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.
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 With most bets now placed online using websites and mobile apps, that is fast becoming an outdated rule, but it works for the business to be Ladbrokes Coral but keep things as normal, running as the red of Ladbrokes and the blue of their one-time enemy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.
Bettors at Coral can place limits on the amount of money that can be deposited within a particular timeframe, close accounts, self-exclude from the site and restrict access to certain … Read more
Here we are going to show you how to place an accumulator on Coral. Coral currently offers a football Super Series, where bettors guess the outcome of four different occurrences … Read more
Depositing funds into your Coral account wallet is fast, with instant processing times and no fees. Most of the world’s favourite online payment methods can be used to add money … Read more
GambleAware is the leading charity in the UK committed to reducing gambling-related harms. As an independent national charity funded by donations from the gambling industry, GambleAware funds education, prevention and treatment services and commissions research to broaden public understanding of gambling-related harm. The aim is to stop people getting into problems with their gambling, and ensure that those that do develop problems receive fast and effective treatment and support. Click here to visit the site and find out more.
Affiliate Disclaimer : OnTheBallBets is available to users who are 18 years or older. The site is free to use, but we may receive commission from bookmakers and websites we recommend throughout our content.
