Gala Coral has announced healthy Q1 results for 2014-2015, in spite of the recent point of consumption tax laws.
Gross profits have increased by 5% to £267 million in the 16 weeks running up to 17th January 2015. Group earnings improved by 11% to £67.3 million.
But it’s the online business where Gala Coral are really shining; earnings jumped up to a massive 27% to £45.6 million.
Carl Leaver, chief executive officer, said driving the online, multi-channel and Italian business were the key factors for the impressive results. He continued to say that the online business was showing strong growth whilst football margins were disappointing.
Despite the point of consumption tax biting down on online bingo sites, it seems Gala Coral are still managing to stay strong. We aren’t surprised that it was the online results that really made a difference.
Gala Bingo is one of the more impressive online bingo sites thanks to a great design, regular promotions and a vibrant community. We reviewed them recently and was blown away by the Gala experience. Virtue Fusion powers their software making for a fluid experience. We can see why Gala Bingo’s slogan is play happy with a lack of things to moan about!
If you want to go see what all the fuss is about, Two Little Fleas has a special Gala Bingo offer; deposit £10 and play with £45! That’s a tasty 350% first deposit bonus that’s too hard to ignore!
Stay tuned to find out how other bingo sites are faring in the following months!
This post currently has no comments, be the first.
Leave a Comment