In amongst the sad news of closures, there is some good bingo news to report.
In July 2023, Majestic Bingo went into administration. The independent retail bingo operator with eight bingo halls spread across the UK called time on operations with 143 jobs at risk. However, the recent acquisition by the Real Fun Group in December has thrown a massive lifeline to the clubs.
The strategic acquisition by Real Fun Group Ltd expands the group’s bingo offering significantly. Adding the eight former Majestic bingo halls into the portfolio takes the total number of bingo clubs across England and Wales to 10. Majestic Bingo had branches in Skegness, Tonypandy, Bishop Auckland, Donnington, Camborne, Rhyl, and Caernarfon.
The move not only secures 140+ jobs but also places the Real Fun Group as a serious independent rival to Club 3000 Bingo, although geographically they aren’t stepping on each other’s toes just yet.
Tiem Bateson, acting as joint administrator said:
“Having been appointed in July 2023 and traded the business for nearly six months, we are absolutely delighted to have achieved this going concern sale, which not only will see all eight venues continue to trade, but which also both safeguards the employment of 140 people and ensures continuity for the communities which these clubs serve.”
Business as Usual
The 36-years-old Kevin McGinnigle, CEO of Real Fun Group, said of the acquisition:
“Majestic Bingo Limited entered administration back in the summer, putting over 130 jobs at risk across the estate. Well, after working tirelessly to strike a deal with the administrator, we’ve managed to rescue the business.”
“There’s a lot of relief and happiness from staff. A lot of people go to the club. It’s their support network. They have got their friends there and they socialise there.”
“I’m incredibly excited by this opportunity. This was a well-run business that was hit with devastating luck over the last few years, and I can’t wait to work with the team. To sit here today, knowing we’re able to keep so many people in work is an unbelievable feeling.”
“Undoubtedly there is a lot of work ahead of us and I’m confident we’ve got the right people within the business to make this a huge success for everyone concerned. Coming from a family of bingo players, I’m aware of the role that local bingo clubs play in their community and to get the opportunity to keep these historic clubs open for our customers is just fantastic.”
Mr McGinnigle, who is originally from near Liverpool, is from a family of regular bingo players, He says he intends to keep Majestic as it is for now with no immediate plans to change the name, describing bingo as ‘close to my heart’.
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