Coral Eurobet is Britan\’s biggest private company

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According to the Sunday Times\’s KPMG Top Track 100, the annual league table which ranks unquoted companies by their sales, last year, Coral Eurobet almost doubled turnover to £5.4billion with operating profits of £145million.

The company, founded in 1926 and acquired by Charterhouse Development Capital in an £860m buy-out in 2002, now have more than 1,200 shops and have benefited considerably from low-margin betting products such as fixed odds betting terminals.

It has also doubled the size of its telephone-betting operation, launched two new internet poker sites and grown its traditional sports betting, with almost three-quarters of the group\’s internet business now coming from outside Britain.

Done Brothers Bookmakers, rebranded as Betfred, also feature prominently and have climbed 33 places to 56th place in the league, with sales of £568m and operating profits of £12m.