Buzz Bingo is preparing to expand with the acquisition of two of Merkur's largest bingo halls
Date: 2024-05-15 Author: Alex Crawford Categories: EVENTS
Buzz Bingo is preparing to expand with the acquisition of Merkur's two largest bingo halls in Cricklewood and Northampton, UK, following successful results this year and aiming to meet growing demand for this entertainment form of the game.
The growing success of Buzz Bingo
The move follows the company's impressive performance this year, with revenue rising 47% in October following a post-pandemic recovery period to reach £137 million ($167 million), and revenue rising to £195 million.
Bingo is back in popularity
According to Mecca Bingo, bingo is becoming increasingly popular among young people, supported by various initiatives such as free line dancing classes and Loose Women themed scratch cards.
Confidence in future growth
Buzz Bingo CEO Dominic Mansour reiterates his confidence in bingo's future growth, saying: "Bingo is experiencing a renaissance in the UK." Therefore, the acquisition of two leading bingo halls after a successful year is a strategic decision for Buzz Bingo, positioning their business for further growth.
Despite hiccups earlier in the year, such as a Halloween advertising code violation, Buzz Bingo is committed to improvement and innovation, including partnering with Future Anthem to add new personalization features.
