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Coral 
Review Date : 17th March 2010
Is this coral or isn't it?In 1997 a management buy-in purchased 130 Gala Bingo Clubs from Bass. The management team led the management buy-in. The deal was backed by PPM Ventures.

In December 2000, the Gala Group made its first move into the casino sector with the acquisition, of 26 Ladbrokes Casinos from Hilton Group. This established Gala's leading position within the high-volume, low-stake sector of the gaming market.

In October 2005, Gala Group & Coral Eurobet merged, creating one of the top 100 companies in the UK.

Private equity firms Candover and Cinven acquired the Group in February 2003 for £1.24 billion, and in August 2005 a third investor, Permira, bought a stake in the company valuing Gala at nearly £1.9bn.

In October 2005, Gala Group acquired Coral Eurobet in a deal that created Europe's pre-eminent integrated betting and gaming company with strong market positions in licensed betting offices, bingo and casinos, and a high quality multimedia offer.

In January 2006, the Group acquired the County Clubs Bingo chain in Scotland.

In February 2006, the Group went on to acquire the Leo Casino in Liverpool, from Dolby Management Ltd, increasing the number of casinos in the estate to 31.

Gala owns 162 Clubs, 29 Casinos and one in Gibraltar, nearly 1,600 licensed betting offices. The Group currently has licences to operate 360 outlets in Italy of which about 80% are open.

There is a lot on their site. The design has improved of late and the range of sports to be accessed is impressive. We like their golf coverage as they often take a stand on a price and give good action when they are wrong.

The menu system takes a bit of getting used to and can be improved. Annoying system of bet verification if you have more than a few quid. If you want a large bet then do not try it after 9pm as their traders have gone home and you will get knocked back.

Great account facilities and results page covers every sport.
IBAS registered
Summary
Cut : Tax free Score : 8/10 Limits : Max. payout £1 million
Tel : 0800 440011 Email must use their form?  
Based : Glebe House, Vicarage Drive, Barking, Essex, IG11 7NS
Comp. No. : 4639005
 
 
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