The ongoing financial crisis for land based bingo seems to be deepening at the moment. I’ve recently featured stories looking at Gala Bingo’s finances and their problems. but today it’s the turn of a smaller player, The Buckingham Bingo chain. The Telegraph carries a report about the chain’s current debt problems, concerned with Buckingham Bingo’s […]
Tag: GalaBingo
Gala Bingo Loses Its Credit Insurance Cover
Just a quick heads up on this story about the withdrawal of Gala Coral Group’s credit insurance by the insurers Euler Hermes. Gala aren’t alone in this, a number of other big retail chains have also had their cover pared back as a result of the current financial situation. Over at Bingo News they have […]
The Results Of The BingoPort.co.uk Player Awards 2009
Well, it’s been a busy weekend for me here in London, catching up with people who work in the online bingo field and finding out about some of the interesting things planned for online bingo players in the near future. More on that in later posts. The main draw for myself happened on Friday night, […]
A Couple Of Good News Bingo Stories
It’s always good to see positive stories about the game of Bingo, and the last couple of days there’s been a couple of nice features around the online press worthy of mention. First up, my favourite UK online bingo provider tombola continue to lead the marketplace and grow. In fact it’s growing so much that […]
Gala Launch Mrs Obama’s Online Bingo
I saw this story on the wires earlier, and I have to admit, it made me chuckle a bit. Fair play to Gala Bingo on this one, it’s a great little promotion to tie in with the inauguration of Barack Obama next week, and it’s also helping charity as well. Gala have enlisted the help […]
Seasonal Stories Round Up
Well, I’ve been caught up in all the fun and games the season has to offer, and let a few stories slip. Rather than go into depth, here’s a quick round up and links to further information on a few stories that caught my eye over the last couple of weeks. First up, another case […]
Small improvements for Mecca Bingo
Following on from Gala’s recent news of slight improvements in its Bingo business, there’s more cautiously good news from their biggest rival, Mecca Bingo. The Times reports that trading has been up slightly for Mecca, who’ve seen a rise in their like-for-like sales of 1%. It appears that maybe the bottom of the barrel has […]
Gala Coral Down, But Bingo Improving
There’s been a couple of news stories this week around Gala Bingo’s financial status, or rather the status of the parent company Gala Coral. The private equity backed company has been suffering along with others in the industry, especially in its retail casino business. According to the Guardian the company’s debt rose to £4.4 billion, […]
Gala Coral Jobs Go In Restructuring
The Times had a report on some major changes at Gala Coral. The private equity company behind Gala Bingo are restructuring to improve their financial position and shedding up to 200 jobs as a part of the process. The move will see their five divisions cut down and rejigged to 3 – gaming, retail betting […]
Gala Bingo Pulls Out Of The Bingo Association
News from the Bingo Association that Gala Bingo have pulled out of the UK trade body. I suppose it’s not surprising, following their departure from the National Bingo Game, it seems Gala Bingo are intent on going it alone at the moment. It was interesting to see the Bingo Association’s spin on the departure, stressing […]
