A 42 year old woman from Brighton, who was playing her third Bingo game, won the Gala’s high 5 jackpot and she earned £350,000. According to the rules of the game, a full house has to be hit on the number 5. The total prize money was £700, 000 of which half goes to the winner and the remaining will be shared equally among the rest of the other players.
Posts Tagged ‘bingo clubs’
5 Jackpot Won in Gala Bingo Worth £35,000
Saturday, November 29th, 2008National Bingo Prize Shared Between 169 People
Sunday, September 7th, 2008Last week saw the National Bingo Prize being shred by 169 people across the UK. This was an unprecedented happening, generally one or two or even a few people win and share the prize, but 169, surely this must be some kind of record? I have certainly never seen a happening such as this before in any bingo game, and I have been writing about bingo for quite a long time now.
Mecca Bingo Sells off to the Malaysians Again!
Friday, June 20th, 2008Last year we heard about Mecca Bingo selling off part of the shares in the company to the giant Malaysian gambling company Genting. They actually sold of 11 % of the shareholding, and now we hear that they are in the process of selling more shares to the Guoco group, also a Malaysian gambling concern, who already holds a stake in Rank, the parent company of Mecca bingo. This increases their stake in the company to a huge 12.67%.
Private Equity Firms, Loans and Carlton Bingo Convolutions
Thursday, May 29th, 2008When Carlton Bingo was seeking to fund rapid growth, like all of they had to approach their bankers. Carlton bingo operates out of North-east England and Scotland an in 1997 they were bought out by their management. The management team was backed by Dunedin, a private equity firm and the Bank of Scotland. Five years later management bought out the equity interest in the bingo group through another loan, this time from the well known Lloyds TSB. (more…)
