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Casino Industry

Buzz Bingo Owner ICG Explores Sale as Customer Numbers Rise

Reported by Claire, iGaming Post

Image: iGaming Post

Intermediate Capital Group (ICG), the asset manager that owns Buzz Bingo, is reportedly exploring a potential sale of the business – one of Britain’s largest bingo operators – even as the company’s leadership cautions that further tax increases in the forthcoming Budget could undermine the retail gaming sector. According to Sky News , ICG has begun examining options for the Nottingham-based operator, which it has owned since 2021, when it acquired a majority stake from Caledonia Investments for a nominal amount as part of a restructuring of the business.

This is an excerpt. The reporting belongs to iGaming Post.

Read the full report on igamingpost.com
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