Specific Growth Strategies
The Ladbrokes brand is very strong within the UK market – the company has spent
decades developing trust with the UK gamblers and bettors and that has shown in
a large-scale betting business that flourishes in the land betting market. But
as much as Ladbrokes is a strong name in the land betting market, the transition
to the online casinos has been a bit harder for this gambling group and the
internet gaming division has lagged behind expected results over the past
several years. A new CEO at Ladbrokes has been hired with a specific purpose of
reinvigorating the Ladbrokes internet gambling offerings. CEO Richard Glynn
already has experience with this specific type of growth and in his short tenure
as CEO he has already mapped out a clear strategy for boosting the Ladbrokes
brand in the UK internet betting space.
Glynn must be taking a page out of the Zappos handbook because he has noted that
part of his new plan for the whole company, not just the online casino betting
division is a back to the customer focus. The Ladbrokes customer is the most
important part of the equation and the new strategy for boosting the internet
gambling division’s performance will be a more player-centric focus – meaning
new navigation, great customer support and player reward programs that show that
Ladbrokes appreciates its customers. The online casino gambling group also plans
to enhance the overall e-performance of the Ladbrokes site – this means new
technology and backend systems that will foster the growth needed to make
Ladbrokes competitive in the UK internet marketplace.
In addition to these growth strategies Ladbrokes announced a new deal with
Global Draw – this is outside of the online casino gambling division and instead
will focus on improving the company’s land betting establishments as well over
the next four years. Glynn has some aggressive plans to bringing in new changes
that will translate into growth for the gambling group. |