Tag Archives: coral

Ladbrokes strikes new partnership with PDC

Ladbrokes has been confirmed as the new title sponsor for multiple PDC tournaments including this weekend’s much anticipated Players Championship Finals. The newly formed deal means the operator becomes the primary sponsor of the Masters and UK Open from next year, capitalising on the opportunity presented with the Coral brand picking up the sponsorship of the UK Open. Barry Hearn …

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Rebel MPs seek to force Treasury’s hand over FOBTs

The Treasury’s decision to delay the implementation of a £2 maximum stake on fixed-odds-betting-terminals (FOBTs) until October has led to a revolt amongst Tory MPs. Defiance over the delay has mounted since Tracey Crouch resigned from the Department for Digital, Culture, Media & Sports (DCMS) in the immediate aftermath of Chancellor Philip Hammond’s controversial budget announcement. Whilst Theresa May places her …

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GVC Holdings confident of delivering its 2018 targets & objectives

Publishing its Q3 2018 trading update (period ending 30 September), FTSE100 betting group GVC Holdings details continued corporate growth and progress on its core strategic objectives. The enlarged FTSE firm continues its strong digital momentum, recording +28% period NGR increase, detailing growth across all its major operating territories. Boosted by the closing stages of World Cup Russia 2018, GVC sports …

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GVC Holdings commits to new responsibility action plan

As anticipated the governance of GVC Holdings, has this morning unveiled its new social responsibility corporate directive, seeking to reduce problem gambling harms, while further improving all-around industry standards. Presenting the firm’s new social responsibility and community mandate, Kenneth Alexander, GVC’s CEO, commented on the announcement: “As a leader in the industry, we fully recognise the need to ensure we …

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Coral points to an October Oscars 2019 showdown

Summer for Hollywood is over, as movie studios get serious releasing their 2019 Academy Awards movie contenders this fall. Straight off the bat, October sees the release of two well-backed Oscar 2019 ‘Best Picture’ contenders in ‘A Star is Born’ (Warner Bros) and ‘First Man’ (Universal Pictures), bookmaker Coral is paying attention to what it believes could become an early …

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Coral extends Black Cats partnership

League one favourites, Sunderland  have announced the two year extension of their partnership with UK betting operator Coral. As part of the partnership, Coral will provide the Stadium of Light with a comprehensive match day betting service for every league and cup game throughout the 2018-19 and 2019-2020 seasons. Through its association with Sunderland, Coral aims to further strengthen its …

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GVC & MGM to create “one of a kind” platform for US expansion

As anticipated FTSE-listed GVC Holdings has this morning confirmed the establishment of its 50-50 US joint venture with MGM Resorts International (MGM). Updating the market, GVC governance states that the joint-venture will significantly expand its US position granting direct access to regulated US states, with both venture parties securing ‘meaningful early mover advantages.’ “With a proven track record as partners-of-choice, …

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Oddschecker: Interesting trends amidst Royal Ascot breakdown

Royal Ascot arrived last week amidst its usual fanfare, as people flocked in their droves to the Berkshire racecourse for what Oddschecker describes as “a fairly standard affair” on the face of it, with the trend of the previous two year continuing with seven winning favourites. From a margin perspective it is detailed bookies enjoyed a successful week, with Friday’s …

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No Joke… Coral taking KSI vs Logan Paul very seriously!

Whilst all bookmakers are consumed by Russia 2018 trading, they may have neglected a major sporting event taking place this summer. Scheduled for a sell-out Manchester Arena on 25 August, British social media star KSI is set to box controversial American vlogger Logan Paul. A  boxing match between two novice ‘whitecollar’ fighters, won’t set the sporting world alight, however, bookmaker …

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John Kelly rejoins Gala Leisure to lead big bingo changes

UK bingo hall operator, Gala Leisure has turned to an old hand in John Kelly to serve as non-Executive Chairman Kelly the founder of Gala Coral’s bingo and betting enterprise has most recently served as Chairman of Ladbrokes Coral Plc, prior to its 2018 takeover by GVC Holdings. A UK leisure and gambling figurehead, Kelly will be a key stakeholder …

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