Real Fun Group Ltd secures over 130 jobs
Real Fun Group Ltd are set to become a prominent player in the UK’s independent bingo sector following the successful acquisition of 8 bingo clubs and their freeholds from Majestic Bingo Limited out of administration. This strategic acquisition expands the group’s portfolio to a total of 10 bingo clubs throughout England and Wales, further establishing its presence in the industry, whilst safeguarding the employment of over 130 individuals.
Experienced entrepreneurs backing the group, which already operates two independent bingo clubs, have reinforced their commitment to growth and community engagement through this significant expansion.
Majestic Bingo Limited entered administration on the 7th July 2023, led by Tim Bateson and Chris Pole from Interpath as joint administrators. They have expressed their delight at the positive outcome of this acquisition, particularly noting its timing during the festive season. Tim Bateson remarked, “The successful acquisition by Real Fun Group not only preserves numerous jobs but also ensures continuity for the communities these clubs serve.”
Kevin McGinnigle, CEO of Real Fun Group, shared his enthusiasm for the new venture, stating, “I’m incredibly excited by this opportunity. This was a well-run business that was hit with devastating luck over the last few years, and I can’t wait to work with the team. To sit here today, knowing we’re able to keep so many people in work is an unbelievable feeling.”
He further added, “Undoubtedly there is a lot of work ahead of us and I’m confident we’ve got the right people within the business to make this a huge success for everyone concerned. Coming from a family of bingo players, I’m aware of the role that local bingos club play in their community and to get the opportunity to keep these historic clubs open for our customers is just fantastic.”
With this acquisition, Real Fun Group now employs nearly 200 staff across 10 bingo clubs nationwide, positioning itself as one of the UK’s largest independent bingo operators.
Posted on by Emma Hayward