Buzz Bingo reports 14.4% revenue rise 

Finance News

Buzz Venus Group owner of Buzz Bingo has reported revenues of £139.8m up 14.4% for the year to 15 January 2022, up £122.2m in 2021.

Pre-tax losses for the year were £130.6m to £51.8m compared to the previous period.

The board said: “The effect of the Covid-19 pandemic on the leisure industry has been catastrophic, and the group has not escaped the impacts of this.

“On reopening, the business maintained its strong Covid-19 measures for both colleagues and customers, which it had first introduced in the prior year, and repositioned the core product offerings to better match the expected new trading dynamics.

“The business had a successful reopening phase, which is testament to the skill and dedication of our colleagues. The reopening itself exceeded expectations, with the club environment and the underlying changes to the products being well received by both customers and colleagues.”