DOCSLIB.ORG

Mecca Bingo Douglasfield, Dundee, Dd4 8Jx Mecca Bingo, Douglasfield, Dundee, Dd4 8Jx

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Mecca Bingo Douglasfield, Dundee, Dd4 8Jx Mecca Bingo, Douglasfield, Dundee, Dd4 8Jx WELL SECURED FREEHOLD LEISURE INVESTMENT OPPORTUNITY £3.3m REFLECTING AN ATTRACTIVE NET INITIAL YIELD OF 12% MECCA BINGO DOUGLASFIELD, DUNDEE, DD4 8JX MECCA BINGO, DOUGLASFIELD, DUNDEE, DD4 8JX Investment Summary • Purpose built, modern bingo hall • Located within the Kingsway East Leisure Park where tenants include a 10 screen Odeon cinema and Energie Fitness Club • Single let to Mecca Bingo Ltd (part of the Rank Group who are listed on the FTSE 250) • Current passing rent of £421,421 per annum (£11.93 per sq ft) • Heritable Title • Totalling 35,337 sq ft GIA with a 3.37 acre site providing car parking for 223 vehicles • Long term potential to redevelop the site • The Vendor is seeking offers in excess of £3.3 million (Three Million, Three Hundred Thousand Pounds), subject to contact, for the benefit of the heritable title in the property. The price reflects anet initial yield of 12% after allowing for purchaser’s costs of 6.48%. MECCA BINGO, DOUGLASFIELD, DUNDEE, DD4 8JX L O AD RO NG TH RUMGEI 961 D H B A UGH R D Location and Situation D A O R Dundee is the fourth largest city in Scotland. It is located on the east coast of H T I Scotland and lies on the north bank of the Firth of Tay. Dundee is approximately E ICELAND G M U 35 miles east of Perth, 63 miles north of Edinburgh and 68 miles south of Aberdeen. R D E IE DRIV Dundee is well connected by the A90 to Aberdeen in the north and Perth to the UN L BA south which in turn leads to the M90. Dundee is also connected to St Andrews H SUBJECT PROPERTY AP 1 immediately to the south via the A92. Dundee boasts its own airport and East Coast PY 6 HI 9 LLOCK ROAD B HAPPYH Mainline train station with direct links to London Kings Cross. ILLOCK ROAD B The property is located approximately 3 miles to the north east of the city centre on ALUNIE DRIVE THE FUN the Kingsway East Leisure Park. Immediate neighbours include a 10 screen Odeon FACTORY Cinema and Energie Leisure Club. Access to the property is directly off the B961 AD ODEON CINEMA O A94 R (Douglas Road). S A MEIGLE KIRKBUDDO L UG BALUNIE AVENUE O A90 D SPA A928 1 6 B9 AUCHTERHOUSE WELLBANK A92 K BALLINDEAN ROAD ING MCDONALD’S DOUGLASFIELD SW AY D E A A923 O R CARNOUSTIE ASDA BIRKHILL MILTON OF CRAIGIE S A90 A RETAIL PARK L K G I N U MONIFIETH G A90 A92 S O D W A Y A923 E DUNDEE INVERGOWRIE A90 TAYPORT INCHTURE DUNDEE NEWPORT-ON-TAY A92 A914 GAULDRY LEUCHARS A914 A92 A91 DUNBOG A91 ST ANDREWS CUPAR MECCA BINGO, DOUGLASFIELD, DUNDEE, DD4 8JX Description The property is a purpose built, modern bingo hall sitting on a 3.37 acre site with 223 surface car parking spaces. The property is of steel frame construction, with a pitched metal sheet roof. The main entrance features a raised, prominent front with decorative canopy. The main elevations are of brick construction with cladding above. The main entrance leads into the entrance lobby which has a slot machine area behind and provides access into the bingo hall. The main hall is fitted out in Mecca’s typical corporate style with carpeted floors and a suspended ceiling. There is seating for approximately 1,420 people. There is a food servery, kitchen, bar and WC’s. At first floor level there is a staff room, training room and managers office. Tenure The property is held heritable title. Accommodation The subject property provides