Carlton Bingo recently revealed its final account for the year to March 2023 and the good news is that turnover increased by over ÂŁ3m and its pre-tax profit also rose from ÂŁ1,320,801 to ÂŁ5,653,235.
The firm has been owned by the Employee Ownership Trust since March 2022, and employs around 212 people across the operation with staff costs for the year coming in at ÂŁ4,898,020 for the year.
That pre-tax profit is a significant increase from one of the smaller operators in the bingo space when compared to the likes of Mecca Bingo and Buzz Bingo. However, it does seem to support the notion that bingo as an entertainment is growing and evolving and can still attract the footfall of people with money to spend.
The big takeaway from the results report was that even though there has been the cost of living crisis and other calls on peoples wages and resulting disposable income “… spends have continued to rise during the period and year-on-year. Similarly, an increasing number of younger customers have joined as members and generally appear to have a particular wish to visit at weekends or during promotional sessions, focusing their enjoyment on main session bingo, food and beverage offerings.”
Long live bingo!
Mecca Bingo
18+. New customers only. Country Restrictions Apply. Deposit and stake ÂŁ10 on bingo to qualify within 7 days of initial deposit. Paypal deposits excl. Some prizes have wagering requirements and expiry dates. Full T&Cs apply. Please play responsibly. Begambleaware.org
Buzz Bingo
*The Legal Stuff: New players. Deposit, stake £10 Bingo get £30 bonus (x4 WR) & £5.00 Main Event in-Club vouchers, or dep, stake £10 slots get 200 x 10p Fire Blaze™ Blue Wizard Megaways™ spins (x20 WR). OR use cash balance/further deposit & get both. £5 min. withdrawal. 18+. Please gamble responsibly. BeGambleAware.org #AD
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