Update 'Ladbrokes Suffers Worst Cheltenham Festival In Memory'

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<br>[Ladbrokes suffers](https://viewcast.altervista.org/@muoishade82761?page=about) worst Cheltenham Festival in memory<br>
<br>21 April 2016<br>
<br>Bookmaker [Ladbrokes](https://working.altervista.org/employer/kc-gaming-networks-ltd/) has actually stated [this promotion code](https://gitlab.tu-dortmund.de/leonardkidd162) year's Cheltenham Festival was its "worst in living memory".<br>
<br>All [bookies](https://gitlab.ujaen.es/christenmonagh) were hit by a string of at the festival, but [Ladbrokes](https://x.com/YohaigNG/status/1845872747924123782) likewise argued that rivals were using bets at levels that did not make service sense.<br>
<br>Ladbrokes also [validated](https://dev.neos.epss.ucla.edu/wiki/index.php?title=User:CarrolSpeight0) that it has a ₤ 3m liability if Leicester City win the [Premier League](https://x.com/YohaigNG/status/1845872747924123782).<br>
<br>Despite [this promotion code](http://www.annunciogratis.net/author/fosterjdr06), the [company](https://worldaid.eu.org/discussion/profile.php?id=1117945) said it had seen a motivating start to the year.<br>
<br>[Revenue](http://git.oksei.ru/marthagaskins2) was more than 10% higher.<br>
<br>Chief executive Jim Mullen stated: "At Cheltenham we were reminded of [the yohaig code](https://git.mista.ru/effiecym26974) extreme competitors with deals and rates at levels which, in our view, abandoned bookmaking concepts.<br>
<br>"We completed hard but declined to [pursue unsustainable](https://worldaid.eu.org/discussion/profile.php?id=1117945) methods."<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>He told the BBC gambling was for his clients, not his organization: "I've constantly said we're in the betting company, we do not gamble ... I thought [Cheltenham](https://git.k8sutv.it.ntnu.no/brodielefanu91) was a race to [the yohaig code](https://dev.neos.epss.ucla.edu/wiki/index.php?title=Unlock_Bet9ja_s_League_Free_Bets:_The_YOHAIG_Promotion_Code_Advantage) bottom."<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>The business stated the Grand National winner, Rule The World, which was a 33/1 shot, delivered a [bet9ja's welcome offer](https://dev.neos.epss.ucla.edu/wiki/index.php?title=Unlock_Bet9ja_s_League_Free_Bets:_The_YOHAIG_Promotion_Code_Advantage) contrast to Cheltenham.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>Ladbrokes said it was "confident" that its results would be in line with expectations.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>'Recreational punter'<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Last year Ladbrokes announced plans to combine with its smaller rival, Coral.<br>
<br>UK competition authorities are presently looking at the [bet9ja's welcome offer](https://wikisofia.cz/wiki/U%C5%BEivatel:LuciePelsaert5).<br>
<br>Steve Clayton, analyst at Hargreaves Lansdown stockbrokers, stated the most recent trading statement from Ladbrokes was encouraging, but the genuine concern was whether the merger with Coral would be enabled: "A [merged Ladbrokes](https://pipewiki.org/wiki/index.php/User:KaleyVillarreal) and Coral will have a dominant retail position, even if lots of shops have to be sold.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>"We expect substantial cost saving will be possible due to the fact that there will be huge locations of overlap and unnecessary duplication of functions across the combined organization."<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>Ladbrokes is pursuing a various strategy to that of its rivals by focussing on customer care and the occasional punter, who will not necessarily hunt for the best odds.<br>
<br>Mr Clayton stated: "The bookie's strategy is to focus on the 'leisure punter', in other words the still soft and malleable, unhardened bettors out there.<br>
<br>"These individuals do not know what the right odds ought to be, so it is easier to construct a [fat win](https://luqueautomoveis.com.br/index.php?page=user&action=pub_profile&id=420157) margin into the [bookmaker's terms](https://socialeconomy4ces-wiki.auth.gr/index.php?title=User:WendellKleiman0)."<br>
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