{"id":7179,"date":"2023-07-18T12:01:28","date_gmt":"2023-07-18T12:01:28","guid":{"rendered":"https:\/\/www.newbingosites.co\/?p=7179"},"modified":"2024-04-06T21:31:45","modified_gmt":"2024-04-06T21:31:45","slug":"independent-operator-majestic-bingo-enters-administration","status":"publish","type":"post","link":"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/","title":{"rendered":"Independent Operator Majestic Bingo Enters Administration"},"content":{"rendered":"<p>One bingo hall door opens and another bingo hall door closes.<\/p>\n<p>Last week <a href=\"https:\/\/www.newbingosites.co\/new-club3000-bingo-hall-opens-in-blackpool\/\">I reported on the exciting new Club3000 venue<\/a> which opened its doors in Blackpool, but this week it&#8217;s back to bad news, sadly.<\/p>\n<p>Majestic Bingo, one of the most recognisable independent bingo operators in the country, has been left with no choice but to enter administration.<\/p>\n<p>This is tragic news for the industry as Majestic operate 8 clubs, not to mention employing 143 people at those clubs, so all of their futures are now in doubt too.<\/p>\n<p>Even crueller is the fact that Majestic were one of the companies that invested in the bingo industry back when its fortunes were just starting to turn around; they bought their clubs in 2014 and breathed new life into them, keeping the bingo industry thriving in those areas.<\/p>\n<p>Here&#8217;s what is going on with Majestic at the moment.<\/p>\n<h2 id=\"happened\">What Happened to Majestic Bingo?<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7185\" src=\"https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-clubs-750px.jpg\" alt=\"Majestic Bingo Clubs\" width=\"749\" height=\"400\" srcset=\"https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-clubs-750px.jpg 749w, https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-clubs-750px-300x160.jpg 300w, https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-clubs-750px-150x80.jpg 150w\" sizes=\"(max-width: 749px) 100vw, 749px\" \/><\/p>\n<p>Although the company was doing fine before COVID hit, they understandably struggled during lockdown, and many of the players who were unable to attend didn&#8217;t return once things opened up again.<\/p>\n<p>This in itself might have been a storm the company could weather, but their bingo hall in Spalding was badly damaged by an electrical fire which caused it to close down never to re-open, cutting income further.<\/p>\n<p>Add to that a cost of living crisis keeping people&#8217;s purse strings pulled ever tighter, and the load became too much to bear for Majestic Bingo, who simply no longer had the cash flow to keep going.<\/p>\n<p>As a last resort, and with no other options left, the directors of the company had to enter voluntary administration.<\/p>\n<p>The clubs affected are:<\/p>\n<ul>\n<li class=\"card-club__title\"><strong>Apollo Caernarfon in Gwynedd<\/strong><\/li>\n<li><strong>Apollo Camborne in Cornwall<\/strong><\/li>\n<li><strong>Apollo Rhyl in Denbighshire<\/strong><\/li>\n<li><strong>The Globe in Donnington\u00a0<\/strong><\/li>\n<li><strong>The Hippodrome in Bishop Auckland<\/strong><\/li>\n<li><strong>Judges in Tonypandy<\/strong><\/li>\n<li><strong>The Majestic in Worcester<\/strong><\/li>\n<li><strong>Roman Bank in Skegness<\/strong><\/li>\n<\/ul>\n<p>The Spalding club that was destroyed by fire in 2021 isn&#8217;t on the list because it&#8217;s still closed, but it is still owned by Majestic and is even where they had their head office.<\/p>\n<p>The Majestic Bingo website is actually a separate entity, so although the brand is owned by the same company, the online side is not in any financial trouble, so customers of the website don&#8217;t need to fret.<\/p>\n<h2 id=\"buyer\">Looking for Buyers<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-7186\" src=\"https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-for-sale-300px.jpg\" alt=\"Majestic Bingo for Sale\" width=\"400\" height=\"336\" srcset=\"https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-for-sale-300px.jpg 400w, https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-for-sale-300px-300x252.jpg 300w, https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-for-sale-300px-150x126.jpg 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/>While the operator is certainly in trouble, it&#8217;s not yet the final curtain for Majestic, but they do need saving.