approximately 3,281 sq m (35,337 sq ft) of gross internal accommodation as set out in the schedule below. Description Use Sq m GIA Sq ft GIA 1st Floor Plant 138 1,487 1st Floor Ancillary 299 3,227 Ground Floor Trading 2,844 30,623 Total 3,281 35,337 MECCA BINGO, DOUGLASFIELD, DUNDEE, DD4 8JX 134 138 140 to 170 132 136 Covenant Information 236 to 266 Mecca Bingo Ltd is a wholly owned subsidiary of the Rank Group who are a British gambling HAPP YHILL OCK and leisure company which incorporates the brands Mecca Bingo and Grosvenor Casinos. In ROAD S helter the UK the company operates 55 casinos and 98 bingo halls with over half a million customers 75 ESS each year together with online gambling and betting. The Rank Group is listed on the London 77 to 107 Stock Exchange and is a constituent of the FTSE 250 index. ap py Hi 3 l 4 loc k Walk For the year ending 30th June 2016 Mecca Bingo Ltd reported a turnover of £209.54m, pre 4 4 El 6 3 tax profits of £36.66m and a net worth of £488.34m. Sub Sta 0 1 67 6 61 1 The Factory Skatepark Tenancy and Income The property is single let on an FRI lease to Mecca Bingo Ltd until 28th September 2021. The passing rent is £421,421 per annum equating to £11.93 per sq ft. The lease is subject to a schedule of condition. The tenant has an option to renew upon expiry of their lease for a new term at market rent. Planning The property has D2 consent and is not listed nor located in a conservation area The tenant has a premises licence which allows the bingo club to open daily from 10:00 – 00:00. The sale of alcohol is permitted during this time. MECCA BINGO, DOUGLASFIELD, DUNDEE, DD4 8JX VAT Proposal The property is not elected for VAT. The Vendors is seeking offers in excess of £3.3 million (Three Million, Three Hundred Thousand Pounds), subject to contact, for the benefit of the heritable EPC title in the property. The price reflects a net initial yield of 12% after allowing for The property has an EPC rating of G. purchaser’s costs of 6.48%. Further Information Should you wish to view the property or require any further information please contact the agents: Jamie Baruch Stephen Raingold Tydus Real Estate Lewis & Partners DD: 020 3903 7310 DD: 0207 580 4333 Mob: 07889 085 112 Mob: 07775 647 499 [email protected] [email protected] Will Elphinstone Joseph Rantor Tydus Real Estate Lewis & Partners DD: 020 3904 3573 [email protected] Mob: 07876 131 346 DD: 0207 580 4333 [email protected] Mob: 07976 599 374 MISREPRESENTATION ACT 1967. Tydus Real Estate for themselves and for the vendors or lessors of the property whose agents they are give notice that: (i) these particulars are given without responsibility of Tydus Real Estate or the vendors or lessors as a general outline only for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; (ii) Tydus Real Estate cannot guarantee the accuracy of any descriptions, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; (iii) no employee of Tydus Real Estate (and their joint agents where applicable) has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; (iv) VAT may be payable on purchase price and/or rent, all figures are quoted exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; (v) except in respect of death or personal injury caused by the negligence of Tydus Real Estate, its employees or servants, Tydus Real Estate will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars save to the extent that any statement made in these particulars has been made fraudulently. 09/2017. Designed and produced by Creativeworld Tel: 01282 858200..
