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GALA CORAL DELIVERS ROBUST FULL YEAR RESULTS

Thursday November 20,2014 : GALA CORAL DELIVERS ROBUST FULL YEAR RESULTS
 
Significant investment in online and mobile delivering the goods
 
Gala Coral delivered an upbeat full year 2014 report this week with the company showing strong underlying growth in all major divisions and its recently launched online business "paying off strongly".
 
Key performance indicators for the full year ending September 27, 2014 include:
 
-     Group gross profit amounting to GBP 890 million, up 9 percent on FY2013.
-     Total group EBITDA of GBP 235.5 million, 14 percent ahead
 
Online and mobile were star performers, key performance highlights include:
 
Online:
 
-     Coral.co.uk actives grew 70 percent and gross profit 134 percent
-     A three-fold increase in Sportsbook Bet-In-Play stakes
-     Galabingo.com saw an increase in spend-per-active of 23 percent and gross profit was ahead 18 percent
-     Galacasino.com grew actives by 14 percent and gross profit by 36 percent
 
Mobile:
 
-     Percentage of actives using the mobile platform increased across all brands:  Coral.co.uk 67.2 percent, Galabingo.com 54.3 percent, Galacasino.com 48.7 percent and Eurobet 45.3 percent.
 
Chief executive officer of the Gala Coral Group, Carl Leaver said: "The Group's financial performance in the full year was very pleasing with all major divisions reporting underlying growth in both gross profit and EBITDA.
 
"The significant investment in launching our new Online business is paying off strongly, with gross profit up 54 percent and EBITDA up 104 percent."
 
The momentum continues as current trading for the first 7 weeks of the new financial year shows growth in the online division "continuing on the same trajectory as FY14".



Gambling News :

Box 24 Launches 3 New Slots - This week sees the addition of 3 New Games at Box24 Casino. Check them out they all seem pretty interesting.

Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

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