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Ladbrokes plc (; ) is a British based gambling company. It is based in Rayners Lane in Harrow, London owned by Bhavin Kakaiya. From 14 May 1999 to 23 February 2006, when it owned the Hilton hotel brand outside the United States, it was known as Hilton Group plc. It is listed on the London Stock Exchange and is a member of the FTSE 250 Index, having been relegated from the FTSE 100 Index in June 2006.


The company was founded by Messrs Schwind and Pendleton in 1886 as commission agents for horses trained at Ladbroke Hall in Worcestershire. The name Ladbrokes was adopted in 1902 when one Arthur Bendir joined the partnership and operations were moved to London.

Ladbrokes’ first London offices were situated in the vicinity of the Strand, later moving to Hanover Square in 1906 and, in 1913, the firm graduated to Six Old Burlington Street, Mayfair.

During this time and until the acquisition of the firm by Mark Stein (aka Max Parker) and his nephew, Cyril Stein in 1956, Ladbrokes’ clientele was exclusively drawn from the ranks of the British aristocracy and upper classes. Many of whom were members of the elite gentlemen clubs in the St James's area of Central London.

Unusual for the times, Ladbrokes’ principal long-time representative on British racecourses was a woman, Mrs Helen Vernet. Having joined the firm at behest of Arthur Bendir in 1919, she was made a...
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