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- Gala Bingo is an online bingo and casino offering under the ownership of Entain. Gala Bingo was created in 1991 as a division of Bass plc. It later became an independent company, and then became the Gala Coral Group after acquiring Coral Eurobet in 2005.
en.wikipedia.org/wiki/Gala_Bingo
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The chain began as bingo clubs operated by Bass Leisure, a division of Bass plc. As of 1983, Bass had 22 clubs operating under the Coral brand, and another 24 located in its Pontins holiday camps. [2] That year, Bass purchased a chain of 80 bingo clubs from Thorn EMI for £18.2 million. [2]
Oct 26, 2015 · Britain's biggest bingo chain Gala has been sold in a £241m deal. Caledonia Investments confirmed the deal, first reported by Sky News, which will see it acquire the 130-strong chain of bingo clubs, with a market share of 38%, from Gala Coral.
GALA BINGO LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity.
London-based Caledonia Investments PLC announced last Monday that the Gala Coral Group has agreed to sell Gala Bingo Holdings to the investment trust company in exchange for a £241 million settlement price.
Caledonia Investments, in which the largest shareholding is held by the Cayzer family, has bought Gala Bingo, currently owned by Gala Coral, for £241 million, subject to regulatory approval by the Gambling Commission.
Oct 26, 2015 · Gala Coral will keep ownership of the online bingo website, galabingo.com. Gala Coral has been owned by a number of private equity firms, including Apollo Global Management, Cerberus Capital...
Oct 25, 2015 · The deal will hand Caledonia ownership of more than 130 bingo clubs and a market share of more than 30%. It will surprise leisure industry watchers after a string of other names from the sector and the private equity arena failed to meet Gala Coral’s asking price for the business.