In the UK, Gala, the well-known
casino company is scheduled to buy Coral Eurobet for a
reported $3.87 billion (US). With this new purchase of
the gaming company, Gala will then become
Europe's biggest privately-owned casino gaming group.
Gala's casinos and bingo halls
will be amalgamated with Coral's betting enterprises and
dog racing tracks.
The new immense business will be
worth more than 4 billion (UK), with more than 2,225,000
million casino customers visiting a remarkable 1,450
casino style facilities.
Neil Goulden, Gala's chief
executive, says that wagering and bingo would benefit
from deregulation.
Both companies involved also
have a strong presence in the online casino market. This
will no doubt be a major focus from the new merge.
