Lockdown cost UK bingo halls millions
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The response to the COVID-19 lockdown has affected the bingo industry in the UK. There have been three lockdowns since March 2020. The lockdown ended on July 19, 2021.
Lockdown of Covid-19 has affected the bingo industry in the UK. The closure of bingos and other entertainment venues has cost the industry millions. The lockdown ended on July 19, 2021.
The bingo operators have suffered due to the lockdown measures. The casinos and bingos were ordered to close during the Coronavirus lockdown. Rank Group, the owner of Mecca Bingo, has revealed heavy annual losses. Its annual revenues to end of June were decreased 48% to £329.6m leading to a loss of £107.3m pre-tax.
Lockdown cost UK bingo halls millions and thousands of jobs. Buzz Bingo has to close 26 of its 117 bingo halls and will reopen 91 of them. The confinement also affected other businesses associated with the binging companies throughout the UK.
The rise of the online bingo industry is due to the closure of social venues and the cancellation of major sporting events. The number of online gambling sites has increased. The significant growth of this industry has led to a collapse of bingos.
The bingo industry is among the victims of the COVID-19 pandemic. The curfew measures to tackle the spread of coronavirus required these venues to close. It has cost the British bingos millions. There is a new variant called Omicron. Despite the fast-spreading of OMicron variant in other countries, the lockdown has not yet been planned in England.
