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Tag Archives: Caledonia Investments. bingo

UK – Gala Coral sells off Gala Bingo to Caledonia Investments

Gala Coral has cleared the path to its £2.3bn merger with Ladbrokes by selling its Gala Bingo division to investment trust Caledonia Investments for £241m. The deal will include 130 clubs operated by Gala Bingo who boasts more than 1.1m active members. It will not though include Gala Coral’s branded online bingo offering, galabingo.com. Gala’s…