Coral Bookmaker Wiki & Sports Betting Guides

Ownership

Entain owns Coral and has a portfolio that includes some of the most famous bookies.

Formerly known as GVC Holdings, Entain is an international business that is listed on the London Stock Exchange and a big hitter in the FTSE 100 Index. It was founded in 2004 and has grown at an incredible rate, having a huge impact on the sports betting and gambling sector. Entain has bucked the trend set by many of their competitors who are based in Malta or Gibraltar. They have stayed closer to their roots and have a headquarters in Douglas, the capital of the Isle of Man.

The numbers involved show Entain mean business with chairperson Barry Gibson and CEO Jette Nygaard-Anderson overseeing a near 530 million Euro operating income but this story is more interesting than the bare figures. Let’s find out a bit more about who owns Coral bookmakers. By the end of this article, you’ll realise you knew more about this business than you could have imagined.

Other Holdings

Etain doesn’t just own Coral bookmakers. It has some of its biggest rivals in its portfolio. The most famous is Ladbrokes meaning the one-time great rivals of the UK betting industry are now partners. Ladbrokes and Coral went through a merger a few years ago to become the one bookmaker, but they continued to trade under separate names.

This was to get around a long-standing rule in the UK that banned any betting firm from having a monopoly over the high street. With most bets now placed online using websites and mobile apps, that is fast becoming an outdated rule, but it works for the business to be Ladbrokes Coral but keep things as normal, running as the red of Ladbrokes and the blue of their one-time enemy Coral.

Entain are also the current owners of sportsbook betting sites Bwin and Sportingbet, as well as casino brand PartyPoker. Betboo, BetMGM, Gamebookers, Neds, PartyCasino, Casino Club, Gioco Digitale, Cashcade, Foxy Bingo and Foxy Games are other titles that are part of the Entain family, a family that continues to thrive and flourish.

Coral Sports Betting Guides & Tutorials

Coral App

No matter where you are, Coral’s downloadable mobile app gives you the opportunity to bet on the move. Compatible with both iOS and Android devices, the app is a scaled-down … Read more

coral free bet

Coral New Customer Offer

Making a profit from sports betting can be difficult, so any advantage you can gain is welcome. When that advantage is free, you should definitely be interested!  The free bet … Read more

Who Owns Coral Bookmakers?

The Entain brand may not mean much to everyday sports bettors, but this company is a superpower of the online sports betting industry.