Buzz Bingo has released its full-year 2024 results, confirming that Net Gaming Revenue (NGR) rose by 5% year-on-year to £217.2 million ($293.2 million). Both retail clubs and online platforms contributed to the increase, though land-based operations provided the largest share of income.
Retail revenues finished the year at £173 million, reflecting a 3% improvement from 2023. Online operations through Buzzbingo.com and Buzzcasino.com also reported gains, with revenue up 14% to £44.2 million. Together, these figures underline steady growth across both physical and digital channels.
Stronger Earnings and Cash Flow
The company also reported a stronger underlying earnings performance. Underlying EBITDA climbed 20% to £41.8 million. This was supported by a sharp increase in net cash flow from operating activities, which rose to £39.7 million, a 28% improvement on the £30.9 million achieved the previous year.
The sharp rise in operating cash flow represents the most significant uplift among Buzz’s reported financial metrics, further reinforcing the company’s progress in 2024.
Strategic Focus and Future Outlook
Looking ahead, Buzz Bingo emphasised that its priority remains reinforcing its brand as the UK’s leading bingo provider. Director Matt Eatock commented: “Buzz’s single-minded focus is to be the nation’s number 1 choice for bingo. The core strategic focus is on creating a fun, entertaining experience for our customers, leveraging Buzz’s many years of experience at the heart of many communities across the UK.
“Through building upon its customer centric omni-channel offering, Buzz will focus on delivering great value for its customers and enabling them to play wherever is most convenient for them. The underlying investment and operational strategy will continue to centre on enhancing the customer experience across both clubs and online whilst ensuring we minimise the risk of harm at every stage.”
This statement reflects Buzz’s ongoing commitment to omni-channel delivery, ensuring players can engage with its offering seamlessly both in person and online.
Acquisitions, Investment, and Regulation
During 2024, Buzz Bingo bolstered its retail footprint by acquiring two Merkur bingo clubs. It also offshored its online business to Gibraltar, aligning operations with strategic growth objectives.
In parallel, the operator launched a £25 million investment program designed to modernise its venues as part of a long-term refurbishment strategy. This plan is expected to elevate the in-club experience and strengthen the company’s position in the retail market.
The business also came under regulatory review in 2025, when a Facebook post by Buzz Bingo Grimsby prompted two complaints over its potential appeal to under-18s. Following investigation, the Advertising Standards Authority concluded that the allegations could not be upheld.
With a mix of financial gains, expanded assets, and substantial reinvestment in its physical venues, Buzz Bingo has positioned itself for sustained growth across both its retail and digital divisions.
Source:
Buzz Bingo FY24 results see 5% NGR growth to £217.2m, Gambling Insider, September 23, 2025
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