<\/p>\n<p>Should someone come forward and want to buy the business &#8211; at a discounted price too what with the situation &#8211; then so long as they were prepared to invest in it, Majestic could be saved.<\/p>\n<p>As of the 7th of July, Tim Bateson and Chris Pole are running the business as joint administrators on behalf of Interpath Advisory.<\/p>\n<p>The venues will continue to run while the word spreads that Majestic is up for sale.<\/p>\n<p><a href=\"https:\/\/igamingbusiness.com\/casino-games\/bingo\/majestic-bingo-placed-administration\/\">Tim Bateson said:<\/a><\/p>\n<blockquote><p>\u201cWe will continue to trade the business in the immediate term while we seek a buyer for the business. We would encourage any interested parties to make contact with us as soon as possible.\u201d<\/p><\/blockquote>\n<p>So it really is an end of the movie moment, in which a bingo loving hero needs to appear from the smoke, waving their cheque book and fighting off those evil debts.<\/p>\n<p>I&#8217;m not making light of the situation here, the loss of 8 clubs would be a tragedy, especially in Wales where 3 of the 8 are located, but I&#8217;m hopeful that someone with a stronger bank balance will see the value in these clubs and step in to save the day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One bingo hall door opens and another bingo hall door closes. Last week I reported on the exciting new Club3000 venue which opened its doors in Blackpool, but this week it&#8217;s back to bad news, sadly. Majestic Bingo, one of the most recognisable independent bingo operators in the country, has been left with no choice&#8230;<\/p>\n","protected":false},"author":8,"featured_media":7183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[25],"tags":[65],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Independent Operator Majestic Bingo Enters Administration - NewBingoSites.co<\/title>\n<meta name=\"description\" content=\"Well loved independent bingo operator, Majestic Bingo, have been forced to enter administration with 8 clubs and 143 jobs at risk.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Independent Operator Majestic Bingo Enters Administration - NewBingoSites.co\" \/>\n<meta property=\"og:description\" content=\"Well loved independent bingo operator, Majestic Bingo, have been forced to enter administration with 8 clubs and 143 jobs at risk.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/\" \/>\n<meta property=\"og:site_name\" content=\"NewBingoSites.co\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-18T12:01:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-06T21:31:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-750px.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"gazz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"gazz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/\",\"url\":\"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/\",\"name\":\"Independent Operator Majestic Bingo Enters Administration - NewBingoSites.co\",\"isPartOf\":{\"@id\":\"https:\/\/www.newbingosites.co\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-750px.jpg\",\"datePublished\":\"2023-07-18T12:01:28+00:00\",\"dateModified\":\"2024-04-06T21:31:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.newbingosites.co\/#\/schema\/person\/db5e7bafb84fd335f4c5bb9c1dcd0522\"},\"description\":\"Well loved independent bingo operator, Majestic Bingo, have been forced to enter administration with 8 clubs and 143 jobs at risk.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/#primaryimage\",\"url\":\"https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-750px.jpg\",\"contentUrl\":\"https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-750px.jpg\",\"width\":750,\"height\":500},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.newbingosites.co\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Independent Operator Majestic Bingo Enters Administration\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.newbingosites.co\/#website\",\"url\":\"https:\/\/www.newbingosites.co\/\",\"name\":\"NewBingoSites.co\",\"description\":\"New Online Bingo Sites For 2019\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.newbingosites.co\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.newbingosites.co\/#\/schema\/person\/db5e7bafb84fd335f4c5bb9c1dcd0522\",\"name\":\"gazz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.newbingosites.co\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cf2b63ba3c45f4873a90adeb79d1facf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cf2b63ba3c45f4873a90adeb79d1facf?s=96&d=mm&r=g\",\"caption\":\"gazz\"},\"url\":\"https:\/\/www.newbingosites.co\/author\/gazz\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Independent Operator Majestic Bingo Enters Administration - NewBingoSites.co","description":"Well loved independent bingo operator, Majestic Bingo, have been forced to enter administration with 8 clubs and 143 jobs at risk.