Majestic Bingo has been included in the London Stock Exchange Group’s 1000, a list of leading luminaries in the small to medium sized business category.
The independent bingo operator started its journey in 2014 with the purchase of seven bingo clubs owned by Seldis Cooper and eight Apollo clubs owned by Top Ten. In April 2016 the addition of Grand Bingo in Nuneaton, grew the company’s portfolio to 16.
“The Majestic Bingo Limited estate is a mixture of flat floor retail clubs and buildings located in the heart of towns with a history that goes beyond their lives as bingo clubs. Many of our bingo halls have been serving the community for years and we want that to continue for many years to come. We think bingo has a future and that one size doesn’t fit all; there is a place for destination, local and high street bingo to co-exist together,” said managing director Mark Jepp. “Having worked hard to stabilise, standardise and modernise for the first two years,with strong results, we are continuing to invest in and grow the business.
“We are working closely with a number of key partners to develop our products and the systems, technology and people that support them to ensure our business is fit for the future and meets the needs of our customers.
“We know that conditions which affect our industry make it challenging at times and we really have to work hard, but this is a very exciting time for the company and we are thrilled to be recognised in this way.”
To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly out-performing their industry peers.