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Gala Coral continues to sell its bingo to M&G

Tuesday, 23 December 2014 13:05

Under the agreement with M&G Investments, a gambling group - Gala Coral - has already sold 47 of its UK land-based bingo properties its partner. It is the final stage of the performed changes in the financial structures of the company.

 

The total price of the sold 47 bingo venues plus additional five transactions that are soon to be finished are said to cost around £173.4 million.

 

The sold properties will still be operated by Gala Coral's subsidiary - Gala Retail. The company has also entered into 25-year lasting leases with M&G and paid £34 million to reduce the rent on its bingo properties by around £9 million to £15.5 million per annum.

 

“Today's (Moday’s) announcement is good news for the Gala Coral Group as it further streamlines our financial structure. In addition, the move to current market rents on these clubs for Gala Bingo will enhance the profitability of the business.” - commented Paul Bowtell, chief financial officer at Gala Coral.

 

2
Source: iGaming Business
Date: December 25, 2014
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Published in Casino News

Gala Coral expands its deal with Odobo

Tuesday, 17 March 2015 09:54

Gala Coral Interactive was added to the group of Odobo's latest games distribution partners with the latest deal announced this week.

 

odobo

The subject of the new deal was Gala Coral's Gala Casino and Gala Bingo brands which will give the customers the access to additional 50 games.

"The addition of Gala Casino & Gala Bingo to the Odobo Play app will benefit all parties with two more excellent real-money choices being made available to UK players for their favourite Odobo games. We look forward to a strong partnership with Gala Coral Interactive & thank them for choosing Odobo." said Ashley Lang , founder and chief executive officer of Odobo.

Odobo is gaining a growing popularity among the customers of such popular brands as bet365, Unibet, Coral Interactive and Betfair.

 

2
Source: casinos-online
Date: March 17, 2015
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Published in Casino News

Inspired integrated its RGS for Gala Coral

Thursday, 02 April 2015 09:17

Inspired, the leading provider of Virtual Sports, Mobile Games and SBG Video Lottery, today announces that it has integrated its Remote Gaming Server (RGS), Virgo, into coral.co.uk, galabingo.com and galacasino.com.

 

A number of Inspired’s popular and entertaining games are now live for Gala Coral customers to access on mobile and online. 

 

Gala Coral players can now enjoy a number of Inspired’s iconic and engaging omnichannel slot games, including: 

 

·      Goddess of the Amazon: Inspired’s classic Freespins+ game, with stepped stacked wilds and an extra spins retrigger. This title also features progressive silver and gold jackpots that are incremental between all players

 

·      Drop It: A fun, cascading, symbols bonus game with exploding wilds

 

·      White Knight: A medieval Freespins+ game with super wilds, which also features incremental silver and gold jackpots

 

·      Merlin: A bonus-rich slot game with an engaging wizard theme and increasing jackpots, complete interactive features, such as Wild Fire, Book of Spins for free spins and the Spell of Plenty

 

New games, exclusive for Gala Coral players, are in development in both Inspired’s and Gala Coral’s own in-house games studios. Gala Coral also now has access to distribute its own in-house developed games and selected third-party titles, via Inspired’s RGS, Virgo.

 

Luke Alvarez, Founder and CEO of Inspired, comments: “Inspired is leading the industry charge for omnichannel content delivery. We recognise that players want to be able to access their favourite Inspired games 24/7, on every platform. Plus, by focusing on HTML5 development, we are enabling operators to reach a wider audience of mobile gamers.”

 

Mark Kemp Gaming Director at Gala Coral, adds: “Inspired is an excellent partnership for us across both content and technology. Making Inspired’s best retail gaming titles available to Gala Coral customers online & mobile is important to us, particularly our Coral brand. The Virgo RGS platform provides single HTML5 development across desktop and mobile channels that give us the flexibility to develop and distribute both Inspired’s and our own in-house games studios omnichannel gaming content very efficiently across all our brands and third parties.”

 

2
Source: Gala Coral
Date: April 2, 2015
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Published in Casino News

Gala Coral has added content from Inspired Gaming to its various brands. 


The companies have signed an agreement that resulted in the integration of Inspired Gaming’s Virgo remote gaming server (RGS) on Coral Casino, Gala Bingo and Gala Casino brands. 

 

Players will be able to play Inspired’s games either online or on their mobile devices.

 

Both companies are also working to create new games that will be exclusive to Gala Coral customers. 

 

What is more, Gala Coral can now distribute its own in-house games and selected third-party titles via the Virgo RGS. 

 

Mark Kemp, Gala Coral gaming director said: “Making Inspired’s best retail gaming titles available to Gala Coral customers online and mobile is important to us, particularly our Coral brand. The Virgo RGS platform provides single HTML5 development across desktop and mobile channels that give us the flexibility to develop and distribute both Inspired’s and our own in-house games studio’s omnichannel gaming content very efficiently across all our brands and third parties.”

 

 “Inspired is leading the industry charge for omnichannel content delivery. We recognise that players want to be able to access their favourite Inspired games 24/7, on every platform. Plus, by focusing on HTML5 development, we are enabling operators to reach a wider audience of mobile gamers,” commented Luke Alvarez, founder and CEO of Inspired Gaming. 

2
Source: iGaming Business
Date: April 6, 2015
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Published in Casino News
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