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Gala Coral - Found 10k + Employees, 11 Phone Numbers and 9 Emails We use cookies in order to provide you with a better browsing experience. By continuing to use this website you agree to our use of cookies. Coral 14,553 followers on LinkedIn. Coral is a leading European betting and gaming company with strong market positions, high growth and well-established brands, both on the high street and online. Ask about the policies at Gala Coral Group Limited, and assure the interviewer that you would take the measures asked of you when it comes to reporting infractions. Rachelle's Answer #1 'If a patron were breaking a rule, I would report the situation to security and ensure that the situation was dealt with swiftly. Provides gambling services. The Company owns and operates casinos, betting shops, and bingo halls, as well as offers online interactive gambling in bingo, casino, poker, and gaming. 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.

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Gala's logo

Gala Bingo is an online bingo and casino offering under the ownership of Entain.[1]

Gala Bingo was created in 1991 as a division of Bass plc. It later became an independent company, and then became the Gala Coral Group after acquiring Coral Eurobet in 2005. After the sale of its 126 clubs in 2015 to Caledonia Investments (who rebranded them as Buzz Bingo in September 2018[1]), Gala Coral retained the online Gala services and was later acquired by Ladbrokes (which was later acquired by GVC Holdings).

History[edit]

The chain began as bingo clubs operated by Bass Leisure, a division of Bass plc. As of 1983, Bass had 22 clubs operating under the Coral brand, and another 24 located in its Pontins holiday camps.[2] That year, Bass purchased a chain of 80 bingo clubs from Thorn EMI for £18.2 million.[2] By 1988, Bass was down to 72 locations, but added another 30 by purchasing Zetters Leisure for £23 million.[3]

In May 1991, Bass purchased Granada plc's chain of 74 bingo clubs for £147 million.[4][5] Combined with Bass's 91 clubs, the chain was tied with the Rank Organisation for the largest bingo operator in Britain.[4] A united brand for the combined operation, 'Gala,' was chosen by John Murphy of Interbrand as a simple word incorporating letters from 'Granada' and 'Coral'.[6] Gala was officially launched on 17 October 1991 when 17 clubs re-branded and launched a new image.

In 1997 a management buy-in purchased all 130 Gala Bingo Clubs from Bass for £235 million.[7]

Over the next few years, Gala began acquiring other bingo clubs to increase their portfolio, including 17 clubs from Ritz in July 1998 and 10 clubs from Jarglen in March 2000. In April 2000, they added 27 Riva Bingo Clubs from First Leisure for £90 million. Gala diversified outside bingo for the first time when it purchased 26 Ladbroke Casinos for £235 million from the Hilton Group in December 2000. In 2001 it added the Jamba Online business for £1.5m.[8]

The owners sold the whole business for £1.24 billion in February 2003 to the private equity firms Candover and Cinven.[9]Permira bought a stake in the company in August 2005, which valued the business at £1.89 billion.[10]

In October 2005, Gala acquired Coral Eurobet for £2.18 billion and changed its name to Gala Coral Group, creating the United Kingdom's third largest bookmaker and largest bingo operator.[11]

The group added another 10 bingo clubs in 2006 when it purchased the County Clubs in Scotland for £64 million.[12] The company spent another £14.5 million in February 2006, when it bought the Leo Casino in Liverpool from Dolby Management Ltd increasing the number of casinos in the estate to 31 (at the time).[13]

Gala Coral won 403 betting licences in Italy in an open market tender in December 2006, under its Eurobet brand. The group formally established an international division in 2007. The group also set up a joint venture to attempt to launch bingo shops in China.[14]

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 had over 30 casinos and 1,800 licensed betting offices.

Gala's total clubs peaked at around 174, but since 2007 and the introduction of smoking bans in Great Britain, this total declined to around 140.[15] In their year end accounts of 2012, the company reported employment of 4,801 staff in their bingo clubs, along with 10,849 in 1,600 Coral shops, 2,776 in 25 casinos, 276 in remote gambling and 98 in Italy where it had over 400 betting outlets, plus a further 374 in support staff functions.[16]

In July 2015, Gala Coral agreed to be acquired by its slightly larger rival Ladbrokes.[17] The 130 Gala Bingo clubs were not part of the merger, and were sold to Caledonia Investments for £241 million in December 2015.[18][19] The merger was completed on 1 November 2016, and Ladbrokes became Ladbrokes Coral.[20]

Operations[edit]

As of 2008, Gala Bingo operated 137 clubs throughout the United Kingdom, 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. Gala has around five million bingo members, of which approximately 1.2 million are active players. Gala Bingo has an average of 600,000 admissions per week.

