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Ladbrokes confirm Richard Ames to leave

31 July 2012

LADBROKES have confirmed that director Richard Ames is set to leave the bookmaking firm.

Ames was in charge of online strategy for Ladbrokes, who are expected to announce further delays to their new online offering this week.

A company statement read: "Ladbrokes plc ("the Company") announces that Richard Ames, head of product (responsible for trading and IT) and a director of the company, has ceased to perform his executive duties with immediate effect.

"A further announcement regarding his departure from the company will be made in due course until which point Richard Ames will remain a director of the company.

The company is scheduled to provide its interim results at 7.00am on Thursday...where it will provide additional information on any management changes."

Nick Rust, who joined Ladbrokes last year and currently runs trading and retail, will reportedly take over online operations.

Ladbrokes issued a profits warning last month about their online division and Thursday's half-year results are expected to be in stark contrast to those of rivals William Hill who last week announced online operating profits had risen 23 per cent.

Ames was appointed to the Ladbrokes board in 2009 having joined Ladbrokes in 2005 as retail commercial director. He was appointed managing director of UK retail the following year and assumed responsibility for Ireland in 2008.

Speculation continues that Ladbrokes, who have confirmed they are in talks with Betdaq over a technology deal, may buy the betting exchange.

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