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Company Overview of Gala Coral Group Limited
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
Nottingham, NG7 1FT
Founded in 1926
Key Executives for Gala Coral Group Limited
Chief Executive Officer and Director
Chief Financial Officer and Director
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 Considering All Options
Jun 23 15
Gala Coral Group Limited is looking at all strategic options for the firm, including a possible flotation on the stock market.
Potential Merger Of Ladbrokes And Coral Group
Jun 22 15
Ladbrokes PLC (LSE:LAD) confirms that it is in discussions with the Board of Gala Coral Group Limited regarding a possible merger of Ladbrokes and Coral Retail, Eurobet Retail and Gala Coral's Online businesses to create an enlarged business which would be listed on the official list of the UK Listing Authority and traded on the main market of the London Stock Exchange. Jim Mullen, Chief Executive Officer of Ladbrokes, said, "The Board has not yet concluded whether a transaction is strategically attractive and can be delivered to shareholders on appropriate terms."
Gala Coral Group Limited Reports Group Earnings Results for the Second Quarter and Six Months Ended April 11, 2015
May 19 15
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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