Shakeup at Ladbrokes

Written by:
Aaron Goldstein
Published on:
Nov/03/2010
Ladbrokes

A number of senior personnel are on their way out of Ladbrokes as part of a major shakeup involving the company’s i-Gaming branch.  Sources close to eGaming Review Magazine confirmed the move, which is expected to be announced this coming Friday.

eGaming Review disclosed that Ed Andrewes, managing director of egaming, will leave after nearly three years with the company. Andy Harris, head of gaming who reports to Andrewes, will also leave.  And the current head of the sportsbook, Paul Witten, will be demoted.

eGaming Review adds:

Andrewes and Harris’s departure is part of new chief executive, Richard Glynn’s Project Galvanise, an operational review he initiated in August this year, three months after joining, to close the gap on its rival William Hill and double its share price in five years.

Glynn hopes to improve performance and, as stated back in August, “deliver customer satisfaction, revenue growth, margin improvement and operational efficiencies over the medium term”.

- Aaron Goldstein, Gambling911.com

Business/Financial News

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