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/","og_locale":"en_US","og_type":"article","og_title":"Independent Operator Majestic Bingo Enters Administration - NewBingoSites.co","og_description":"Well loved independent bingo operator, Majestic Bingo, have been forced to enter administration with 8 clubs and 143 jobs at risk.","og_url":"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/","og_site_name":"NewBingoSites.co","article_published_time":"2023-07-18T12:01:28+00:00","article_modified_time":"2024-04-06T21:31:45+00:00","og_image":[{"width":750,"height":500,"url":"https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-750px.jpg","type":"image\/jpeg"}],"author":"gazz","twitter_card":"summary_large_image","twitter_misc":{"Written by":"gazz","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/","url":"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/","name":"Independent Operator Majestic Bingo Enters Administration - NewBingoSites.co","isPartOf":{"@id":"https:\/\/www.newbingosites.co\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/#primaryimage"},"image":{"@id":"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/#primaryimage"},"thumbnailUrl":"https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-750px.jpg","datePublished":"2023-07-18T12:01:28+00:00","dateModified":"2024-04-06T21:31:45+00:00","author":{"@id":"https:\/\/www.newbingosites.co\/#\/schema\/person\/db5e7bafb84fd335f4c5bb9c1dcd0522"},"description":"Well loved independent bingo operator, Majestic Bingo, have been forced to enter administration with 8 clubs and 143 jobs at risk.","breadcrumb":{"@id":"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/#primaryimage","url":"https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-750px.jpg","contentUrl":"https:\/\/www.newbingosites.co\/wp-content\/uploads\/2023\/07\/majestic-bingo-750px.jpg","width":750,"height":500},{"@type":"BreadcrumbList","@id":"https:\/\/www.newbingosites.co\/independent-operator-majestic-bingo-enters-administration\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.newbingosites.co\/"},{"@type":"ListItem","position":2,"name":"Independent Operator Majestic Bingo Enters Administration"}]},{"@type":"WebSite","@id":"https:\/\/www.newbingosites.co\/#website","url":"https:\/\/www.newbingosites.co\/","name":"NewBingoSites.co","description":"New Online Bingo Sites For 2019","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.newbingosites.co\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.newbingosites.co\/#\/schema\/person\/db5e7bafb84fd335f4c5bb9c1dcd0522","name":"gazz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.newbingosites.co\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cf2b63ba3c45f4873a90adeb79d1facf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cf2b63ba3c45f4873a90adeb79d1facf?s=96&d=mm&r=g","caption":"gazz"},"url":"https:\/\/www.newbingosites.co\/author\/gazz\/"}]}},"publishpress_future_action":{"enabled":false,"date":"2024-05-25 02:48:25","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category"},"_links":{"self":[{"href":"https:\/\/www.newbingosites.co\/wp-json\/wp\/v2\/posts\/7179"}],"collection":[{"href":"https:\/\/www.newbingosites.co\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newbingosites.co\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newbingosites.co\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newbingosites.co\/wp-json\/wp\/v2\/comments?post=7179"}],"version-history":[{"count":6,"href":"https:\/\/www.newbingosites.co\/wp-json\/wp\/v2\/posts\/7179\/revisions"}],"predecessor-version":[{"id":7427,"href":"https:\/\/www.newbingosites.co\/wp-json\/wp\/v2\/posts\/7179\/revisions\/7427"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newbingosites.co\/wp-json\/wp\/v2\/media\/7183"}],"wp:attachment":[{"href":"https:\/\/www.newbingosites.co\/wp-json\/wp\/v2\/media?parent=7179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newbingosites.co\/wp-json\/wp\/v2\/categories?post=7179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newbingosites.co\/wp-json\/wp\/v2\/tags?post=7179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}