The Scotsman

Winning ways: Bosses at Ladbrokes owner GVC toast bumper payday

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Gambling bosses at Ladbrokes owner GVC are celebratin­g another multi-million-pound payday, just weeks after they sent shares tumbling by cashing in on a share sale. GVC’S annual report shows that chief executive Kenny Alexander pocketed a total of £19.1 million last year after banking £16.4m in “legacy awards”, linked to the firm’s acquisitio­n of bwin.party in 2016. Alexander also bagged a £1.8m annual bonus and saw his basic salary jump 13 per cent to £858,000. Chairman Lee Feldman received £8.5m, with most of it also related to legacy awards.

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