Coral Eurobet Leads Companies
27 Jun 2005
UNITED KINGDOM – As reported by the U.K. Times: "Britian's appetite for a flutter has transformed Coral Eurobet into the country's biggest private company.
"As turnover almost doubled last year to £5.4 billion, the betting and gaming operator knocked retailer John Lewis off the top of the Sunday Times KPMG Top Track 100. The annual league table, published today as a separate supplement for the fourth year, ranks Britain's biggest unquoted companies by their sales.
"Coral Eurobet, acquired three years ago by Charterhouse in an £860m management buyout, has made the most of a change in gambling taxation that has enabled it to introduce hugely popular low-margin betting products…"