Coral

Consumer

Coral is a leading chain of licenced retail betting offices.

Coral is a leading chain of licenced retail betting offices.

Coral is a leading chain of licenced retail betting offices. It provides principally small ticket, high volume, fixed odd betting services to the general public on the outcome of sporting events.

Coral was founded at the beginning of the UK bookmaking industry in the 1960s and by the time of the Charterhouse acquisition Coral was the third largest chain in the UK with 870 shops.

Charterhouse sold Coral to Gala, a leading bingo and casino operator to become Gala Coral Group in October 2005. During the period of ownership, Charterhouse worked closely with the management to expand the retail network to more than 1,250 shops, acquire smaller chains and focus on new product innovation and e-commerce.

Deal size

£875m

Date

2002

Location

UK