CORAL — Betting Shop Bank Charge Explained

CORAL on your bank statement may relate to Betting Shop, which is listed in the Finance category. This is a general descriptor covering betting and gambling operators such as Ladbrokes, William Hill, Coral, Paddy Power, Bet365 and Betfred. Charges are deposits or stakes that vary in amount, and frequent or unexpected entries can be a sign of unauthorised use or problem gambling.

What Is the CORAL Charge?

CORAL may relate to Betting Shop, which is listed in the Finance category.

This is a general descriptor covering betting and gambling operators such as Ladbrokes, William Hill, Coral, Paddy Power, Bet365 and Betfred. Charges are deposits or stakes that vary in amount, and frequent or unexpected entries can be a sign of unauthorised use or problem gambling. If you need help, GAMSTOP and GamCare offer free self-exclusion and support.

CORAL is how this charge may appear on your bank or card statement.

How Do I Cancel a CORAL Charge?

  1. Identify the charge: Confirm the charge is from Betting Shop by checking your email for a receipt or logging into your account on their website.
  2. Cancel a recurring payment: If this is a recurring payment you no longer want, log in to your Betting Shop account and cancel it in your account settings before the next billing date.
  3. Contact the merchant: If you recognise the merchant but have a question about the charge, contact Betting Shop directly using the details on this page.
  4. Contact your bank: If the merchant does not resolve the issue, contact your bank or card issuer using the number on the back of your card. They can explain what options may be available and what information they need.

What Other Names Does Betting Shop Use on Bank Statements?

Betting Shop may also appear on your statement as:

Frequently Asked Questions About CORAL

What is CORAL on my bank statement?

CORAL is a bank statement transaction code that may relate to Betting Shop, which is listed in the Finance category. This is a general descriptor covering betting and gambling operators such as Ladbrokes, William Hill, Coral, Paddy Power, Bet365 and Betfred. Charges are deposits or stakes that vary in amount, and frequent or unexpected entries can be a sign of unauthorised use or problem gambling. If you need help, GAMSTOP and GamCare offer free self-exclusion and support. This descriptor appears because banks display a shortened payment code instead of the full company name.

Why is CORAL on my bank statement?

CORAL is how this charge may appear on your bank or card statement.

How do I cancel CORAL?

If this is a recurring payment you no longer want, log in to your Betting Shop account and cancel it in your account settings before the next billing date. If you recognise the merchant but have a question about the charge, contact Betting Shop directly using the details on this page. If you do not recognise this entry, contact your bank or card issuer and ask them to confirm the transaction and merchant details. Only you and your bank can confirm whether a payment was authorised.

Related charges

For more information about Betting Shop and all its known transaction codes, visit the Betting Shop merchant page.