Ladbrokes' profit slump puts pressure on chief executive

Turn around Ladbrokes by August or face the axe - that’s what shareholders have told betting boss Richard Glynn in the wake of disappointing financial results.

25th February, 2014
Ladbrokes' profits fall 66 per cent.

Turn around Ladbrokes by August or face the axe - that’s what shareholders have told betting boss Richard Glynn in the wake of disappointing financial results.

The Ladbrokes chief executive Richard Glynn has until the summer to show sufficient progress has been made in the online division or he faces losing his job, the Telegraph newspaper reported. Britain’s second biggest bookmakers saw profits fall 66 per cent at Britain's second

biggest bookmaker...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say