LADBROKES Overview
Company Headquarters: UK
Founded: 1886
Workforce: ~ 16,685
Company Working: Ladbrokes is a UK-based online gambling company which offers various gambling services including poker, casino, and bingo to its users. The company also offers betting services of various sports including football, horse racing, tennis, and boxing. Ladbrokes is a subsidiary of GVC Holdings PLC. GVC Holdings Plc (the parent company) operates through four business segments—online, UK retail, European retail, and all other segments. The company has a strong presence in the UK.
Strategy
Ladbrokes innovates its products with the help of extensive research & development (R&D), which helps it to establish a strong position in the market. The robust market position and strong brand identity of the company imparts a significant competitive edge to the company in terms of scale and recognition, which in turn, facilitates the expansion of its customer base.
