Meanwhile, the British Gambling Commission has announced that this month it will open four consultations resulting from the review of the 2005 Gambling Act. Yesterday (July 11), Bacta chief executive John White set out the association’s take on the impact of the UK Gambling White Paper on land-based gambling entertainment, providing evidence to the Culture, Media and Sport Committee in the Palace of Westminster. Majestic Bingo Online Limited operates separately and has not been put into administration. We would encourage any interested parties to make contact with us as soon as possible.” “We will continue to trade the business in the immediate term while we seek a buyer for the business. “However, in recent years, it has seen trading adversely affected by the impact of lockdowns during the pandemic, as well as the cost-of-living crisis. Majestic is one of the UK’s most recognisable independent bingo operators. Meanwhile, a profitable bingo hall in Spalding, Lincolnshire, has not reopened since it closed in 2021 due to a fire caused by an electrical faultīateson said. With the subsequent cost-of-living crisis affecting disposable income, custom appears not to have fully recovered since. The company had been profitable in the past but has been facing difficulties since the advent of the Covid-19 pandemic in 2020 due to the long periods with no business. They have retained all staff so the operator can continue to trade while they explore options for a sale of the business and assets. Tim Bateson and Chris Pole from Interpath Advisory have been appointed as joint administrators.

There have been concerns about the financial performance of the company, which has 143 employees and eight bingo venues in England and Wales. UK.- The bingo hall operator Majestic Bingo has entered into administration. The company has eight bingo halls in England and Wales.

Majestic hall bingo