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Ladbrokes’ lost £43m: “We’ll bet our way back into profit”


“…we’ll still be holding up our punters by their ankles, to shake out any loose change”

Ladbrokes, one of the the high street’s leading money-hoovering bastards, have posted their worst ever losses, to the delight of the nation’s gambling addicts.

Outgoing CEO, Richard Glynn, explained his simple recovery plan, which will leave his successor in a sound position; guaranteed mate, can’t fail. “Step one, we’ve a £10m accumulator with Betfred, for the first five races at Kempton Park on Saturday. That’s a dead cert so we’ll be well ahead by tea-time”.

“If that doesn’t work and we’ve no reason to think it won’t, step two means  staking all February’s takings on Jeb Bush winning Continue reading

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