Buzz Bingo's owner explores a sale as gambling bosses warn of a budget tax raid
Summary
The owner of Buzz Bingo, one of Britain's biggest bingo chains, is exploring a sale even as its boss warns that a further budget tax raid could threaten the future of the industry, Sky News reported on Sunday 11 October. Asset manager ICG has appointed bankers to advise on discussions with potential buyers for Buzz Bingo, according to City A.M., which calls the Nottingham-based chain the UK's biggest bingo hall operator.
Latest: The owner of Buzz Bingo is exploring a sale, with asset manager ICG appointing bankers to advise on talks with potential buyers, even as the chain's boss warns that a further budget tax raid could threaten the industry.
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How it unfolded
Sunday 11 October
The owner of Buzz Bingo is exploring a sale, with asset manager ICG appointing bankers to advise on talks with potential buyers, even as the chain's boss warns that a further budget tax raid could threaten the industry.