Load more

Recommended publications
  • The Business Of
    RK004_cover_AW2 tp.qxd:Layout 1 16/3/09 17:38 Page 1 The Rank Group Plc Annual Report and Financial Statements 2008 THE BUSINESS OF Registered office: The Rank Group Plc Annual Report and Financial Statements 2008 The Rank Group Plc, Statesman House Stafferton Way Maidenhead GAMING SL6 1AY Tel: 01628 504 000 Fax: 01628 504 042 Web: www.rank.com Visit us at www.rank.com The RankGroup website provides news and details of the Group’s activities, as well as useful links. The investor section contains a variety of information including the Group’s latest results and current and historic share prices. For further information and to view an online version of this annual report visit: www.rank.com Inside: – Chief executive’s review – Business reviews – Operating responsibly – Tax fact file RK004_cover_AW1.qxd:Layout 1 12/3/09 09:40 Page 2 Our aim is to create fun and enjoyment for our customers through gaming-based leisure experiences. We recognise our responsibility to act DIRECTORS’ REPORT at all times with Overview 2 Group at a glance consideration for our 4 Financial highlights people, our customers 4 Chairman’s statement and the communities A DIRECTORS’ REPORT in which we operate. Playing to our strengths 6 Market review 7 Chief executive’s review 12 Key performance indicators 13 Risk assessment 14 Business review – Mecca Bingo 17 Business review – Top Rank España 18 Business review – Grosvenor Casinos 22 Business review – Rank Interactive 24 Operating responsibly 27 Finance review 30 Tax fact file For further information visit: www.rank.com/investor Cert no.
    [Show full text]
  • Preliminary Results for the Year Ended 30 June 2016 Chief Executive Agenda
    The Rank Group Plc Preliminary results for the year ended 30 June 2016 Chief Executive Agenda Introduction Henry Birch, Chief Executive Financial performance Clive Jennings, Finance Director Operational performance and Strategic Outlook Henry Birch, Chief Executive Q&A Summary Like-for-like revenue growth across all brands and channels Digital revenues up 11% Mecca retail in LFL revenue growth EBITDA up 2% Launch of new digital platform in Q3 Weaker Q4 across retail businesses Investment in building blocks for future growth EPS growth of 5% and 16% growth in dividend Finance Director Financial headlines 2015/16 2014/15 % Gross revenue(1) £753.0m £738.3m 2% Reported operating profit(2) £82.4m £84.0m (2)% Operating profit before RGD(2) £94.0m £90.6m 4% EBITDA(2) £128.2m £126.3m 2% Net debt(3) £(41.2)m £(52.0)m 22% Adjusted earnings per share(2) 15.4p 14.6p 5% Final dividend per share 4.70p 4.00p 18% • Solid performance, with like-for-like revenue growth across all brands and channels • Operating profit up 4% excluding the impact of Remote Gaming Duty • Strong operating cash generation, net debt reduced by 22% • Final dividend up 18% (1) before adjustment for customer incentives (2) before exceptional items (3) position at 30 June 2016 Revenue & operating profit Revenue(4) Operating profit (5) £m 2015/16 2014/15 2015/16 2014/15 Grosvenor Casinos 438.6 423.4 66.2 66.5 Mecca 287.7 289.6 41.5 43.0 Enracha 26.7 25.3 3.6 2.6 Central costs (28.9) (28.1) Total continuing 753.0 738.3 82.4 84.0 • Grosvenor Casinos continued to deliver solid
    [Show full text]
  • Written Evidence Submitted by Rank Group Plc
    Written evidence submitted by Rank Group plc 1.0 Introduction 1.1 This response is submitted on behalf of the Rank Group plc, a FTSE250 licensed betting & gaming company. Rank is regulated in the UK by the Gambling Commission, and DCMS is our sponsor department in government. 1.2 Rank is the biggest land-based casino operator (Grosvenor casinos), and the second-biggest bingo operator (Mecca bingo) in the UK. We employ c. 7500 colleagues and in 2018/19, we paid £159m in UK taxes and £191m in taxes overall. This is 6.5 times the level of profit generated (£29.1m PAT) 1.3 Pre-COVID-19, our 53 Grosvenor casinos, last year, saw over 4.5 million visits from customers who played on 632 gaming tables and 2993 gaming machines. In Mecca, we enjoyed 8.7 million visits to our 77 bingo halls from an active customer base of over 900,000 customers. 1.4 We are very proud to have been in the vanguard of the betting and gaming industry’s response to the call for a ‘national effort’. We have directly informed DCMS, amongst others, of all the work we are continuing to do; for example, using many of our casino and bingo kitchens to provide hot meals to vulnerable groups, our partnership with Blue Light Card for NHS staff and other key workers, and our collaboration with MPs across the UK to support those in need during this crisis. More detail is provided below (in 2.6). 1.5 As we prepare to exit lockdown and hopefully re-open our venues, we reflect on the government’s CJRS which has been hugely important in our struggle to survive the crisis and, in doing so, helped to protect jobs.
