LC International Limited Casinos
Welcome to the world of LC International Limited, a company with a rich history in the online gambling industry.
From its humble beginnings to its current position as a leader, LC International has seen many changes and re-brands. This company aims to provide great gaming experiences for its customers. It has become a strong player in the industry. So sit back, grab a cup of tea, and join us as we explore the exciting world of LC International casinos.
You may have seen LC International Limited appear on your bank statement, and here is why. LC International Ltd is a gambling operator based in Gibraltar, part of Entain Group (formerly GVC Holdings).
Ladbrokes and Coral Group, two of the UK’s largest bookmakers, founded the company in 2004 as a joint venture.
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License Information and Associated LC International Casinos
This information is from the Gambling Commission, a UK government regulatory body. The public register lists it under LC International Gibraltar, a business with account number 54743. This business’s head office is Suite 6, Atlantic Suites, GIBRALTAR, GX11 1AA, Gibraltar. The information provides a list of domain names associated with this business, indicating whether they are active or inactive.
Here is the information in a table format:
| Detail | Information |
|---|---|
| Business Name | LC International Limited |
| Account Number | 54743 |
| Head Office Address | Suite 6, Atlantic Suites, GIBRALTAR, GX11 1AA, Gibraltar |
| Domain Names | betdaq.com (Inactive), sportingbet.uk (Inactive), bwin.com (Active), cheekybingo.com (Active), coral.co.uk (Active), foxybingo.com (Active), foxygames.com (Active), galabingo.com (Active), galacasino.com (Active), galaspins.com (Active), gamebookers.com (Active), ladbrokes.com (Active), partycasino.com (Active), partypoker.com (Active), sportingbet.com (Active), www.partysports.com (Active) |
History of LC International Limited
The company initially operated as a joint venture, with Ladbrokes owning 75% and Coral owning 25%. Ladbrokes and Coral Group formed this joint venture to provide online gambling services in the UK and Europe. The two companies used to run their own online gambling services.
Ladbrokes had an online casino, while Coral had an online sportsbook. By combining their services, the companies could offer a more comprehensive service to customers.
In 2005, the company launched its first online casino platform and began to expand its gaming offering. This included offering slot games from different game developers. It also included table games like blackjack, roulette, and poker, as well as live dealer games.
In 2010, LC International Limited bought Eurobet Italia S.p.A. This Italian online gambling provider helped LC expand in that market.
In 2016, LC International Limited joined forces with GVC Holdings PLC (formerly Bwin.party Digital Entertainment) to form a new joint venture called GVC Holdings PLC (GVC). GVC is now one of the world’s leading gaming groups, operating in over 20 countries. In this joint venture, LC International Limited gave all its assets and debts to GVC Holdings PLC.
GVC Holdings then became the only owner of LC International.
In 2018, GVC Holdings PLC changed its name to Entain Group. It also bought Ladbrokes Coral Group plc, which was once Gala Coral Group Ltd. This acquisition brought together two of Europe’s top bookmakers. It helped Entain Group become one of the largest sports betting companies in the world.
As part of this acquisition, LC International Limited is now a fully owned subsidiary of Entain Group. It continues to offer online gambling services to customers around the world.
Today, Entain Group is a top global gaming company. They offer sports betting, casino games, bingo, and virtual sports. These services are available on many platforms, including the web, mobile, and retail. Its portfolio includes brands such as Ladbrokes, bwin, Coral Sportsbook, Eurobet Italia S.p.A., Foxy Bingo and Partypoker, with operations in over 20 countries worldwide.
LC International Limited continues to be a key part of Entain’s global operations, providing customers with an extensive range of online gaming products and services from its headquarters in Gibraltar.
LC International Ltd. is part of the Entain Group
The Entain Group is a leading global sports betting and gaming group with a heritage stretching over 100 years. The Group operates out of Gibraltar. It is one of the largest public sports betting and gaming companies in the world. The company has more than 23,000 employees around the globe.
The Group owns some of the most popular online gaming and sports betting brands in the world. These include bwin, Ladbrokes, Coral, Sportingbet, and PartyPoker.
The Group operates in over 20 countries in Europe, North America, Latin America, and Asia Pacific. It provides a wide range of sports betting and gaming services through different channels. The Group has strong partnerships with top sports leagues and media organizations. These include the NFL, NBA, UEFA Champions League, and Premier League.
Entain’s Gibraltar branch provides financial services to its global businesses. It also plays a key role in designing, developing, and operating technology solutions. These solutions support all parts of the Group’s operations.
LC International Ltd Gambling Revenues
The company is listed on the London Stock Exchange and operates in over 20 countries. In 2020, Entain reported total revenues of €3.7 billion, an increase of 13% compared to 2019. The group’s net gaming revenue increased by 13% to €2.6 billion, while sports betting revenue rose 14% to €1.1 billion. The gross profit for the year was up 16% to €1.3 billion, while the operating profit increased by 9% to €444 million.
Entain’s results showed strong performance in its main products and markets. Online gaming revenue rose by 11% to €2.4 billion. Sports betting revenue increased by 14% to €1.1 billion. The group focused on customer safety and responsible gambling.
In 2020, it invested a record €90 million. It also expanded into new markets like the US and Germany, achieving positive results.
The company reported strong cash flow in 2020. Free cash flow increased by 5% to €224 million. This was despite the impact of COVID-19 on some parts of the business. Entain made several important purchases this year.
They bought bwin Party Digital Entertainment and Enlabs AB. They also formed a joint venture with MGM Resorts International in the US.
Overall, Entain Group reported a very successful year financially despite the challenges posed by COVID-19, with solid growth across all key metrics, including revenues, gross profits and operating profits. The company’s focus on customer safety and responsible gambling also saw it invest heavily in 2020, which should help position it for further growth in 2021 and beyond.
Company Structure of LC International Ltd (Gibraltar)
Nine members make up the Entain Group Board. Barry Gibson, who joined the company in 2017, chairs the board. The other board members are: – John O’Reilly, CEO – Janice Melvin, CFO – Mike Smith, COO – Richard Goulding, CCO – Bill Robinson, CHRO – John Smith, Non-Executive Director – Graham Stapleton, Non-Executive Director
The Board also includes three independent non-executive directors: Mark Robson, who joined in 2019 and is the Chairman of the Nominations Committee; Michael Simpson, who joined in 2020 and is the Chairman of the Remuneration Committee; and Stuart Mitchell, who joined in 2020 and is the Chairman of the Audit Committee. The board has executive responsibility for the strategic direction of the Group and its business plans. They review performance against corporate objectives and risk management.
The board also sets standards of corporate governance and monitors their effectiveness. The Management Team consists of senior executives. They are in charge of guiding Entain’s strategy and operations. This team includes John O’Reilly (CEO), Janice Melvin (CFO), Mike Smith (COO), Richard Goulding (CCO), and Bill Robinson (CHRO).
Overall, the Entain Group is a great place to gamble. It offers many safe and secure gambling products for its customers. It also provides attractive bonuses and promotions that help to attract new players and keep existing players engaged.
Why is LC International on my bank statement?
If you see LC International on your bank statement, it means you likely made a deposit. This deposit was probably on one of the websites we mentioned. Suppose you didn't make the deposit and feel it could be a mistake. In that case, we suggest visiting one of the LC International Limited Casinos or gambling sites listed. You can also contact Live Help for more information.