Tuesday 23. February, 2016

Ladbrokes Reports Financial Loss for 2015

UK bookmaker, Ladbrokes, has released its financial results for 2015, reporting their first negative result in a decade. The company reported a loss of £43.2 million for 2015, a significant loss after their £37.7 million profit in 2014.

The company’s revenue rose 2.1 percent to £1.2 billion over the year and their results for the second half of the year rose 5 percent compared to the same time last year. Digital net revenue increased by 12.9 percent over the year.

The company loss can be attributed to a new 15 percent point of consumption tax with £50 million going to taxes and a further £99 million going to exceptional charge on write downs and merger costs. £19.8 million can be attributed to their costs relating to the merger with rival Coral.

“I am pleased to be able to report a good start to the delivery of the strategy outlined in July,” said chief executive Jim Mullen. “Although it remains early days, there is positive progress to report.”

“In UK retail, self-service betting terminals are delivering growth, football is up and our retail team are delivering strong multi-channel growth. The full year figures reflect the cost needed to undertake significant investment to deliver the strategy as well as facing circa £50 million of increased taxation.”

Ladbrokes’ UK Retail revenue rose 2 percent over the year with 6.5 percent growth in Q4. Their Australian operations experienced a 65 percent rise in activity which resulted in a 71 percent increase in net revenue.

Going forward, Ladbrokes can expect new competition from Australia’s largest bookmaker, Tabcorp which partnered with The Sun newspaper in the UK, allowing Tabcorp to enter the UK gambling market with the launch of Sun Bets bookmaker in 2016.


All new Australian players get 130 free spins and bonuses up to €1000 on the first three deposits.


Get 30 free spins and 4 welcome bonuses to a total value of $1400 as a new Australian customer!


New Australian players get 35 free spins on Spiñata Grande and a 100% welcome bonus up to $200!

400% BONUS

As a new Australian customer, deposit €100 and you will get €500 to play for!


Get a €10 exclusive bonus on your first depost and get 10% top-up on your winnings or 10% cashback on your losses the first week.


Get 50% of the deposit you make in free spins! Deposit $400 in order to get 200 free spins! Also, 100% bonus on your first deposit!

$500 BONUS

Join All Australian Casino and get a 100% bonus up to $500 as a new Australian customer!


As a new Australian player, you get 50 free spins and a 200% welcome bonus!


Get up to $1000 in bonus on your first four deposits. Also, 180 free spins to all new Australian players!


Get 100 free spins on Starburst and a first deposit bonus worth up to $400 as a new Australian player!

PokiesPedia was last updated:
April 16, 2017

Receive 100 Free Spins Now!

Receive 100 Free Spins Now!

Join our mailing list to receive 100 free spins instantly and the best bonus offers for Australians!

You have Successfully Subscribed!