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GALA CORAL GROUP PLANNING IPO?
Monday March 16,2015 : GALA CORAL GROUP PLANNING IPO?
Will gauge market conditions following UK General Elections
Rumours of Gala Coral Group’s supposed preparations to float on the stock market have resurfaced with the Financial Times reporting a planned flotation date in the fourth quarter of 2015.
According to the publication, Gala Coral will gauge market conditions following May 2015’s UK General Election before forging ahead with plans.
Financial Times reports Goldman Sachs and Morgan are informally advising the Group with regard to a potential IPO that would value the company at around GBP 2 Billion.
The company, owned by a cluster of private equity firms and hedge funds, including Apollo Global Management, Cerberus Capital Management, Anchorage Capital Partners and Park Square Capital, was said to have been considering an IPO back in September 2013 as it launched a strategic review of its business that involved the potential sale of its Coral betting shops and Gala bingo halls
Gambling News :
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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