Sale of Gala Bingo Retail Operations Pending Approval


Gala Coral has moved ahead with the sale of its Gala Bingo retail business to Caledonia Investments plc for a GBP 241 million consideration.

All 130 Gala Bingo clubs were included in the sale, which is still pending British Gambling Commission approval.

Gala Coral will still own the Gala brand, Galabingo.com and Galacasino.com. The clubs will retain the Gala name as a result of a licensing agreement between both companies.

Carl Leaver, chief executive of Gala Coral said, 'We are very pleased to have agreed the sale of Gala Retail, following a competitive process. The sale is another transformative step for Gala Coral Group, following the turnaround of the business over the past few years.'

Bingo Society News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

5mins ago someone from us flag United States read article Supermarket clerk steals winning lottery ticket

Bingo Community

Share this page on:
Follow LBB on:
Follow LBB

Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.

In the last 24h

Totals

  • New Members
    4
  • Members Online
    14
  • Guests
    974


eighteen plus only

Follow LBB on Facebook Follow LBB on Twitter Follow LBB on Pinterest Follow LBB on Google plus

DON'T MISS OUT!

Subscribe to our newsletter and get access to tournament codes, the biggest and best exclusive offers, new brand alerts, rogue reports and more!

Enter your email adress:

T&C's Apply. 18+


You have been successfully subscribed to receive LBB newsletter!