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.

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Company details
CompanyGala Coral
ActivityBetting and gaming operator
LocationCentral London
Sales £m*1,258
Profit £m*334
Year endSep 09
Principal shareholdersCandover, Cinven, Permira and other minor interests

If applicable:

* Supplied by company † Annualised figure