Joe Coral founded the bookmakers from a pitch at a racecourse, so it’s little surprise that the modern day version of the company continues the excellent coverage of horse racing that it’s always offered. Of course, good bookies more with the times and Coral know that football is more popular today than horse racing ever was back in Joe’s day, so they do well to cover as many different footballing markets as they can. They also have high street shops, so you can interact with your online account in person if that’s the sort of thing you enjoy.
Whilst horse racing and football are big markets for Coral they are far from the only ones that are offered. In fact, Coral offer one of the biggest selections of sports from an online bookie, so if you’re the sort of person who likes a flutter on a slightly more random event then this is the place to head. Coral are also good at offering live streaming and In-Play betting, should either of those things be a box-ticker for you. If you’re betting on the most popular sports then you’ll get very competitive odds, which is one of the key things for most punters.
GVC Holdings have completed their takeover of the Ladbrokes Coral Group, which was first mooted in December of last year. The deal could be worth up to £4 billion, depending on the outcome of the government’s current investigation in the the maximum stake on Fixed Odds Betting Terminals.
The Competition and Markets Authority has put the rubber stamp on the completed merger of Ladbrokes and Gala Coral. The CMA was initially concerned about a lack of competition in certain parts of the country but the merger has now been completed after the sale of three hundred and fifty-nine shops to Betfred and Stan James.
Coral have launched a new card that will act as a single wallet location across all of their betting platforms. The Coral Connect card will allow customers to add funds to it in store and then place bets with those funds online, provided they have a Coral account. Coming in ahead of the World Cup, it will let customers use Coral’s services whenever a match is on.
Coral is an integral part of the European gambling conglomerate Gala Coral Group, which – through Coral and its other brands – focuses on the UK and Italian gambling markets.
Coral itself is the third largest retail bookmaker in the UK and enjoys a market share of some 20% through its 1700+ estate of bricks-and-mortar shops. Their interactive division covers its online, telephone and mobile operations, and their website has been live for over a decade at the time of writing.
That website – coral.co.uk – is operated by Gala Interactive (Gibraltar) Limited (one of Gala Coral Group’s other businesses) and its subsidiary Coral Interactive (Gibraltar) Limited, who are, as you might guess by the company names, based in Gibraltar, licensed by the Government of Gibraltar and regulated by the Gibraltar Gambling Commissioner.
Despite being based in Gibraltar, because much of Coral’s custom comes from the UK market, they are required to adhere to the United Kingdom Gambling Act 2005, which, among other things, aims to ensure that gambling is conducted in a fair and open way, a sentiment Coral fully embrace.
With a strong focus on sports betting, Coral offers a highly effective sportsbook that covers an extensive variety of sports and a vast range of markets. They offer in-play betting on many sports, with football their most regular offering, and the sportsbook is also available on any mobile devices that incorporate a browser simply by typing in the usual URL.
Aside from the sportsbook, Coral offer casino, live casino, games, poker and bingo products, so they are as wide-ranging as any of their rivals. At present only the games – along with the aforementioned sportsbook – is available on mobile devices, but other products are likely to be added in the future.
So while Coral is predominantly known as a sports betting company, they have embraced, and seemingly excelled, in other areas of the gambling industry and offer customers an excellent choice of high-quality gaming products.