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August 05, 2015 4:07 AM ET

Hotels, Restaurants and Leisure

Company Overview of Gala Coral Group Limited

Company Overview

Gala Coral Group Limited operates in the betting and gaming business activities primarily in the United Kingdom and Italy. The company operates through Coral Retail, Eurobet Retail, Online, Gala Retail, and Telebet segments. It operates approximately 1,800 betting shops under the brand name of Coral; and 132 Gala Bingo clubs. The company also provides online sports betting and gaming products through coral.co.uk, eurobet.it, galabingo.com, galacasino.com, and gala.se, as well as offers its services through mobile and telephone. In addition, it operates 870 betting outlets in Italy, which offer football, tennis, motorsports, basketball, volleyball, winter sports, and horse betting, as well as...

New Castle House

Castle Boulevard

Nottingham,  NG7 1FT

United Kingdom

Founded in 1926

15,283 Employees

Phone:

44 1159 485 000

Fax:

44 1158 517 536

Key Executives for Gala Coral Group Limited

Chief Executive Officer and Director
Age: 47
Chief Financial Officer and Director
Age: 47
Chief Operating Officer and Director
Member of Executive Committee and Managing Director of Gala Casinos
Head of Projects - Property Group
Compensation as of Fiscal Year 2015.

Gala Coral Group Limited Key Developments

Gala Coral Group Limited, Ladbrokes PLC - M&A Call

To discuss the recommended merger of Ladbrokes plc and the Coral Group to create a European betting and gaming group

Gala Coral Considering All Options

Gala Coral Group Limited is looking at all strategic options for the firm, including a possible flotation on the stock market.

Gala Coral Group Limited Reports Group Earnings Results for the Second Quarter and Six Months Ended April 11, 2015

Gala Coral Group Limited reported group earnings results for the second quarter and six months ended April 11, 2015. For the quarter, the company reported net revenue of £316.4 million against £298.9 million a year ago. EBITDA was £68.1 million against £62.7 million a year ago. Underlying EBITDA was £11.9 million or 20% ahead. For the six months, the company reported net revenue of £684.8 million against £650.1 million a year ago. EBITDA was £135.4 million against £123.2 million a year ago. After adjusting for regulatory impacts and exceptionally poor football margins in Italy, EBITDA was £22.8 million or 19% ahead.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 24, 2015
Gala Coral Group, Certain Business Including Coral Retail, Eurobet Retail & Online Businesses
 

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