Ladbrokes CEO Richard Glynn has unveiled his long-term strategy for the company, according to a story in the Financial Times last week.
According to the report, Glynn said he would spend £50m on boosting technology, revitalising the brand and strengthening its retail offering. The two-year £50m investment also includes cash for improving website search capabilities.
Although it is reported that a number of analysts believe that an acquisition is on the cards for Glynn, the CEO has stated that the performance of the company’s divisions showed Ladbrokes is growing organically.
