"Praesepe taking a punt on liberalisation of bingo and slot machines" - Daily Express

Praesepe taking a punt on liberalisation of bingo and slot machines  - Media Coverage

By Philip Waller

GAMING outfit Praesepe is taking a punt on the liberalisation of bingo and slot machines after snapping up a rival in a reverse takeover. Besides the £5million ticket price, Praesepe has also taken on £40million in bank debts as part of the deal to buy Beacon Entertainments. Besides the £5million ticket price, Praesepe has also taken on £40million in bank debts as part of the deal to buy Beacon Entertainments.Praesepe’s gambling lounges include the Crystal Rooms casino in London’s Leicester Square. The firm said the deal, expected to produce savings of £2million a year, would allow it to enter Britain’s £1.7billion bingo market.

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