The bingo division began participation in the Nectar loyalty card scheme on 1 June 2007.[21] Nectar points were originally awarded for club admissions, and additionally for slot machine play from 1 September 2007, a first for the bingo industry. Gala Bingo no longer participates in the Nectar loyalty card scheme.

On 31 July 2007, pensioner Pauline Clarke, 62, became Gala's first GBP millionaire, after winning a tie break against another online player.[22]

Gala TV was a satellite TV channel that aired from 2006 to 2011, showing bingo games.

Online services under the Gala brand are operated by GVC Holdings, including an online bingo site, GalaBingo.com, and an online casino, GalaCasino.com.[23]

References[edit]

  1. ^ ab'Gala Leisure to relaunch all clubs as Buzz Bingo with two-year £40 million investment plan'. International Coin Slot. Archived from the original on 29 September 2018. Retrieved 29 September 2018.
  2. ^ abBatchelor, Charles (10 September 1983). 'Bass buys Thorn EMI bingo'. Financial Times. London – via NewsBank.
  3. ^Harris, Clay (7 June 1988). 'Bass pays 23 million pounds for bingo clubs'. Financial Times. London – via NewsBank.
  4. ^ abChurchill, David (11 May 1991). 'Bass reshuffling its gambling interests'. Financial Times. London – via NewsBank.
  5. ^'Granada Tooting, London'. Cinema Organ Society. Archived from the original on 9 June 2013. Retrieved 28 November 2012.
  6. ^Ashworth, Jon (23 September 1991). 'Bass seeks full house in Gala opening'. The Times. London – via NewsBank.
  7. ^'Memorandum submitted by the Gala Coral Group'. UK Parliament. 2007. Archived from the original on 29 November 2016. Retrieved 28 November 2016.
  8. ^'Gala will spend £3m to make Jamba pay-to-play'. Brand Republic. 7 November 2001. Retrieved 28 November 2016.
  9. ^'Bingo group bought in £1.25bn deal'. BBC. 7 February 2003. Archived from the original on 11 January 2006. Retrieved 28 November 2016.
  10. ^'Permira Funds buy stake in Gala'. Permira. 1 August 2005. Archived from the original on 13 August 2014. Retrieved 28 November 2012.
  11. ^'Casino group Gala snaps up Coral'. BBC. 7 October 2005. Archived from the original on 1 August 2017. Retrieved 28 November 2016.
  12. ^'Gala acquires County Bingo'. Casino compendium. Archived from the original on 4 March 2016. Retrieved 28 November 2016.CS1 maint: bot: original URL status unknown (link)
  13. ^'Gala buys Liverpool casino for £14m'. The Guardian. 13 February 2006. Archived from the original on 29 November 2016. Retrieved 28 November 2016.
  14. ^Annual Report 2007(PDF) (Report). Gala Coral Group. p. 18. Retrieved 1 April 2018.
  15. ^Gala BingoArchived 13 December 2012 at the Wayback Machine galacoral.co.uk.
  16. ^Annual Reports and Accounts 2012Archived 23 January 2013 at the Wayback Machine galacoral.co.uk
  17. ^'Ladbrokes to merge with smaller rival Coral'. BBC News. 24 July 2015. Archived from the original on 26 July 2015. Retrieved 25 July 2015.
  18. ^David Cook (27 October 2015). 'Gala Bingo acquisition 'strange', says consultant'. Gambling Insider. Archived from the original on 28 December 2017. Retrieved 27 December 2017.
  19. ^'Caledonia Investments completes Gala Bingo acquisition'. Morningstar. Alliance News. 21 December 2015. Archived from the original on 28 December 2017. Retrieved 27 December 2017.
  20. ^'Ladbrokes Coral Group – Completion of Merger' (Press release). Ladbrokes Coral Group. 1 November 2016. Archived from the original on 23 April 2017. Retrieved 27 December 2017.
  21. ^Gala Bingo joins NectarArchived 17 May 2007 at the Wayback Machine
  22. ^Daily Telegraph, 1 August 2007 Issue Number 47,325 Pensioner is bingo's first £1m winner
  23. ^'About GVC Holdings PLC'. reuters. Retrieved 9 November 2020.

