Ladbrokes Ireland gains court protection
The British betting and gaming giant was granted court protection for its Irish operations yesterday, following application to the High Court. Ken Fennell of Deloitte has been appointed interim examiner to the firm, with the process set to last for up to 100 days.
Earlier this year, Ladbrokes announced that it was undertaking a review of its Irish operations, due to an alarming fall in performance. It said the move for court protection was necessary to ensure the ongoing viability of Ladbrokes Ireland.
