Is This Ladbrokes' Next Chief Executive?

Speculation that former sports director is to take the gambling group's hot seat

The news that Richard Glynn is to step down next year as chief executive officer at online and land gambling group Ladbrokes (see previous InfoPowa report) has been following by some informed speculation in the Telegraph newspaper over the weekend regarding his successor.

The newspaper's hot tip for the post is Patrick Jay, a former sports director of Ladbrokes who went out to the Asian market four years ago to run trading operations at the Hong Kong Jockey Club, one of the world's largest betting operations.

The Telegraph points out that Jay's children are now of an age for some traditional British schooling, which recently resulted in his quitting the HKJC post and making himself available again.

The newspaper reports that Jay took a flight back to London Friday, and speculates that he may have been traveling to discuss his options regarding Glynn's job.

"Mr Jay is a good bet at Ladbrokes, at least. After taking a flurry of wagers on the diplomat's son in recent days, Ladbrokes has slashed its odds on him taking the reins from the embattled Mr Glynn from 40/1 to 8/1," the Telegraph concludes.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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