Tag Archives: pounds

Gala Bingo Considers Rescue Plan

August 8, 2019   Game skill   No comments

It is no secret that land based bingo in the UK is in real trouble financially. The draconian national smoking ban hit bingo clubs hard and then came a rise in taxation. For some reason bingo is taxed at a higher rate than any other form of gaming. For gaming companies that operate internet bingo websites the passage of the internet gaming ban in the US caused a drastic drop in revenue and a serious decline in publicly traded gaming stocks. A recent Reuters report states that UK bingo industry giant Gala Coral Group is presently saddled with about 2.7 billion pounds of debt.

Gala was forced to let hundreds of valued employees go and close many of its popular bingo halls across the UK. In 2009 reports of gala bingo club closures became common in the press. Gala also operates a highly successful internet bingo website. Without private investment Gala faces a bleak future indeed. A few years ago when reports said Gala was ‘foundering’ US gaming giant Harrah’s made a bid for shares of Gala. At the time Gala was able to repel any hostile takeover.

In November it was reported that private equity firm Blackstone made a £300 million pound bid for 40 to 60% of the shares. Despite denials from Gala it has been reported that Gala is actively seeking private equity investors to stave off collapse of the company. A recent report from news agency Reuters said the bingo giant had been approached by US private equity firm Apollo. Apollo submitted a plan to Gala which said Apollo would pay 250 million pounds ($405 million USD) for half of the company. The conditions of the Apollo deal say that 250 million pounds would be paid to Gala’s senior lenders and junior lenders would receive the other half of Gala.

Gala has entered the world of internet bingo with some success. Gala provides players with a generous bingo deposit bonus and free play options. Gala also offers a bingo sign up bonus to players. Like most other UK based bingo sites Gala has increased the size of its bingo bonuses to compete with others in the internet bingo industry.

Gala’s situation highlights the troubles of the brick and mortar UK bingo industry. Internet bingo, on the other hand, remains a thriving and growing industry. Internet bingo has defied the global recession and remains profitable for internet bingo providers. Gala may want to consider focusing on its online operations.

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The Horse Race Betting Guide Horse Racing System Review

July 22, 2019   Game guide   No comments

The Horse Race Betting Guide is a downloadable Clickbank eBook that teaches about the “Unfair with Betfair” advantage. It is a guide about how to make enough money using the famous bet exchange and bet-laying site to at the very least support yourself (or become very rich!)

The anonymous author of this book claims that he can save you thousands of pounds if you follow his advice about horse betting and not the advice of anyone else. The intention of this book is to prevent you from hemorrhaging money and becoming part of that sad 99% that walks away from Betfair with zero profit every day.

The secrets revealed in the Horse Race Betting Guide are not “recycled” (as is often the case with these Clickbank books) and instead come from trial and error and from the author’s own experience of being down three thousand pounds and being forced to turn it around. Desperation inspired him to study, perceive and think and come up with a way to finally begin making consistent profits from over 75% of his bets. In the Horse Race Betting Guide the author says it is possible to make profits of over 200% on your initial investment.

The Horse Race Betting Guide is also written for the laymen. There is valuable information in it whether you are a seasoned punter or an absolute beginner. Perhaps its most interesting aspect is that it promises to teach people how to win big using a time proven system that guarantees a strike rate of at least 90% with no risk.

There is also a set of point-by-point, step by step easy to understand guidelines that show you how to increase your profits by 200%. The great thing too is that you don’t have to start with a great deal of money. The author suggests you can make money by simply laying down twenty-five pounds and applying the principles outlined in this unique Horse Race Betting Guide.

Not all of the information in this guide to horse betting is new. There are also sections in it that go through the time tested and traditional ways of dealing with wager practices and horse form selection. There is also a great section that tells you how to avoid investing in systems or software that are horse-betting scams. This type of good advice combined with the author’s practical betting secrets can help you make a lot of money.

The eBook also includes a special bonus section that tells you everything that you have ever wanted to know ever about the subject of horse betting. This section of the eBook is like a multi-faceted diamond that covers every single aspect possible of racing – from doubling investments to betting on favorites to choosing forms. There is even directions about how to make money using a special punt and post system. By the time you are done with information you will feel like you have a Ph.D in horse race betting!

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