Ladbrokes and Coral to close 1000 shops

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campeones
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campeones

Ladbrokes and Coral to close 1000 shops
« on: February 06, 2019, 08:40:41 AM »

The Guardian revealed that GVC holdings is about to close 1000 Ladbrokes and Coral shops in the UK over the next 2 years. Redundancies will start this May and will go up to 5000 jobs.
These news follow WilliamHill decision to close 900 shops.
https://arbusers.com/index.php/topic,6241.0.html
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Wolfie
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Re: Ladbrokes and Coral to close 1000 shops
« Reply #1 on: February 06, 2019, 08:57:30 AM »

They see that online they have more profit and less costs. After some years i think sharbing will be dead.
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DPG
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Re: Ladbrokes and Coral to close 1000 shops
« Reply #2 on: February 06, 2019, 09:52:38 AM »

To be honest Ladcrooks and Coral are pathetic bookmakers and wouldn't be missed if they closed all their shops. Betdaq exchange was usable now and again before Ladcrooks took them over and now it is a ghost town with very little being matched even on Premier League match odds. Good riddance to bad rubbish.

Thank you.
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dealer wins
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Re: Ladbrokes and Coral to close 1000 shops
« Reply #3 on: February 06, 2019, 10:13:12 AM »

Im guessing down to the stake limits being introduced on the FOBTs. 

Never nice to see people lose their jobs, and the degenerative gamblers will find some other way of spunking up every last penny they have anyway.
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arbusers
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Re: Ladbrokes and Coral to close 1000 shops
« Reply #4 on: March 09, 2019, 07:01:12 AM »

There are reports that the CEO and the Chairman of GVC sold off the bulk of their stakes in GVC, resulting a double digit fall of the stock price. Investors are spooked to say the least from the vote of non confidence of the 2 heads.
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