November 20, 2014 10:29 PM ET

Hotels, Restaurants and Leisure

Company Overview of Gala Coral Group Limited

Company Overview

Gala Coral Group Limited operates in the integrated betting and gaming business activities in Europe. The company operates through Coral Retail, Eurobet Retail, Online, Gala Retail, and Gala Casino segments. It operates 1,750 betting shops under the brand name of Coral; 138 Gala Bingo clubs; and 4 Gala Casino clubs. The company also provides gaming services through its online casino, games, bingo, and poker sites accessible at coral.co.uk, as well as offers its services through mobile and telephone; and online bingo and casino services through galabingo.com. In addition, it operates 400 betting outlets in Italy, which offer football, tennis, motorsports, basketball, volleyball, and winter sp...

New Castle House

Castle Boulevard

Nottingham,  NG7 1FT

United Kingdom

17,778 Employees

Phone:

44 11 5948 5000

Fax:

44 11 5851 7536

Key Executives for Gala Coral Group Limited

Chief Executive Officer and Director
Age: 46
Chief Financial Officer and Director
Age: 46
Director and Chief Executive of Coral
Member of Executive Committee and Managing Director of Gala Casinos
Head of Projects - Property Group
Compensation as of Fiscal Year 2014.

Gala Coral Group Limited Key Developments

Gala Coral Group May Go For £2 Billion-Plus Flotation

Gala Coral Group Limited has hired bankers at Lazard to find a buyer for its 135 bingo clubs in a move that is expected to clear the way for a £2 billion-plus flotation of its remaining betting and gaming business.

Gala Coral Group Limited Announces Earnings Results for the Third Quarter and Nine Months Ended July 5, 2014

Gala Coral Group Limited announced earnings results for the third quarter and nine months ended July 5, 2014. For the quarter, the company reported continuing Opco EBITDA of GBP 60.6 million against GBP 50.4 million a year ago. Total group EBITDA was GBP 67.2 million against GBP 56.9 million a year ago. Continuing Opco turnover was GBP 292.7 million against GBP 254.9 million a year ago. Underlying EBITDA (pre-exceptionals) was GBP 53.9 million, an increase of GBP 3.5 million year on year. For the nine months, the company reported continuing Opco EBITDA of GBP 183.8 million against GBP 172.4 million a year ago. Total group EBITDA was GBP 205.5 million against GBP 193.8 million a year ago. Continuing Opco turnover was GBP 951 million against GBP 853.1 million a year ago. Underlying EBITDA (pre-exceptionals) was GBP 197.6 million, an increase of GBP 25.2 million year on year.

Gala Coral Group Limited to Report Q3, 2014 Results on Aug 22, 2014

Gala Coral Group Limited announced that they will report Q3, 2014 results on Aug 22, 2014

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 19, 2014
Gala Coral Group Limited, Gala Bingo Portfolio
Merger/Acquisition
December 2, 2013
Gala Coral Group Limited, Four Casinos
 

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