Tag: business

Blackpool identified as key to seaside revival

Blackpool, tourism, seaside, revival, business
Blackpool has been identified as the key for a new initiative that would show how the issues affecting seaside resorts could be replicated nationwide. The House of Lords Select Committee on Regenerating Seaside Towns recommended it be the first resort to receive a ‘town deal’, involving a strategic approach between national and local government to develop specific solutions. Lord McNally, a...

Dransfields enjoy business growth with Lottery King

Dransfields, enjoy, business growth, Lottery King
Leeds-based gaming machine supplier Dransfield Novelty Company has released its financial results for the year ending June 30 2018, which showed increased business for the company - tinged only marginally by a small reduction in pre-tax earnings. Established in the 1940s by Harry Dransfield, the company is among the largest independent gaming machine suppliers in the country. Now under the...

China embraces VR with gusto

China, Virtual Reality, VR, business, DigiCapital
A recent report into the growth of virtual reality arcades in China predicts that the country could represent one fifth of the world’s entire VR industry by the end of 2022. The review, conducted by Silicon Valley-based consultancy firm Digi-Capital, forecast the pace of VR-arcade growth over the course of the next five years “could see it dominate AR/VR long...

Swanage Pier reopened and back in business

Swanage Pier, reopened, business, seaside
Swanage Pier is officially back open for business, bringing to an end a £2.2m refurbishment effort which saw it closed to the public for two years. An opening ceremony for the Grade-II listed attraction last week was attended by actor and TV presenter Timothy West, who in his capacity as honorary patron of the National Piers Society cut the ribbon...

The Rank Group announces directorate change

The Rank Group, resignation, Alan Morgan, business, people
The Rank Group Plc has announces that Alan Morgan, Managing Director Retail, has tendered his resignation to the board and will be leaving the business on 31 July 2019 to pursue other opportunities. Morgan joined Rank in 2016 to run Mecca’s retail business and progressed to lead the Group’s UK Retail division in 2017. Morgan’s day to day responsibilities will be...

Scientific Games completes Ladbrokes Coral integration

Scientific Games, Ladbrokes Coral, business, integration
Scientific Games Corporation has announced the successful roll-out of its Equinox terminals across the Ladbrokes Coral estate. Hailed as “the biggest ever gaming supply deal in the licensed betting office sector,” the integration forms part of the seven- year agreement between Scientific Games and the bookmaking group. “We are proud to work closely with Ladbrokes Coral, and the large-scale roll-out of...

Lights up: Fleetwood’s Harbour Lights back in business

Harbour Lights, Fleetwood, business, amusements
The spark is back at Harbour Lights Amusements, with the long-time Fleetwood favourite scheduled to welcome back customers on Saturday. It seemed like it was all over - and in such tragic circumstances, as well: but in a very happy turn of events, Fleetwood’s legendary arcade Harbour Lights Amusement has announced that it will soon be back in business. The FEC...

BBPA welcomes “pragmatic” approach to business recycling policy

BBPA, plastic, waste, business, recycling, policy
The BBPA said it supports a revised approach to recycling, but wants the breaks put on proposals that could exponentially increase waste disposal costs for businesses. As government consultations are undertaken on the future of recycling in Britain, the trade association for the beer and pub and industries has urged that a “pragmatic approach” be taken in asking businesses to...

New business is the icing on the cake for NRM’s Andrew Ludlow

NRM, business, bloggers, ice, london
NRM enjoyed an impressive showing at this year’s ICE London, Andrew Ludlow told Coinslot. And among the showstoppers were its Jigsaw platform and hand-held tablets which hit the mark. NRM took a bigger presence at ICE this year- was it worth it and what were the key products of interest? Andrew Ludlow:I have to say we had a very busy show,with...

Profit gains at Carlton despite trading headwinds

Carlton, bingo, Profit, business, finance
Scottish bingo operator Carlton slimmed down administrative costs to see a 5 per cent gain in earnings last year - countering a dip in overall takings which has been prevalent throughout the UK bingo sector. The latest financial results from Scottish bingo chain Carlton Bingo detail a rise in gaming machine income and overall operational cashflow. Carlton operates 14 bingo destinations...

IHL focus on compliance solutions to help operators focus on business performance

IHL Tech will be launching its newly enhanced product suite at EAG on the back of positive uptake results in the past year. Howard Gant talks to Coinslot about an exciting programmme ahead. Chief executive officer of IHL, Howard Gant, has a busy year ahead of him as the technology-focused company jumps into 2019 with a portfolio of prod- ucts...

Hollywood Bowl counts record revenues

Hollywood Bowl, bowling, revenue, business
Hollywood Bowl, the UK’s largest bowling operator, saw revenues rise to record levels in the year ended 30 September. Hollywood Bowl’s latest year of operation has proven to also be its greatest as a rapid expansion strategy coupled with rising consumer demand saw revenues reach new heights. Financial statements made up to 30 September 2018 show that company revenues grew by...

UKinbound appoints new board of directors

Suzohapp
UKinbound has today announced the appointment of its new board of directors. Following an association-wide vote, the 14 positions available have been filled by professionals from across the tourism industry. The new board members will take up their posts at UKinbound’s Annual Convention in Glasgow, which takes place from Wednesday 6th to Friday 8th February 2019, and will serve a...

Scientific Games announces third quarter 2018 Results

sg gaming results
Scientific Games Corporation has announced its reported results for the third quarter ended September 30, 2018. Scientific Games also highlighted that its revenue growth reflects continued momentum and giving 'a clear avenue for deleveraging'. Third Quarter 2018 Financial Highlights: • Third quarter revenue rose 7 percent to $821.0 million, up from $768.9 million in the year ago period, reflecting $46.5 million in...

