Tag Archives: coral

Updating the market on its Q1 2016 performance (16 week ending January 2016), Gala Coral Group (Coral) have reported net revenues of £333.3 million representing a £47.1 million or 16% uplift on Q1 2014 performance. After adjusting for regulatory impacts,  Gala Coral governance reported Q1 2016 EBITDA of £23.1 million or 59% ahead of last year. Improved football results contributed significantly …

As reported in eGaming Review, Head of Trading Sam Foulkes has quit Coral. He left earlier this month having tendered his resignation in December, and is now seeing out a period of gardening leave. News of Foulkes’ departure comes just five months after he had been promoted to the head of trading role, which saw him relocate from Coral’s Stratford headquarters to …

A team of ambitious fundraisers from the Responsible Gambling Trust have climbed their way to the top of Mount Kilimanjaro.  The trekkers scaled the formidable mountain and 29 of the 30 participants reached the summit on Friday 12 February, raising funds to help minimise gambling-related harm in the UK. Climbers made their ascent to the Uhuru peak of Kilimanjaro which, …

An eagerly awaited Six Nations kicks off tomorrow in Paris, as Europe’s finest look to move past collective Rugby World Cup disappointment. Despite becoming the first host nation to fail at the group stage, Coral have confirmed that many punters are backing England to come good under Eddie Jones and restore some pride in the Red Rose. John Hill, a …

Daniel Graetzer of Mediatech Solutions takes a look at what omni-channel actually means for the gambling industry, and where it can make the most impact. While omni-channel is definitely one of the biggest buzzwords in today’s gaming world, don’t let it distract you from the opportunities it presents. 2015 brought us a constant stream of stories in the M&A columns …

The British Horseracing Authority has dismissed Coral’s offer for a flat 7.5% of its online and retail horseracing profits, labelling it an an “unrealistic realistic starting point” on the grounds that it would generate less for the sport than existing arrangements. The latest clash between racing and the bookmakers has been caused by the introduction of the Authorised Betting Partner …

Inspired, a leading provider of Virtual Sports, Mobile Games and SBG Video Lottery, has announced the recent launch of seven new HTML5 mobile games. The following games, which are already proving popular amongst players, will be available to all Inspired operators, including William Hill, Gala Coral and Bet365: Centurion: Set in ancient Rome, this omni-channel bonus game features the lovable Centurion …

Gala Coral CEO Carl Leaver has issued UK racing stakeholders a revised offer regarding the betting industry’s continued row over the disputed ‘authorised betting partner’ (ABP) policy. Leaver’s Coral betting enterprise has yet to commit to the ABP program, on Tuesday the CEO stated that his firm would “happily pay a levy of 7.5% on their winnings” relating to horse …

A Bet A has teamed up with Dafabet to provide a full betting shop experience at this week’s Masters Snooker tournament in London. The specialist supplier is providing both the EPOS and screen display technology to enable Dafabet to activate its sponsorship at a sold-out Alexandra Palace. Snooker fans can bet on all the action at the prestigious, invitation-only event, …

The UK Competition & Markets Authority (UK CMA) has granted approval to the proposed fast-track of the planned Ladbrokes-Coral merger. The agreed deal which gained a 96% investor backing in December, will now be forwarded for an in-depth phase 2 investigation of Ladbrokes merger with Gala Coral assets, which includes Coral UK, Eurobet Retail and Gala Coral’s digital division. The …