    [Show full text]
  • Well Secured Leisure Investment Opportunity
    FOR SALE WELL SECURED LEISURE INVESTMENT OPPORTUNITY 1 & 13 EAST LAITH GATE, DONCASTER, DN1 1NG PRICE ON APPLICATION \ Let to Mecca Bingo Limited (part of the Rank Group Plc) AVAILABLE SPACE 2,145.4m² (23,094sq ft) \ Rental - £110,000 per annum exclusive \ Ten year lease (with tenant break at end of year five) LOCATION RATEABLE VALUE The property is located in Doncaster and fronts onto East Description / Bingo Hall and Premises Laith Gate, on the eastern side of the town centre in a Rateable value / £110,000 mixed retail/leisure area. The main accommodation is located at first floor level above a popular retail parade. COVENANT The town enjoys excellent communication links, being close Mecca Bingo Limited is a wholly owned subsidiary of the to the main motorway network (A1, M18 and M62), and Rank Group Plc who are a British gambling and leisure within 7 miles of Robin Hood International Airport. The company which incorporates the brands of Mecca Bingo main line rail station is close by and Sheffield is some 20 and Grosvenor Casinos. In the UK the company operates miles to the south west 55 casinos and 98 bingo halls together with online gaming and betting. DESCRIPTION TERMS The property comprises a first floor Bingo Hall which is located within a two storey retail block/parade. Access to The property is let on an effective full repairing and insuring the first floor is via a converted retail unit which forms the lease to Mecca Bingo Limited for a term of ten years from principal access to the property.
    [Show full text]
  • The Business Of
    RK004_cover_AW2 tp.qxd:Layout 1 16/3/09 17:38 Page 1 The Rank Group Plc Annual Report and Financial Statements 2008 THE BUSINESS OF Registered office: The Rank Group Plc Annual Report and Financial Statements 2008 The Rank Group Plc, Statesman House Stafferton Way Maidenhead GAMING SL6 1AY Tel: 01628 504 000 Fax: 01628 504 042 Web: www.rank.com Visit us at www.rank.com The RankGroup website provides news and details of the Group’s activities, as well as useful links. The investor section contains a variety of information including the Group’s latest results and current and historic share prices. For further information and to view an online version of this annual report visit: www.rank.com Inside: – Chief executive’s review – Business reviews – Operating responsibly – Tax fact file RK004_cover_AW1.qxd:Layout 1 12/3/09 09:40 Page 2 Our aim is to create fun and enjoyment for our customers through gaming-based leisure experiences. We recognise our responsibility to act DIRECTORS’ REPORT at all times with Overview 2 Group at a glance consideration for our 4 Financial highlights people, our customers 4 Chairman’s statement and the communities A DIRECTORS’ REPORT in which we operate. Playing to our strengths 6 Market review 7 Chief executive’s review 12 Key performance indicators 13 Risk assessment 14 Business review – Mecca Bingo 17 Business review – Top Rank España 18 Business review – Grosvenor Casinos 22 Business review – Rank Interactive 24 Operating responsibly 27 Finance review 30 Tax fact file For further information visit: www.rank.com/investor Cert no.
