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UK
Casino Times
> Casino
News
12 January 2006
Ladbrokes Change Hedging
Practices
Ladbrokes
has confirmed they have joined their counterparts
Coral
and William
Hill in changing
their hedging practices, with their money now going via
betting exchanges as well as the course market.
William Hill broke the
long established bookmaking mould by switching their hedging
activities from the racecourse to betting exchanges in early
November and Ladbrokes trading director Mike O'Kane on
Tuesday confirmed that his firm have since adopted a similar
stance to Coral by splitting their hedging between the
course market and exchanges.
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