Coral is a British bookmaker founded in 1926 and owned by Entain since its 2018 acquisition of Ladbrokes Coral, operating betting shops across Britain and an online sportsbook, casino, bingo and games business licensed by the Gambling Commission, sharing the group's retail estate and platform with Ladbrokes. Its Coral Racing Club and racing sponsorships keep it closely tied to British horse racing, and it is one of the three largest British retail bookmakers.
The Ladbrokes and Coral owner puts the Budget's five-point rise in duty on its shop machines at about £25 million a year before mitigation, an eighth of its estimate for last year's online tax rises. It expects to offset it all by the end of 2028 and has left its guidance unchanged.
The former Coral managing director will leave the racecourses' trade body on 31 December, ten days after it replaced him on the British Horseracing Authority board. No reason was given and no successor named, six days before a Budget that could raise machine games duty.
Mr Justice Cawson found Entain could not say who drew the Coral and Ladbrokes logos, when, or how it came to own them, eleven months into the case. The trade mark claims over 18 marks go on to trial.
Entain has disclosed two separate TR-1 notifications of major holdings through the London Stock Exchange's Regulatory News Service, signalling movement in the FTSE-listed operator's share register at a time of ongoing strategic repositioning.
The UK's Remote Gaming Duty has doubled overnight. Industry insiders are warning of a spiral effect that could permanently reshape Britain's licensed gambling market, and nobody, including the Treasury, knows where it ends.
The latest operator data from the UK Gambling Commission (UKGC) shows Britain's retail betting shops are in a state of terminal decline, irrespective of any
Entain, the multinational betting group behind brands like Ladbrokes and Coral, is reportedly facing a new legal challenge from a consortium of heavyweight