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In the UK market, there are five large players on the high street, William Hill, Ladbrokes, Tote, Coral and Betfred, who together account for over 80% of all betting shops. William Hill is the largest, owning some 25% of the total number of betting shops, and reaching, by our estimate, some 45% of regular customers. In 2007 the UK gambling market was estimated at around £2.5bn in gross win (the amount remaining once all customers’ winning bets are paid). This is based on Government Betting Duty revenues of £373m at a rate of 15% (source: HMRC). This includes revenues from betting shops, telephone betting and those online businesses based in the UK.

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Many customers tend to use more than one provider, so any estimates have to recognise that these same customers might also be going to competitors and indeed to different channels. Our estimates are as follows: Online betting has a broad set of competitors, including William Hill, Ladbrokes, Totesport, Coral, Betfred, BlueSquare, 888, Stan James, Boylesports, Victor Chandler, Betfair and many more. According to global research company research TNS in 2007, some 26% of regular online bettors had a William Hill account, although many customers had accounts with other providers as well. Online customers are particularly likely to have multiple accounts, more so than the other channels.

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Ladbrokes plc is a leader in the global betting and gaming market with annual Group revenues of more than £1 billion. In 2009 some £15 billion worth of stakes were placed with the Company. Benefiting from its brand strength Ladbrokes offers an all-embracing range of betting and gaming services via its retail, online and telephone operations, supported by 15, 000 skilled employees and state of the art technology.

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The name Ladbrokes is synonymous with betting and gaming: the hallmark of a premier brand. The Company, the origins of which date back to 1886, employs 15, 000 people in six countries and is one of the world’s leading betting and gaming enterprises. Ladbrokes is a market leader in retail bookmaking in the UK, Ireland, Belgium and Spain where it operates a combined total of more than 2, 700 betting shops. The Company also operates betting facilities at eight FA Premiership grounds and nine racecourses, including Ascot.

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