Gala Coral net revenue improves

The net revenue jump was supported by a 38% increase in online revenue to £123.3m.

Gross profit rose 5%, up to £492.4m, and EBITDA went up 10% to £135.4m.

Gala Coral CEO Carl Leaver said in a press release: “The first half saw a number of regulatory changes introduced: the higher rate of MGD came into effect at the start of March and new restrictions covering high stakes (>£50 on FOBTs) were implemented at the start of April. The impact on volumes in the first few weeks is in line with our expectations.”

Gala Coral also explained that “poor margins in the UK in Q2 (albeit to a lesser extent than in Q1) have increased the year-to-date adverse EBITDA impact to approximately £17m, broadly in line with the adverse impact in the prior year”.

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David Cook

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David Cook served as an editor and writer for Gambling Insider from 2018 to 2020, where he played a central role in shaping the publication’s editorial direction. He oversaw the creation and implementation of the broader editorial strategy for Gambling Insider and its related publications, managing the production of 30 print magazines annually while also contributing to the management of GamblingInsider.com and a weekly digital newsletter.

During his tenure, David led the publication’s largest editorial team to date, guiding its expansion and ensuring consistent, high-quality output across all channels. He also hosted and helped launch the GI Huddle podcast, a project he was proud to bring from concept to reality.

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