Irish online casino news and Ladbrokes

The online casino sector in Ireland is generally in good health and thriving, with more customers and increasing online gambling revenue driving shares in the big players such as Paddy Power ever higher. Even small and relatively new online casinos such as the All Irish casino are gradually making inroads into the market, all of which should ensure that our regular report here at onlinecasino.ie regarding the latest Irish online casino news is usually positive. There is however an exception and a major one at that. Ladbrokes is the other major high street bookmaker in Ireland and should therefore be in prime position to take advantage of the rapidly increasing interest in playing casino games online, and yet the company apparently continues to struggle to get to grips with the digital age. Recent reports have compared the performance of the share prices of three of the major online casino operators in Ireland over the last four years since chief executive Richard Glynn took over at Ladbrokes, and they do not make good reading for Ladbrokes investors. Whilst William Hill has gained 80% over the period and Paddy Power a massive 250%, shares in Ladbrokes have actually fallen in value by 30%. There is hope of course, and there are signs that the recent contract with the biggest online casino software supplier Playtech may well kick start a revival, but Ladbrokes remains a long way behind its rivals. Many online casino analysts have also been taken by surprise at the recent announcement that Mr. Glynn will be stepping down at the end of his current contract next year, rather than his initial intention to stay until the end of the contract with Playtech in 2017.