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      • The owner of one of Britain's biggest bingo businesses has picked bankers to oversee an auction next year. Sky News understands that Intermediate Capital Group (ICG) has asked Nomura to prepare a sale process for Buzz Bingo, which it has owned since 2021.
      uk.news.yahoo.com/eyes-down-buzz-bingo-owner-130600201.html

      Eyes down as Buzz Bingo owner ICG picks bankers for sale

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  3. news.sky.com › story › ampEyes down as Buzz Bingo owner ICG picks bankers for sale

    Dec 28, 2023 · Intermediate Capital Group has appointed Nomura to oversee a sale of one of Britain's biggest bingo club operators during the course of next year, Sky News learns.

  4. uk.news.yahoo.com › eyes-down-buzz-bingo-ownerEyes down as Buzz Bingo owner ICG picks bankers for sale

    Dec 28, 2023 · The owner of one of Britain's biggest bingo businesses has picked bankers to oversee an auction next year. Sky News understands that Intermediate Capital Group (ICG) has asked Nomura to prepare a...

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  6. www.topratedbingosites.co.uk › insights › newsReduction in Losses as Income Grows by Buzz Bingo

    • Cutting Back on Costs
    • An Online Fightback
    • Keeping Retail in The Spotlight

    In its update, Buzz Bingorevealed that costs of sales were up 10% at £46.4 million. However, due to the increased revenue, gross profit was up 17.1% to £93.7 million. The company also saw administrative expenses fall 32.6% to £113.8 million. Therefore, the combination of lower costs and higher revenues meant that operating profits for the full year...

    See full list on topratedbingosites.co.uk

    While the return of players to Buzz Bingo’s retail venues is certainly a positive, the operator is already taking steps to improve its online performance and attract new players. On 22 June 2022, the company announced a partnership with the technology company Future Anthem. Future Anthem is an AI solutions provider, and it is providing Buzz Bingo w...

    See full list on topratedbingosites.co.uk

    While Buzz Bingo’s retail operations have been outperforming its online offering, the company is in no way complacent. Buzz Bingo regularly organises special events at its bingo clubs designed to keep customers coming back and attract new players. A good example of this is the Kevin and Perry bingo night that is due to be held in Colchester later t...

    See full list on topratedbingosites.co.uk

  7. www.buzzgroupltd.co.uk › news › buzz-bingo-inBuzz Bingo in advanced discussions to acquire two of the UK’s ...

    May 15, 2024 · The two high-performing bingo clubs are geographically complementary to Buzz’s existing footprint, and the acquisition will see the UK’s largest bingo venue, MERKUR Cricklewood becoming part of the UK’s biggest retail estate in Buzz Bingo.

  8. www.knightsplc.com › knights-news › 2024MERKUR sells bingo clubs in Cricklewood and Northampton to ...

    Two of Europe’s largest bingo clubs have changed ownership in a deal supported by Knights’ expert team. Buzz Bingo completed the acquisition of two MERKUR-owned clubs in Cricklewood and Northampton earlier this month.

  9. www.topratedbingosites.co.uk › insights › newsBuzz Bingo Expands with Acquisition of Two Major Bingo Clubs

    May 31, 2024 · Buzz Bingo is set to acquire MERKUR’s Cricklewood and Northampton bingo halls, two of the largest in the UK, as part of its expansion plans.

  10. www.northamptonchron.co.uk › business › merkurMERKUR Casino enters negotiations with Buzz Bingo for sale of ...

    May 20, 2024 · MERKUR Casino is engaged in advanced talks with Buzz Bingo, the UK's largest bingo operator, for the potential sale of its MERKUR Bingo club located in Northampton.

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