Trading places: Will amusements face a business block to Saudi?

amusements, business, Saudi Arabia, Riyadh
As western business cold-shoulders the FII in Riyadh over the Khashoggi issue, the nerves of the UK amusements industry could be tested over its engagement with the lucrative Middle East market. Will there be a time when we need to talk about Saudi? Leading international business executives gave Saudi Arabia a wide-berth last at one of the leading trading shows...

Acknowledging the need for change in Rank

John O'Reilly
As the Rank Group posts disappointing financials for the past twelve months, its new helmsman John O’Reilly lays out how he plans to right the ship for the years ahead. You have now been in the business for four months, what have been your first impressions? JO: Since joining I have been made to feel very welcome and I have met...

Wetherspoons denied machine licence in Birmingham

Birmingham
Regional regulatory authorities have shot-down plans for a fifth AWP at the Arthur Robertson in Birmingham. Pub and play-time do not go together under this regime. Local legislators in Birmingham are adamant that the addition of an extra Cat C gaming machine at a local Wetherspoons pub will cause havoc amongst pub-goers. Management at the Arthur Robertson pub - embedded within...

Dumfries parents aim to DIY the FEC

Dumfries
A couple in the Scottish town of Dumfries are so desperate for a local FEC that they have decided to try and operate one for themselves. So far, the team of two have spent six months and £13,500 of their £15,000 budget identifying two suitable sites for the FEC, one in a new building and the other in an undisclosed...

Rank’s profits suffer amidst new regulatory landscape

Business Meeting
The Rank Group’s first raft of financials under the leadership of John O’Reilly see the company’s management facing an uphill battle, as the real impact of the Gambling Commission’s new due-diligence measures on the UK’s landed casino sector starts to be felt Chief executive of the Rank Group and industry stalwart John O’Reilly has insisted that the company is “undervalued”...

Oasis Retail Services hits £9m turnover milestone

Gambling
Gaming and amusement firm Oasis Retail Services has seen its turnover grow to £9m according to a recently released financial report. For the year ending 31 December 2017, the company saw operating profit increase by eight percent to £2.4m and overall turnover grow by 6.3 percent. A statement accompanying the report read: “We are extremely pleased with the overall performance of...

British high street far from dead, say Deloitte

High Street
Latest retail figures from the ONS have elicited commentary from Deloitte’s head of retail, who insists that the high street is successfully reinventing itself. The British high street is bouncing back and is far from on its last legs, suggests one of the country’s leading retail analysts. The remarks come as the Office of National Statistics release new data, which show that...

Confusion delays opening of Barry Island Pleasure Park rollercoaster

Barry Island
It is just the latest in a series of obstacles the Welsh amusement park has faced since it came under new ownership. Barry Island Pleasure Park has once again met with local authority bureaucracy. he owner of Barry Island Pleasure Park has defended its new rollercoaster after the attraction’s launch date was delayed by safety inspectors. The seaside amusement park had...

SG Gaming: Keeping ahead of the curve

SG-Gaming-Equinox
Rick Mountney, UK director of content development at SG Gaming comments on the latest trends in the sector. The digital gaming market is one of the most progressive sectors of the market at present and as a result the need to stay on the forefront of it is especially pertinent for content creators. As a result the onus is on...

People on the Move at Embed

Embed
Enhancing its commitment to supporting customers, Embed’s US office has promoted key personnel to new positions in the organisation. Danny Mondragon now oversees all Embed system deployments, remote or on-site, as Head of Installations. Also, two former project managers have assumed newly-created roles: Salena Cigan is Embed’s Head of Customer Onboarding and Martin Baugh is the new Strategic Partnerships Manager. An...

Let the good times roll – UK adults spending more and more on fun

bowling
Brits are apparently willing to spend a lot more on joy than they used to - that’s according to new research from market research firm the Mintel Group. Over the course of the past five years, their study of the UK leisure industry tracked a whopping 17 per cent hike in spending on entertainment - to £129bn. The gains were aided...

Cashless under review as 300 ATMs close per month

ATM cashpoint
ATM network provider Link has launched an independent review into the effect of a cashless society on communities and small businesses, but many in the amusements industry are already feeling the crunch from cash machine closures. A review into how Britain’s increasingly cashless society is affecting communities and small businesses has been commissioned by ATM network provider Link, with the...

Extent of high street woes revealed

High Street
The trials and tribulations of Britain’s high streets have been long discussed and now an investigation published by The Mirror has revealed the numbers behind the talk. In total the report states that since 2010 the high street has lost more than 17,000 businesses. The British pub market has born the brunt of much afflicting the UK consumer space. Demographic discrepancies...

Bourne Leisure hits £1bn in turnover as King slams the government

Bourne Leisure
Slowly but surely, Bourne Leisure has grown into a business with over £1bn in turnover. But while the company’s 2017 financial results are strong, managing director Dermot King thinks the location of operation - the Great British seaside - has been let down by government. Bourne Leisure achieved a group turnover of just over £1bn in 2017, an increase of...

UK roundup: Yorkshire coastlines, tourism, and British pubs

Coinslot tourism BHA
Concerns raised over coastal BID Concerns have been raised over a business improvement district designed to help boost the east Yorkshire coastline. Later this year more than 1,700 tourism businesses will go to ballot over the project but some in the industry have voiced worry about the impact of paying another levy on top of business rates. Industry awaits NI tourism...

London Resorts push for multiple licence partners

Rollercoaster
The seemingly perennial planning stage of the £3.5bn London Resorts theme park is rolling one once more with the release of new information around licence partnerships. The project had started under the banner of entertainment giants Paramount but a split between the company and developers London Resorts Company Holdings (LRCH) was announced last year. It is now understood that the group...

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