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Coral was born as Joseph Kagarlitski in Warsaw, [1] then part of the Pale of Settlement in the Russian Empire in 1904, to a Jewish family. [3] Coral considered himself to be Russian, rather than Polish.
Joe Coral (born Joseph Kagarlitski, 11 December 1904 [1] – 16 December 1996 [2] [3]) was a bookmaker and entertainment businessman, most famous for founding Coral bookmakers. Coral was born as Joseph Kagarlitski in Warsaw, [1] then part of the Pale of Settlement in the Russian Empire in 1904, to a Jewish family. [3]
- The Early Years
- The Move to Becoming A Bookie
- The First Shops Open
- A Man with Integrity
- The Marketing Genius
- The Sale to Bass
- Life After Joe’s Death
Joseph Kagarlitsky’s father was from Kiev, which had become part of the Tsardom of Russia in 1667 and was still an important part of the Russian empire during the early part of the 20th century. For this reason, Joe actually saw himself as a Russian more than a Pole, in spite of the country he was born in. There is also evidence of some German in t...
Coral liked betting, placing both his own as well of those of colleagues with street bookmakers. This formed the basis of his decision to become a bookie himself, saying, “Having given this bookie an average of four to five pounds a week for weeks on end, I thought if only I had the pluck to put those bets in my pocket, I'd become a rich man in no ...
One of the ways in which he ended up on the wrong side of the law was thanks to his off-course cash operation, used to supplement the legal track pitches and credit business that he operated. The good news for Joe Coral came in 1960, when the Gambling Act confirmed that high street bookmakers would be legalised from the first of May 1961. He was in...
It became something of a saying that punters would have ‘never a quarrel’ if they ‘bet with Coral’. Joe Coral’s son, Nicholas, said that the firm’s success was largely down to his father’s integrity and incredibly high standards. Joe’s willingness to let him family become an important part of the business probably points to that, with his son Berna...
Joe Coral wasn’t just a good mathematician. His time working with the advertising agency in his youth rubbed off, which is why he made one of the conditions of the merger with Lane the fact that the new company would bear the name ‘Coral’. It came at a time when Cyril Stein was eyeing up Coral for a takeover, so was a defensive move as much as anyt...
Coral continued to grow with every passing year. By 1979 it had become the Coral Leisure Group, matching the bookmakers with a variety of other businesses including hotels, squash clubs, bingo halls and even Pontins holiday camps. The company had also begun to open casinos, gaining a casino licence that allowed it operate on more than just the spor...
In September 1998, the sale of Coral to the Ladbroke Group was agreed by Bass, who stood to make £363 million in the process. The British government decided that it fell foul of the rules of the Monopolies and Mergers group, however, so the sale fell through. Instead, with the exception of 59 shops located in Jersey and Ireland, a management buyout...
Mar 28, 2021 · 15 celebrities you might not know are Jewish. Jack Black, Harrison Ford, and Zoe Kravitz. Francesco Prandoni, Jason Kempin, Robert Kamau/Getty Images. This story is available exclusively to ...
- Henry Blodget
Alfie Bass (1916–1987), actor [11] Gina Bellman (born 1966), actress [12] John Bennett (1928–2005), actor [13] Inez Bensusan (1871–1967), Jewish actress, playwright and suffragette in the UK. She was a leader of the Actresses' Franchise League and the Jewish League for Woman Suffrage.
Coral is a chain of betting shops in the United Kingdom, owned by Entain. The Coral business was established by Joe Coral in 1926. It grew into an entertainment conglomerate before undergoing a series of ownership changes starting in 1981. As of 2015, Coral had 1,845 shops across the country. [1]
Coral is one of the three venerable old giants of sports betting in the UK, along with William Hill and Ladbrokes. It dates back to 1926, when Joe Coral used money borrowed from a local shop owner to operate pitches at two local greyhound tracks. Today Coral has betting shops all over the UK, as well as a growing web division.
