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LC International Limited operates as a casino gaming software subsidiary under Entain plc, a major player in the gambling industry. If you've deposited with any of their brands and seen their name on your bank statements, it's because they're the licensed entity supporting sites like Ladbrokes and Coral.
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Let's dive into a brief history of LC International Limited. Initially, it was a simple joint venture between Bwin Interactive Entertainment AG and GVC Holdings plc (formerly Gaming VC Holdings SA), merging to create a worldwide gaming enterprise named bwin.party Digital Entertainment plc. In 2015, this entity underwent a transformation, rebranding itself as the Entain Plc group which we now a familiar with today
Ladbrokes was actually one of the first brands to launch an online casino back in 2000, debuting alongside its web-based sportsbook. Today, it caters to a global clientele, offering services in 23 languages and accepting payments in 16 currencies.
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LC International is a subsidiary of the prominent gambling company Entain, formerly known as GVC Holdings. As their name suggests they were formed from the Ladbrokes and Coral merged in 2004 and effectively became the licensed entity covering these two main brands.
Key points about LC International Casino Sites:
LC International Ltd Background: The company was initially established in 2004 but underwent several acquisitions and mergers to evolve into the Entain group we recognize today.
Ladbrokes traces its roots back to 1880 when it was founded as a bookmaker. In 2005, they were among the pioneers to launch an online platform, collaborating with Playtech
Coral, originally a high street bookmaker established in 1926 with a focus on sports betting, expanded its portfolio in 1997 by acquiring Gala Bingo from Bass Brewery and subsequently rebranded as Gala Coral Group.
In 2016, all three entities merged to form Ladbrokes Coral Group
Then, in 2018, GVC Holdings plc acquired Ladbrokes Coral plc and rebranded it as Entain plc, solidifying its position as one of the leading gaming companies globally.
LC International Ltd Casino Software: LC International Ltd casino software platform powers some of the biggest high street brands around, such as Ladbrokes, Coral and Party Gaming.
LC International Ltd Operations: LC International Ltd is headquartered in Gibraltar, overseeing its operations from there. Entain, on the other hand, boasts a workforce of over 25,000 individuals and maintains operations in 20 countries worldwide.
Evolution of LC International Ltd : In 2021, MGM Resorts proposed a bid of $11 billion (approximately £8 billion) for Entain. However, the Entain board rejected the offer, stating that it "significantly undervalues the company and its potential." Consequently, the American casino giant withdrew their bid..