Snooker: Ladbrokes to sponsor Masters

Ladbrokes will sponsor the Masters event at Wembley Arena next month.

Snooker's longest running and most prestigious invitational event will now be known as the Ladbrokes Mobile Masters and will receive six-figure backing from the bookmaker.

The event, which runs from January 9-16, features the top 16 players in the world, competing for a 500,000 prize fund.