Published
Bingo

Gala Bingo prepares for sale and brand overhaul

Gala

galabingorebrand
Bingo has announced its plans for a significant overhaul in future months. The company is seeking to sell off a selection of its sites as the firm prpares itself for a rebrand.

Caledonia Investments, private equity owners of Gala Bingo since 2015, is planning to sell some of its sites, as well as offering some companies the option of taking up excess space in various locations.

The last available set of figures for Gala Bingo were back in 2015, where operating profits fell by 5% to £746,000. Moreover, pre-tax profits heavily dropped from £40.9m in 2014 to £1.9m, due to payments from other group companies not being repeated.

Potential buyers including supermarket chains Co-op, Nisa and Farm Foods, in addition to Gym Box and The Gym have been approached about whether they are interested in any of Gala sites.

Sources suggest that the name being considered for the rebranding is Buzz Bingo. A spokesman for Gala declined to comment on the rebrand; however, she said that the company always reviewed its estate.

“We regularly review opportunities to invest in our estate and create added value services for our customers. There may be occasions where clubs are considered for disposal but this will be on a case-by-case basis.”
Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Nederlandse Loterij
Relax Gaming
Hoiana Resort & Golf
Tipico
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...