Gala Coral is one of Europe’s biggest betting and gaming operations with 146 bingo clubs, 27 casinos, internet betting businesses and nearly 2,000 betting shops. The company’s performance has been badly hit in recent years by the smoking ban, higher taxes and changes in gambling regulation. As a result, Gala is finalising a restructuring of its net debt of £2.6 billion, which will have a big effect on its ownership structure. Led by executive chairman Neil Goulden, the company’s turnover in 2009 was £1,258m.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.