Tag Archives: gala coral group
- Merged Ladbrokes Coral more profitable than William Hill
January 18, 2017
Newly fused gambling operator Ladbrokes Coral Group closed out the old year with a bang, despite December’s punter-friendly sporting results. On Wednesday, Ladbrokes Coral issued an unaudited trading update, which forecasted FY2016 pro forma operating profit to come in between £275m-£285m, with Ladbrokes contributing £101m and the Gala Coral Group...
- GVC boosts dividend after positive trading update
December 15, 2016
UK-listed online gambling operator GVC Holdings handed shareholders an early Christmas present following an encouraging trading update. On Thursday, GVC announced that it had enjoyed continued “strong trading performance” through Q4 2016, allowing the company to project that its full year earnings will come in at the upper end of...
- Report: Ladbrokes-Coral looking to acquire Tabcorp
November 27, 2016
Newly combined UK betting powerhouse Ladbrokes Coral is reportedly making a play to acquire Australian betting operator Tabcorp Holdings. The Mail on Sunday issued a report this weekend claiming that Ladbrokes Coral were planning a “multi-billion pound bid” to acquire the Australian operator. Lads-Coral is said to have appointed advisers...
- Coral and Digital Sports Tech Launch Play Bets App
October 31, 2016
UK bookmaker Coral and B2B software provider, Digital Sports Tech, have partnered to launch a new ‘Player Bets' app that allows punters to bet on the individual performances of players. Peter Drucker once said that the purpose of business is to create and keep a customer, meaning that the client...
- UK competition watchdog formally okays Ladbrokes-Gala Coral merger
October 26, 2016
The UK competition watchdog has formally approved the merger of gambling operators Ladbrokes and Gala Coral Group. On Wednesday, the UK Competition and Markets Authority (CMA) officially approved the sale of 360 betting shops to Betfred, Stan James and Bet 21, which was announced 10 days ago. The CMA had...
- Ladbrokes digital a Q3 star; Boylesports to challenge Lads-Coral shop sale
October 18, 2016
UK-listed betting operator Ladbrokes says it enjoyed a strong showing by its digital division, thanks to a near doubling in its Australian revenue. On Tuesday, Ladbrokes issued a trading update covering the three months ending Sept. 30, in which overall revenue improved 12%, despite “two very painful, loss-making meetings” at...
Ex-Ladbrokes Australia boss to roll-out new online lottery
September 4, 2017
Ladbrokes Australia fined (again) for inducing gamblers
April 7, 2017