Gala Coral Posts Strong Financials, Combats Ladbrokes Deal Criticism
trianons 2020-07-15T03:48:17+00:00Gala Coral Posts Strong Financials, Combats Ladbrokes Deal Criticism Irish businessman Dermot Desmond is against Ladbrokes and Gala Coral unifying, but that stance could change after Gala posted strong 2015 earnings. The Gala Coral Group announced Monday that its Internet gaming arm could be the ‘fastest growing in the UK online gambling market,’ web revenues for the division a full 36 % higher than the year that is previous. Earnings before interest, income tax, depreciation, and amortization (EBITDA) for online gambling rose 14 per cent to £56.2 million ($85 million). 972,000 first-time depositors were additionally acquired during the fiscal 12 months, [...]