The early beginnings of Ladbrokes
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The early beginnings of Ladbrokes

Ladbrokes dates back to 1886 when Schwind and Pendleton came together to act as commission agents for horses trained at Worcestershire's Ladbroke Hall. A few years later, the name Ladbrokes was adopted when Arhur Bendir joined the company and changed the emphasis from backing horses to laying them as a bookmaker. Although very successful for almost half a century, the betting agency stagnated by the 1950s as its old-fashioned owners had a policy of allowing only very rich people to open accounts.