External links[edit]

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Gala_Bingo&oldid=1009756558'
Gala Coral Group
File:Gala coral.png
Private
IndustryBetting and Gambling
FoundedCoral (1926), Gala (1991)
HeadquartersNottingham
England
Revenue£1.2 billion (2013)
OwnerCandover Investments, Cinven and Permira
Number of employees
19,174 (2012)
Websitewww.galacoral.co.uk

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.[1]

  • 1Group divisions
  • 2Marketing and advertising
  • 3Group History

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.

Gala has around five million bingo members, of which approximately 1.2 million are active players. Gala Bingo has an average of 600,000 admissions per week.

Mozzartbet app apk download. The bingo division began participation in the Nectar loyalty card scheme on 1 June 2007.[2] Nectar points were originally awarded for club admissions, and additionally for slot machine play from 1 September 2007 - a first for the UK Bingo industry. Gala Bingo no longer participates in the Nectar loyalty card scheme.

On 31 July 2007 pensioner Pauline Clarke, 62, became Gala's first GBP millionaire, after winning a tie-break against another online player.[3]

Coral

Coral is a bookmaker in Britain, and currently has over 1800 betting shops in the UK as of October 2011 as well as hundreds in Italy trading under the Eurobet name.

Joe Coral began his bookmaking business in 1926, after borrowing some money off of a local cafe owner who happened to be a good friend of Joe's, operating betting pitches at greyhound courses. His great friend, Tom Bradbury-Pratt ran speedway meetings at Harringay and a number of other venues. He, and Joe Coral, went on to establish many speedway and greyhound tracks and Joe was one of the first bookmakers to take advantage of the 1960 legalisation of off-course betting shops and opened his first shop in 1961. In those days Coral were not afraid to lay large commissions, even to shrewd customers.

Coral was acquired by Bass in January 1981, by which time Coral was one of the largest leisure groups in the United Kingdom, comprising approximately 650 betting shops, two greyhound stadiums, social clubs, casinos, hotels and holiday camps. Although the betting shops and stadia retained the Coral name, the other operations were integrated into Bass.

In December 1997 Ladbrokes acquired Coral from Bass. However, the acquisition was referred to the UK Monopolies and Mergers Commission and they concluded in September 1998 that Ladbrokes should not be allowed to retain ownership of Coral (however they were allowed to keep Coral's betting offices in the Channel Islands and integrated these into their own retail division).

Coral Group was then sold in a management buy-out backed by Morgan Grenfell Private Equity in February 1999. At the end of 1999 Eurobet, an internet betting business was acquired and the Group’s name was changed to Coral Eurobet.

The Coral Eurobet Group was then sold in a further management buy-out in September 2002 which was backed by Charterhouse Development Capital.

Coral owns two greyhound racing stadia in Britain, at Romford and Hove. Coral also operates betting shops at three of Britain’s biggest racecourses – Cheltenham, Epsom, and Sandown Park (venue of the company sponsored 'Coral Eclipse' race), plus one each at Gatwick Airport (South Terminal) and Stansted Airport. Coral also has a successful Telebet business, based in Barking.

Coral operates an online casino, an online gaming site, and an online poker site.

Coral was the first major UK Bookmaker to sign to Turf TV on 22 December 2007. Coral employs over 11000 betting shop staff within the UK.

In 2007, the Group commenced the rollout of betting shops in Italy (under the 'Eurobet' brand) following its success in December 2006 in winning 403 sports and horse race betting licences, through a government-led auction. The Group also set up a joint venture in China.

In July 2009 Coral announced the relocation of their broadcasting department to Milton Keynes to a purpose built studio to manage the inception of its new TV channel, Coral TV.

