LC International Limited
Transactions from the following sites may show up on your bank statement as being LC International or LC International Limited.
If so there is nothing to worry about as it is the Gambling Commission licence name for Ladbrokes Coral which is part of the Entain group of companies.
And in case you didn’t know, Entain is the new name for the firm that used to be known as GVC Holdings.
The LC International Licence number with the UK Gambling Commission is 54743
Other sites covered by the LC International licence
- Gala Casino
- Game Bookers
- Party Poker
So many long-standing firms have come together to form the entity that is now Entain, so we will try to cut a very long story short.
Ladbrokes was founded in the 1880’s as a bookmaker (the world’s first it is said). In 2000 the firm took its products online to reach an even wider audience. In 2013 the partnership with Playtech for its bingo sites products was brokered.
Then in 2016 Ladbrokes merged with Gala Coral, to become the Ladbrokes Coral Group.
Coral was founded in 1926 and has had high street betting offices since 1960. The firm acquired the Gala Bingo high street clubs from brewer Bass in 1997.
In 2000 they added 26 casinos from the Hilton Group. In 2011 the Coral Group, now backed by private equity partners signed a 10 year deal with Playtech. In 2015 they divested the Gala Bingo retail division to Caledonia Investments, but retained the online division.
In 2016 Gala Coral Group merged with Ladbrokes to become…. You guessed it, Ladbrokes Coral Group.
So, how did all these brands move away from their established software platforms, like Playtech. Well this is thanks to the GVC acquisition of Innopark Pte. Limited, the operator of Cozy Games, the bingo-led B2B business in 2018.
The name for the software changed from Cozy Games to Electraworks, as did the licence detail.
And the rest is well-known history.
When you read the name LC International Limited you are really reading about a part of the huge Entain empire.
This part came about in March 2018 when GVC completed the acquisition of Ladbrokes Coral Group PLC, at that point the largest in the Group’s history that transformed it into one of the world’s largest listed online gaming businesses.