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Ladbrokes Coral is a British gambling company founded in 1886. Its product offering includes sports betting, online casino, online poker, and online bingo. The Ladbrokes portion of the group was established in 1886, and Coral in 1926. In November 2016, the companies merged to create Ladbrokes Coral Group. Since March 2018, it has been owned by ...
Cashcade Ltd is a UK-based online gambling marketing company that is now a wholly owned subsidiary of GVC Holdings. Cashcade was originally acquired by PartyGaming PLC in July 2009. [ 69 ] The company became part of the GVC group when it was purchased as part of the acquisition of bwin.party digital entertainment in February 2017.
The UK Government, however, ordered Ladbroke to sell Coral after the Monopolies and Mergers Commission found that the acquisition was anti-competitive. [8] The Coral business, except for 59 shops in Ireland and Jersey, was sold in a management buyout financed by Morgan Grenfell Private Equity for £390 million in February 1999.
James Joseph Mullen (born June 1970) is a Scottish businessman, the chief executive (CEO) of Reach plc, the UK's largest commercial news publisher, with titles including the Daily Mirror, the Daily Express and InYourArea. He is the former CEO of Ladbrokes, the high street betting chain.
In 2019, Ladbrokes Coral Group were required to pay a £5.9m fine for past failings in anti-money laundering and social responsibility, according to the UK Gambling Commission.
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.
The Paddy Power and Betfair owner saw shares slump by more than a tenth in early trading.
BetStar were acquired by British bookmakers Ladbrokes Coral (formerly Ladbrokes) in 2014. [2] In 2018, Ladbrokes Coral (and therefore Betstar) were acquired by gaming group Entain (formerly GVC Holdings). [3] Betstar employ 40+ staff split between the Melbourne & Darwin offices. Betstar turns over in excess of $275 million per year.