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Moving on from Ladbrokes

The current CEO of Ladbrokes, Christopher Bell, recently announced the decision to move on from the successful UK online casino gambling and betting group. Ladbrokes is one of the top gambling companies in the market and has a broad range of products that suite a number of strong sectors within the market. Bell has been with the company for quite some time, and has led the Ladbrokes into its currently successful and profitable position at the top of the UK gambling industry. Online casinos are incredibly competitive in the UK market, and Bell’s growth strategy has kept Ladbrokes profitable through the past economic recession and the failing global economy – but according to shareholders and critics, Bell has not kept the company with enough of a profit margin to remain in the job.

Several critics within the online casino gambling group have particularly lambasted Bell’s performance with the internet gaming divisions. Ladbrokes has a long-standing reputation for excellence in the land and internet betting markets, and these divisions are still performing up to par. Ladbrokes investors though have high hopes that some new blood infused into the online casino gambling group will yield better results for the online divisions. Bell has had the longest run of any CEO at Ladbrokes in the past, but his performance over the past 12 months has been hotly criticized.

Although Ladbrokes is still profitable and competitive with other online casinos, Bell’s replacement will likely come as a relief to all parties involved. Bell has been under fire for a long time now and stepping down as CEO will provide him the chance to look into new sectors of the gambling market and use his extensive knowledge elsewhere.