MERKUR Casino, a leading entertainment company in the gaming industry, has finalized the sale of its MERKUR Bingo club located in Lowestoft to Real Fun Group.
This strategic transaction is part of MERKUR Casino's ongoing initiative to streamline its operations and concentrate on its core business areas. The acquisition by Real Fun Group, which currently manages 10 bingo clubs across England, presents an exciting opportunity for both entities to strengthen their positions within their respective primary markets and provide enhanced entertainment experiences for their customer base.
Mark Schertle, chief operating officer, stated, "The company is pleased to complete this sale with Real Fun Group."
"As MERKUR Casino continues to evolve and expand within the gaming sector, focusing on core strengths is essential. The sale of the MERKUR Bingo club in Lowestoft enables the company to sharpen its focus on its core slots and casino businesses, while ensuring the future success of its teams and an improved bingo experience for patrons under the new ownership," he added.
Kevin McGinnigle, founder of Real Fun Group, commented, "Following an interesting first year as a newly formed group, the organization had ambitions to further develop its portfolio through strategic acquisitions in the years ahead. Although this opportunity may have arisen slightly sooner than anticipated, the company believes Lowestoft aligns perfectly with its objectives, and they look forward to welcoming the bingo hall into the Real Fun Group. He also expressed gratitude to the MERKUR team for their cooperation throughout the process, describing them as swift, transparent, and a pleasure to work with."
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