    [Show full text]
  • Leisure Investment Opportunity Mecca Bingo, Dundee Douglasfield Leisure Park | Douglas Road | Dundee | Dd4 8Jx Leisure Investment Opportunity Mecca Bingo | Dundee 02
    LEISURE INVESTMENT OPPORTUNITY MECCA BINGO, DUNDEE DOUGLASFIELD LEISURE PARK | DOUGLAS ROAD | DUNDEE | DD4 8JX LEISURE INVESTMENT OPPORTUNITY MECCA BINGO | DUNDEE 02 INVESTMENT SUMMARY • The property comprises a purpose built bingo hall extending to 3,281 sq.m. (35,337 sq.ft.) with 223 car spaces, let to Mecca Bingo Ltd (D&B rating of 5A1). • The site extends to a total of 3.37 acres reflecting a low site coverage of c.21%. • Located in a well-established out of town retail and leisure zone on the North East side of Dundee city centre. Directly adjacent to Kingsway East Leisure Park which is anchored by Odeon Cinema (who have recently committed to a 10 year extension to their existing lease). • There has been significant investment in Dundee in recent times which forms part of a wider, longer term plan to regenerate and reinvent itself as a national cultural centre and hub. • Other occupiers in the immediate vicinity include Wickes Extra, McDonalds, ASDA, Pets at Home, Bensons for Beds and Archers Sleep Centre. • Heritable Interest (Scottish equivalent of English Freehold). • Let to Mecca Bingo Ltd subject to a schedule of condition at £319,864 per annum (£9.05 per sq.ft.) until September 2031 (12 years unexpired). • Tenant has recently refurbished and agreed a new 10 year extension to their existing lease. • Lease is subject to RPI linked rent reviews (collared and capped at 0.5%-2.5% per annum) in September 2023 and 2028. • We are instructed to seek offers in excess of £3,754,000 for our client’s Heritable interest.
    [Show full text]
  • Mecca and the Birth of Commercial Bingo 1958–70: a Case Study
    This article was downloaded by: [Lancaster University Library] On: 18 March 2013, At: 08:30 Publisher: Routledge Informa Ltd Registered in England and Wales Registered Number: 1072954 Registered office: Mortimer House, 37-41 Mortimer Street, London W1T 3JH, UK Business History Publication details, including instructions for authors and subscription information: http://www.tandfonline.com/loi/fbsh20 Mecca and the birth of commercial bingo 1958–70: A case study Carolyn Downs a a Centre for the Study of Gambling, University of Salford, Manchester, UK Version of record first published: 21 Dec 2010. To cite this article: Carolyn Downs (2010): Mecca and the birth of commercial bingo 1958–70: A case study, Business History, 52:7, 1086-1106 To link to this article: http://dx.doi.org/10.1080/00076791.2010.523460 PLEASE SCROLL DOWN FOR ARTICLE Full terms and conditions of use: http://www.tandfonline.com/page/terms-and- conditions This article may be used for research, teaching, and private study purposes. Any substantial or systematic reproduction, redistribution, reselling, loan, sub-licensing, systematic supply, or distribution in any form to anyone is expressly forbidden. The publisher does not give any warranty express or implied or make any representation that the contents will be complete or accurate or up to date. The accuracy of any instructions, formulae, and drug doses should be independently verified with primary sources. The publisher shall not be liable for any loss, actions, claims, proceedings, demand, or costs or damages whatsoever or howsoever caused arising directly or indirectly in connection with or arising out of the use of this material.
