Ladbrokes, established in 1886, is a well-known and reputable gambling company that operates in the United Kingdom. However, to accurately determine who exactly owns Ladbrokes, we need to look at the company's history and recent developments.
In 2016, Ladbrokes merged with Gala Coral Group Limited, creating one of the largest betting and gaming companies in the world. This merger resulted in the formation of Ladbrokes Coral Group PLC. The company's headquarters are currently located in London, England.
Ladbrokes Coral Group PLC is a publicly traded company on the London Stock Exchange, meaning that its ownership is divided among thousands of individual and institutional shareholders who hold shares in the company. These shareholders are the real "owners" of Ladbrokes Coral Group PLC.
However, it's important to note that the largest shareholders of the company are institutional investors, such as BlackRock, Schroders, and J.P. Morgan Asset Management. These institutions manage portfolios on behalf of their clients and invest in various companies, including Ladbrokes Coral Group PLC.
As for the day-to-day operations and management, Ladbrokes Coral Group PLC is overseen by a board of directors, which is responsible for making strategic decisions and ensuring the company's success. The board consists of experienced professionals from various business backgrounds who collectively steer Ladbrokes in the right direction.
In summary, Ladbrokes Coral Group PLC, the parent company of Ladbrokes, is owned by a diverse group of individual and institutional shareholders. While it is not possible to pinpoint a single entity or individual who exclusively owns Ladbrokes, the company's ownership is collectively held and subject to fluctuations based on stock market trading activity.