Coral Eurobet Leads Companies
Last updated: 13/03/2008 16:26
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The UK's appetite for a flutter has transformed Coral 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.
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