com/vancedimarco5) margin into the bookie's terms."
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