Unnamed Asian Royal the Reason for Ladbrokes $91 Million Loss?

Written by:
Aaron Goldstein
Published on:

Talk about the importance of keeping top customers!

Ladbrokes is blaming a single member of an unnamed Asian royal family for its $91 million loss  in profits this past year. 

The United Kingdom’s largest bookmaker claims that this individual simply stopped betting with the firm. 

“I suppose it is akin to companies losing major clients,” suggested Gambling911.com’s Payton O’Brien.

But $91 million?  And we are not talking about business clients here, we are talking about someone who was presumably gambling around $91 million per year.

According to the London Telegraph, this person is said to have spent the year paying off enormous debts.

Maybe he is back.

Ladbrokes managed to make $7 million in operating profits so far this year.

- Aaron Goldstein, Gambling911.com

Gambling News

Colts Unsure of Wentz’s Status After Spraining Both Ankles

The Indianapolis Colts already were unsure if Carson Wentz could play this week after injuring his right ankle and the oddsmakers have moved this line from +3 to +5.5 Colts in the midst of the uncertainty.

Alabama Man Arrested in Fatal Shooting at Mississippi Casino

An early Saturday shooting at a Mississippi casino has left one person dead and another in custody, Biloxi Police said.

CFB Betting – Marshall Thundering Herd at Appalachian State Mountaineers

CFB Betting – Marshall Thundering Herd at Appalachian State Mountaineers

It’s a Group of Five showdown on Thursday when the Marshall Thundering Herd takes on the Appalachian State Mountaineers. Both teams are 2-1 on the season and should be in the hunt for their respective conference title. Marshall has one of the top offenses in college football....

Free MLB Picks - Monday September, 20 2021

Free MLB Picks - Monday September, 20 2021

The Milwaukee Brewers are a -179 favorite hosting the St. Louis Cardinals Monday night.  Jon Lester (6-6, 4.67) will start for the Cardinals and the Brewers will have Freddy Peralta (9-4, 2.57) going to the mound.

Bears-Packers MNF Betting Action Report

Bears-Packers MNF Betting Action Report

Here is the current action for tonight's game at Lambeau between the Lions and Packers courtesy of our friends at BetOnline.