UK gambling operator Gala Coral Group rejected reports that it has held talks with private investment firm OpCapita for a possible sale of Gala Retail business.

Although Gala Coral confirms that the company is undertaking a process to explore the possible sale of Gala Retail and is having talks with number of interested parties, the UK operator denies press speculation suggesting that OpCapita has submitted a bid and there is a current discussion between the two companies.

Gala Coral Group also announced on the same press release that its property subsidiary, Propco Three Ltd. has completed its sale to M&G for £173.4m.

Gala Retail has also purchase five properties from Propco for £1.1m, following the purchase of the properties and the surrender of the leases, and rent is no longer payable and these clubs will make a positive contribution to EBITDA.

Meanwhile, Karma Gaming confirms a global distribution agreement with UK software provider in the gaming and betting industry OpenBet Ltd.

Karma Gaming said that the company is reinventing instant win games by merging the thrill of winning money with the fun of casual and mobile games. Under the deal, Karma will bring a number of titles— such as Haunted Hotel, El Lootchador, and Secrets of the Pyramids­—to new markets via the OpenBet platform.

“We analyze millions of game sessions across play-for-fun gaming and real-money gambling markets including iOS, Facebook social gaming, and lottery instant win games,” said Jay Aird, Chief Innovation Officer for Karma Gaming.