Gala Coral Group
Gala Coral Group Ltd is a British betting shop, bingo and casino operator owned by private equity firms Candover Investments, Cinven and Permira. In October 2005 it merged with Coral Eurobet for £2.18 billion. The acquisition made it the UK's third largest bookmaker and largest bingo operator. It owns over 30 casinos. Coral will remain a brand and trading division of the new group.
The Group headquarters are in Nottingham (Gala Bingo and Casino), Stratford, London (Coral), and Woking (Gala Coral Remote Gaming). However, in 2011, a decision was made to move substantial parts of the business to Gibraltar, including almost all of the remote gaming division.
The group, through acquisitions and new developments have over 1800 licensed betting offices.
In July 2015, it was announced that Ladbrokes would merge with its slightly smaller rival Gala Coral, and that Ladbrokes' CEO, Jim Mullen would become the CEO of the new company, Ladbrokes Coral.
Group divisions
Gala Bingo
Gala Bingo operates 137 clubs throughout the UK, with approximately a 24% share of all clubs and nearly 40% of National Bingo Game ticket sales up until the operator's withdrawal from the National Game in Summer 2008.
