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Satisfactory Second Quarter For Gala Coral

Monday May 27,2013 : GALA CORAL REPORTS SATISFACTORY SECOND QUARTER 2013
 
Growth in interactive and Italian retail
 
Gala Coral Group released its results for the 12 weeks ended April 13, 2013 presenting what it terms as "satisfactory" progress.
 
The Group's Coral Retail division performed well as opposed to Gala Retail which suffered from poor weather and the broader consumer environment over the second quarter, a company statement said.
 
Italian retail and online operations showed good progress and strong volume growth.
 
Key Performance Indicators include:

  • Group turnover of GBP 311.3 million (Q2/2012: GBP 284.4 million), up 9 percent
  • Gross profit of GBP 234 million (Q2/2012: GBP 221.6), up 6 percent
  • EBITDA (pre-exceptionals) of GBP 74.2 million (Q2/2012: GBP 71.8 million) up 3 percent

The company said its Coral Interactive division showed strong growth in the second quarter of trading following the re-launch of its online and mobile sites, delivering a 116 percent rise in active player numbers, 120 percent increase in amounts stakes and a 110 percent rise in gross win.
 
Gala Interactive active player numbers increased by 43 percent, staking levels by 35 percent, and an increase in EBITDA of 27 percent.
 
Carl Leaver, Group Chief Executive of Gala Coral Group, commented: “Both interactive businesses grew volumes strongly and Eurobet Italia continued to take market share both in its shops and online, with more growth to come following the acquisition of 500 new shop licences."



Gambling News :

NHL Odds: Lightning go for Season Sweep Over Red Wings - The Tampa Bay Lightning (37-29-9) have been doing everything possible to make a fourth straight appearance in the Stanley Cup Playoffs. Without star centre Steven Stamkos, Nikita Kucherov (38 goals, 40 assists) and Victor Hedman (15 goals, 47 assists) have stepped up and will look to continue their strong play against the Wings. Game time is 7:30 PM ET on FS-D.

MPN Charity Poker Tournament at ICE 2017 - During what was a busy three-days for Microgaming at ICE Totally Gaming 2017, the MPN team enjoyed a charity poker tournament with Microgaming operators on Tuesday 7 February.

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

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