Gala Coral Releases Financial Results

This story was published more than 10 years ago.

UK based internet betting firm has announced that it has released its latest financial results, noting that company earning were up 25% for the company's third quarter.

Key financial indicators for the quarter ending July 6th, 2013 were:

  • Earnings up 25% to £6.6 million

  • 15% rise in active customers to 197,100

  • Coral Interactive delivered a 105% increase in gross profit to £3.9 million following a 41% increase in active player numbers

  • Gala Interactive achieved a 28% increase in active customers, driving a 44% increase in wagers and a 27% rise in gross profit to £2.6 million

  • Sports betting turnover up 160% to £67.4 million and gross win up 119% to £4.6 million

  • 424% surge in Gala Casino’s active customers to 38,800

  • Casino turnover up 128%, with gross win rising 190% and gross profit leaped rocketing up188% to £2.1 million

  • Gala Bingo actives were up a more modest 4%, generating turnover up 23%, and gross profit gained up 13% to £10.3 million

  • Eurobet Italia online sportsbetting pushed its market share up to 9% from last year's 7.2%

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About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.