The Lancashire company that operates Kelly’s Eye Bingo, Lottery King and Sceptre is the latest addition to the UK Stock Market. They operate “bespoke charity draws and games” in pubs and working men’s clubs throughout the entire UK. Although there was turmoil in financial markets on Tuesday, this company managed to float successfully on the AIM (Alternative Investment Market), and now they are ready to meet any financial challenges. They opened with 77p per share which gave the company an overall value of ₤2.253 million.
The new Manager of Kelly’s Eye bingo will be Tony Yates, this game was inherited from Gamingking. Playing bingo in working men’s clubs and pubs has been popular in the UK for many years. In fact my Nana used to go to the local working men’s club for a game of what she called “housie” on a regular basis.
To think that a company offering charity bingo games and draws has floated on the stock exchange, just goes to show that perhaps the credit crunch is not as bad as we think. They have to be doing well in order to have a strong share value. Mr. Ken Turner will be the man behind overall operations; he is delighted by the results of the reverse takeover of Gamingking, by Sceptre Leisure. They employ 350 people at their head office near Bamber Bridge, and although it was a strange day to float their shares, they are moving forward nicely.
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