Real Fun Group expands bingo empire

A Staffordshire-based gaming company is expanding its UK operations and online presence.

Real Fun Group has secured a six-figure funding deal from alternative finance provider Reward Funding to acquire a bingo hall in Lowestoft from MERKUR Bingo. 

Founded in 2023 by entrepreneurs Kevin McGinnigle and David Gallimore, Real Fun Group now operates eleven traditional bingo clubs across England and Wales. 

Bosses say the investment will support the company’s strategy to grow its portfolio of UK venues while strengthening its digital offering in the gaming sector.

They add that the recent funding follows a seven-figure facility from Reward Funding last year, which enabled the acquisition of the Majestic Bingo estate. 

Kevin said: “Reward’s ongoing support has been instrumental in helping us scale quickly and seize strategic market opportunities. 

“From day one, they have taken the time to understand our business, our model, and the potential of the leisure and entertainment market.

“Key to the finance deal being completed was the trust and confidence Real Fun Group has built with Reward as a funding partner.

“The Lowestoft bingo hall was still trading prior to the acquisition and this established relationship meant that it was in a strong position to act quickly when the opportunity arose and have the finance in place to secure the site and reopen immediately to avoid losing additional revenue.

“After the successful acquisition of the Majestic estate, it made perfect sense to return to Reward for this next phase because we have found a lender we trust and one that has been a true partner in our journey so far.”

Gareth Boardman, client relationship manager for Reward Funding, added: “Real Fun Group is a prime example of the kind of entrepreneurial business we are proud to support. 

“From their first acquisition to this latest deal, Kevin and David have shown a clear vision for the company. 

“As a long-term client, they demonstrate how our tailored approach to funding continues to meet the needs of growing businesses across the UK.”

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