We’ve sadly just heard of another closed bingo hall catching fire. Top Ten Bingo in Southwick, Sunderland closed circa 2013, but that hasn’t lessened the impact felt by the local community. Closed bingo halls are often cherished landmarks for locals. Their presence often serves of a reminder of good times past, and many people find […]
Tag: Top Ten Bingo
Leominster Bingo Club Reopens
After the brief rash of bingo club closures the other week, it’s time for some good news. The closures were a bit of a jaunt, so it’s great to report on the reopening of a club that has closed earlier this year. Top Ten Bingo in Leominster closed down in May of this year, and […]
Blackwood Top Ten Bingo To Close
As of this week another bingo hall has bitten the dust. Top Ten Bingo in Blackwood, South Wales has been purchased by Picturedrome Cinemas, who are going to restore the venue to its original use as a cinema. Located on the High Street in Blackwood the bingo hall has been going full time since 1998, […]
Welsh Bingo Halls Hit Hard
It’s no surprise to hear that bingo clubs have been hit by the recession. Like many other industries the halls have really been feeling the pinch brought on by the economic climate, and austerity measures. Wales in particular has been hit hard. The reasons for this may be many fold. Unemployment in Wales is high, […]
Bad Week For Bingo
Some people say ‘no news is good news’ and if you take that to its logical conclusion, all news is bad news (except for the cat rescued from tree ‘feel good’ story at the end of the evening news which helps us sleep better after hearing about so much misery). Well being in the world […]
VAT Reclaim Could Cause More Problems For Industry
Following my last post about the success of Mecca Bingo at their High Court appeal about their tax rebate, Bingo Supermarket has an interesting take on the ruling. Rather than saving the industry, it could actually cause some operators severe difficulties as banks take the rebate’s straight off them to cover outstanding debts. This then […]
Top Ten’s Continued Financial Woes
My buying shares in a company must be a kiss of death. We won’t mention the Woolworth shares as I should have known better at the time, but when I bought some in Top Ten Holdings PLC, the UK’s 3rd largest bingo chain, I thought I was getting a bargain. Then they lost 90% of […]
Top Ten Bingo Profit Woes
The UK’s third largest Bingo train is suffering profit and share troubles. ICWales Business reports that the chains profits have halved in the last 6 months, with the foreseeable future set to be equally difficult. Top Ten Holdings have also seen their share price slump as well. Top Ten have already sold a number of […]
More Profit Woes – Rank Share Downgraded, Top Ten’s Profits Below Expectations
Following on from the recent post about Rank’s share price slide, there’s more bad news on the shares front. Given the current state of their shares and uncertainty over profit levels for the rest of 2007, the HSBC has downgraded the stock from overweight to neutral. It’s not good news for the chain, but they […]
Top Ten Purchase Mexburgh Bingo Hall
The UK’s third largest Bingo chain, Top Ten has purchased the Lance Leisure club in Mexborough, for just over a million pound. It means they own two clubs in the South Yorkshire town.