In May 2010 Coral bookmakers launched the Coral Dugout [4] which was designed to offer in-depth football knowledge from ex-Premier League referee Graham Poll and sports presenter Jeff Stelling during the FIFA World Cup 2010. The Coral Dugout currently features the Coral Insider who posts daily betting odds and tips on the FIFA World Cup 2010 for all online visitors.

In November 2011 Coral announced they had signed for 30,793 sq ft of offices at One Stratford Place at Westfields £1.45bn Stratford City scheme opposite the Olympics stadium in east London. Coral is the first private company to sign for offices at the Olympic park. Westfield has let the seventh and part of the eighth floor of the building to Coral which is moving from head offices in Barking.

In March 2015 Gibraltar-based platform provider Odobo signed two new distribution deals with Gala Coral Interactive, providing Gala Casino and Gala Bingo brands with fifty new gaming titles. Both parties benefit from the deal, Gala by joining the Odobo Marketplace, where they gain access to millions of funded-account customers around the world and Odobo by gaining greater exposure for every title they produce via the Odobo Developer Program.[5]

Marketing and advertising

As part of their experimental marketing campaign strategy, Coral engaged in the ‘RUN 4 IT’ campaign, requiring brand ambassadors dressed in trademark robber costumes, to physically ‘steal’ customers from competitor bookies. Over the course of this 3 week campaign, punters were encouraged to change their betting habits with the lure of a guaranteed win loyalty card and then walked by the ambassadors to the nearest Coral. This campaign saw a 7% conversion rate and 2,447 customers were ‘stolen’ from 900 bookies.[6]

E-commerce division

The division is the online betting and gambling arm, offering a wide variety of products and betting opportunities both in the UK and internationally:

  • galabingo.com
  • GalaTV.co.uk
  • galacasino.co.uk
  • coral.co.uk
  • eurobet.com
  • sportpress.com

Eurobet serves clients in over 130 countries, providing online sports betting in the following languages: English, French, Spanish, German, Italian, Chinese, Greek, Russian, Turkish, Bulgarian, Swedish, Danish, Norwegian, Finnish, Albanian and Czech.

The Telebet business also forms part of this division.

Other services operated by the division include Gala TV.

Login

Gala TV is a TV gaming channel that launched on 4 October 2006 on Sky Digital and Freesat channels 861. The channel shows bingo games.

International Division

The international division of Gala Coral was formally established on 1 October 2007. The aim of the International division is to develop an integrated multi-brand strategy. The first example of this is Italy with Eurobet retail and eurobet.it

Italy The Group won 403 betting licences in the open market tender in December 2006 under its Eurobet brand.

China The Group set up a joint venture to launch land-based bingo in China, with bingo being seen as the most appropriate point of entry for the Group.

Group History

Coral Eurobet History

Joe Coral (born Joseph Kagarlitski, 11 December 1904) began his bookmaking business in 1926 and, although primarily concerned with operating betting pitches at racecourses, he did open a credit office in the West End of London in 1943.

He was, though, one of the first to take advantage of the new legislation and duly opened his first licensed betting office in 1961. The new law was, however, not intended to encourage betting and therefore shops were positively unattractive in appearance and devoid of any comforts.

By 1962 there were 13,340 betting offices of which Coral owned 23. During the 1970s the situation changed completely and by 1977 four major bookmakers had evolved (including Coral) who owned nearly 24% of the 13,254 shops operating. Coral's number had originally grown to 589 as a result of a merger with another bookmaker, Mark Lane in 1971. By 1975 the company had become the Coral Leisure Group and had diversified to include a variety of other leisure activities comprising social clubs, casinos, hotels and later holiday camps.

In January 1981, however, the Coral Group was acquired by Bass plc and although it continued to retain the Coral name it became an integral part of the growing Bass Leisure. Bass is one of the oldest established UK companies, William Bass having started the brewing operation in 1777.

With Bass support the number of Coral shops continued to grow during the 80's via acquisitions of Bartletts and Heathorns in 1984, with 13 and 47 shops respectively, PTS in 1985 with 41 shops and Leisure Bookmakers in 1989 with 60 shops.

