Buzz Bingo Ltd launches a new online casino called Buzz Casino

It comes with a wide diversity of dealers, slot machines and entertainment gaming tables from some of the most famous innovators on the planet, plus Reel Time Gaming, Pragmatic Play and Blueprint Gaming.

Buzz Group Limited is a mainstay of the UK bingo scene, but was forced to permanently close 26 of its land-based clubs in July 2020, due to insolvency caused by the currency effects of the coronavirus pandemic.

The operator, now majority-owned through London-listed asset control company Intermediate Capital Group, closed nine more of its 91 outlets, leading to declining footfall and emerging costs.

It further enhanced this dominance in September by launching a streaming service to complement Playtech’s transparent single-instance wallet that powers all of its physical and remote operations.

Laura Craddock is Director of Product Management at Buzz Group Limited and expressed her excitement for the launch of Buzz Casino before revealing that the Gambling Commission’s new authoritative domain offers a wide range of online slots.

“It’s very exciting to bring a new casino product to market, especially one that brings all the fun of Buzz Bingo to the global casino while adopting other principles in its design,” said Craddock.

“Inspiration from global video streaming has helped place content at the center of the user interface, making it easy for players to place the games they love in a fun and reliable environment they know they’ll get from a Buzz site. “

Dave Evans, Director of Digital Operations at Buzz Group Limited, explained that Buzz Casino also offers roulette, blackjack and hold’em poker broker games.

“We are proud to announce the launch of our new Buzz logo for our position as the UK’s most productive omnichannel site for slots, games, casino and bingo,” said Evans.

“The casino is a component of our product diversity and while bingo remains at the core of our business, our players enjoy finding new content and spending their free time betting in other ways. Buzz Casino is the last component of our journey.

This investment, however, was transferred to Intermediate Capital Group approximately six years later for a small payment despite the final touch seven months before a refinancing that would have involved a cash injection value of approximately $30. 6 million.

The launch of Buzz Casino is now expected to help Buzz Bingo Limited regain its fortune after a year 2021 in which the British company’s online profits declined by around 31% year-on-year.

The decline came as players began returning to the company’s land sites following the disruption of the coronavirus pandemic, with its corresponding emerging net operating profit of 14. 4% to approximately $175. 1 million.

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