Ladbrokes: 'Exec pay linked to responsible gambling'

Ladbrokes confirmed "an element" of executive pay would be "linked" to the company's ability to implement a responsible gambling agenda.

Speaking to Daybreak, Corporate Affairs Director for the bookmakers, Ciaran O'Brien, said the company wanted to "make sure responsibility runs through our organisation like a stick of rock".

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Ladbrokes profits down 66%

Betting firm Ladbrokes has reported annual pre-tax profits were down 66% and that it will close 40 to 50 shops. It also confirmed "an element" of executive pay will be "linked" to its ability to implement a responsible gambling agenda.