The private ownership meant that more acquisitions were to come and by the time Coral joined Gala the number of shops had grown to 1260. Coral also owns and operates two greyhound stadiums at Romford and Brighton & Hove (the latter being named the most scenic Greyhound Stadium in the UK), both of which operate using the Coral brand.

At the 2006 UK Gambling Awards, Coral was named 'Bookmaker of the Year'.

Gala History

Gala Bingo was formed in May 1991 when Bass plc purchased Granada Theatre Limited's bingo clubs to merge with their existing Coral Social Clubs for a reported £147 million.[7] Gala was officially launched on 17 October 1991 when 17 clubs re-branded and launched a new image. In 1997 a management buy-in purchased all 130 Gala Bingo Clubs from Bass for £235 million.[8][9] The deal was backed by PPM Ventures (now Silverfleet Capital).

Over the next few years, Gala began acquiring other bingo clubs to increase their portfolio including 17 clubs from Ritz in July 1998 and 10 clubs from Jarglen in March 2000. In April 2000, they added 27 Riva Bingo Clubs from First Leisure for £90 million. Gala diversified outside bingo for the first time when it purchased 26 Ladbroke Casinos for £235 million from the Hilton Group in December 2000. In 2001 it added the Jamba Online business for £1.5m.[10]

Gala Coral Login Online

The owners sold the whole business for £1.24 billion in February 2003 to the private equity firms Candover and Cinven.[11][12]Permira bought a stake in the company in August 2005, which valued the business at £1.89 billion.[13] This transaction occurred just two months before the Gala Group merged with Coral Eurobet in a £2.15 billion deal in October 2005,[14] valuing the business at £4 billion.

The group added another 10 bingo clubs in 2006 when it purchased the County Clubs in Scotland for £64 million.[15] The company spent another £14.5 million in February 2006, when it bought the Leo Casino in Liverpool from Dolby Management Ltd increasing the number of casinos in the estate to 31 (at the time).[16]

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In November 2006, Gala Coral tabled a bid for the 540 state owned Tote licensed betting offices. The sale of the Tote was a manifesto commitment by the Labour Government. The bid was shortlisted, however the group later chose to withdraw it to concentrate on restructuring.

Gala's total clubs peaked at around 174[9] but since 2007 and the introduction of smoking bans in Scotland, Wales and England, this total has now declined to around 140.[17] In their 2012 year-end accounts, the company reported employment of 4,801 staff in their bingo clubs, along with 10,849 in 1,600 Coral shops, 2776 in 25 casinos, 276 in remote gambling and 98 in Italy where it has over 400 betting outlets - plus a further 374 in support staff functions.[18]

References

  1. 'Ladbrokes to merge with smaller rival Coral'. BBC. 24 July 2015. Retrieved 25 July 2015.<templatestyles src='Module:Citation/CS1/styles.css'></templatestyles>
  2. Gala Bingo joins Nectar
  3. Daily Telegraph, 1 August 2007 Issue Number 47,325 Pensioner is bingo's first £1m winner
  4. http://www.coraldugout.com/
  5. 'New Distribution Deal between Gala Coral and Odobo'. bingoreviewer.co.uk. 18 March 2015.<templatestyles src='Module:Citation/CS1/styles.css'></templatestyles>
  6. 'Coral Experiential Marketing Results'. iD Experiential.<templatestyles src='Module:Citation/CS1/styles.css'></templatestyles>
  7. Cinema Organ Society History of Gala Bingo Tooting
  8. Matthew Turner joins Palamon Capital Partners www.palamon.com
  9. 9.09.1About Gala Coral galacoral.co.uk
  10. Gala will spend £3m to make Jamba pay-to-play brandrepublic.com
  11. Leisure - Gala Coral skillscapital.com
  12. Acquisitions galacoral.co.uk
  13. Permira Funds buy stake in Gala permira.com
  14. Casino group Gala snaps up Coral bbc.co.uk
  15. Gala acquires County www.casinocompendium.com
  16. Gala buys Leo Casino casinocitytimes.com
  17. Gala Bingo galacoral.co.uk.
  18. Annual Reports and Accounts 2012 galacoral.co.uk

External links

Gala Coral Interactive

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