    [Show full text]
  • News Release
    News Release 23 June 2011 The Rank Group Plc trading update for 25 weeks to 19 June 2011 (all comparisons are with the equivalent periods in 2010) The Rank Group Plc (‘Rank’ or the ‘Group’) announces strong revenue growth for the ten weeks to 19 June 2011, with positive performances from its UK brands. The Group achieved a 7% increase in revenue in the ten-week period (7% on a like- for-like basis). For the year to week 25, total Group revenue rose by 4% and like-for- like revenue was also up 4%. Group and segmental revenue to 19 June 2011* Weeks 16 to 25 Weeks 1 to 25 Like-for- Total Like-for- Total like** like** Grosvenor Casinos 13% 12% 5% 5% Mecca Bingo 2% 1% 3% 3% Top Rank España*** (19)% (19)% (19)% (19)% Rank Interactive 28% 28% 26% 26% Group 7% 7% 4% 4% * Figures not adjusted for free bets, promotions and customer bonuses. ** Like-for-like excludes the effects of club openings, closures and relocations. *** Top Rank Espana performance not adjusted for currency movement. In euros, revenue in the ten- week period fell by 22%. Grosvenor Casinos Weeks 16 to 25 Weeks 1 to 25 Like-for-like Total Like-for-like Total Customer visits 12% 12% 12% 12% Spend per visit 1% 0% (7)% (7)% Revenue 13% 12% 5% 5% Grosvenor Casinos grew like-for-like revenue by 13% in the ten-week period, with customer visits up 12% and spend per visit up 1%. Total revenue increased by 12% as a result of strong trading in both London and the Provinces.
    [Show full text]
  • Mecca Bingo Foljambe Road, Chesterfield, S40 1Nj
    MECCA BINGO FOLJAMBE ROAD, CHESTERFIELD, S40 1NJ WELL SECURED FREEHOLD LEISURE INVESTMENT OPPORTUNITY £3.645M REFLECTING AN ATTRACTIVE NET INITIAL YIELD OF 10% MECCA BINGO, FOLJAMBE ROAD, CHESTERFIELD, S40 1NJ INVESTMENT SUMMARY • Close to the town centre and adjacent to a Lidl supermarket. • The property was constructed in 1996 and comprises 35,481 sq ft. • Site area of 3.320 acres providing a low site coverage of approximately 25%. • Freehold. • The property is let to Mecca CHATSWORTH RD A619 Bingos Ltd until September 2021. • Current rent of £388,238 per annum (£10.94 psf). • Vendors seeking offers in excess of £3.645m (Three Million Six Hundred and Forty Five WHEATBRIDGE Thousand Pounds) subject to RETAIL PARK contact and exclusive of VAT. • Net initial yield of 10% after MATALAN allowing for adjusted purchaser’s costs of 6.51%. • Potential for alternative uses subject to the relevant planning consents. • Car parking for approximately LIDL 225 vehicles MECCA BINGO, FOLJAMBE ROAD, CHESTERFIELD, S40 1NJ B B 6 60 0 51 5 D N 7 A LOCATION EW O B 1 R O 6 N L CHESTERFIELD A W D O R T E O COLLEGE G S A IN T D Chesterfield is a historic market town in Derbyshire. Situated within the East Midlands M1 M ASHGAT S I E R T R OA R B D E corridor on the A61, 12 miles (19 kilometres) south of Sheffield, 24 miles (39 kilometres north E T ST Y RE ER ET of Derby) and 6 miles (10 kilometres) from junction 29 of the M1 motorway.
    [Show full text]
  • Rank/Gala Appendices and Glossary
    APPENDIX A Terms of reference and conduct of the inquiry Terms of reference 1. On 20 August 2012, the OFT sent the following reference to the CC: 1. In exercise of its duty under section 33(1) of the Enterprise Act (‘the Act’) to make a reference to the Competition Commission (‘the CC’) in relation to an anticipated merger, the Office of Fair Trading, (‘the OFT’) believes that it is or may be the case that: (a) arrangements are in progress or contemplation which, if carried into effect, will result in the creation of a relevant merger situation in that: i. enterprises carried on by or under the control of the Rank Group PLC will cease to be distinct from enterprises carried on by or under the control of Gala Casinos Limited; and ii. the value of turnover in the UK of the enterprises acquired exceeds £70 million; and (b) the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the UK for goods or services, including the supply of casino services (i) at a national level in the UK, and (ii) at a local level in the areas of Stockton-on-Tees, Aberdeen, Bristol, Cardiff, Stockport/Didsbury, Liverpool/New Brighton, Leeds, Edinburgh and Bradford. 2. Therefore, in exercise of its duty under section 33(1) of the Act, the OFT hereby refers to the CC, for investigation and report within a period ending on 3 February 2013, on the following questions in accordance with section 36(1) of the Act: (a) whether a relevant merger situation will be created; and (b) if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the UK for goods and services.
    [Show full text]
  • Annual Report and Financial Statements 2019
    Annual Report and Financial Statements 2019 Strategic report Group KPIs 6 Chair’s letter 8 Business model 12 Chief Executive’s Q&A 14 Stakeholder engagement 17 Understanding our market 18 Market review 20 Our strategy 21 Our strategic progress 22 Creating fantastic experiences for our customers is why we come to Operating responsibly work every day. Operating responsibly 26 We are a values-led business, and our STARS values of service, teamwork, ambition, responsibility, and solutions – are what leads us to strive every day to improve our business, and ensure that we are fulfilling Operating review our stakeholders' needs. Operating review 34 Grosvenor Casinos Our commitment to working hard for our Operating review Mecca 36 Operating review International 38 customers and stakeholders is what we Operating review Digital 40 mean by ‘Our work, your play’. Financial review 42 Tax fact file 44 Non-financial information statement 47 Risk management 48 Governance Chair’s introduction 54 Board of directors 56 Corporate governance 60 Directors’ remuneration report 76 Directors’ report 95 Directors’ responsibilities 99 Financial statements Independent auditor’s report 102 Group income statement 110 Group statement of 111 comprehensive income Balance sheets 112 Statements of changes in equity 113 Statements of cash flow 114 Notes to the financial statements 115 Unaudited appendix to the financial 157 statements: Five year review Other information: 158 Shareholder information Our purpose working together to create exciting environments that reflect the changing needs and expectations of our customers and colleagues, delivering stimulating and entertaining experiences every time, To Excite and To Entertain. Our ambition to become a £1bn revenue international gaming company by 2023, through transforming our business and consistently exceeding our customer and shareholder expectations.
    [Show full text]
  • Lucky Dundee Bingo Player Scoops £50,000 Jackpot
    Press release June 2021 LUCKY DUNDEE BINGO PLAYER SCOOPS £50,000 JACKPOT Just under two weeks after Mecca Dundee Douglasfield reopened its doors on 17 May, one lucky bingo player entered the Bank Holiday weekend by claiming a life changing £50,000 on the National Bingo Game. The winner, named Jade Gorthy, was enjoying an evening out at Mecca Bingo Dundee Douglasfield when all her numbers came up and the evening took an exciting and unexpected turn, as she called “house” on the National Bingo Game. The 27-year-old support worker, who has been playing at Mecca Bingo for nearly 10 years, decided to pop in for an evening of bingo with her partner and two friends just as the restrictions got lifted and the club reopened. Jade’s partner first won a small jackpot during the evening before she successfully claimed what she first believed to be a Jackpot of £1,000, but turned out to be a whopping £50,000. Jade said: “I was so happy when I realised I had won, and what a surprise when I realised the Jackpot was actually 50 times higher than I first thought! I think the entire club heard me screaming. As soon as I won I called my grandad, he couldn’t believe it.” Jade revealed that she would like to use her winnings to find a place to live with her partner, and that it’s given her hope after what has been a hard year. James Watson, General Manager at Mecca Dundee Douglasfield, said: “It’s always a fantastic moment when someone calls house on the National Bingo Game, and it feels even better knowing it’s so soon after we could finally reopen our doors.
    [Show full text]