Crisis in the slot machine business

Crisis in the slot machine business

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There’s a big crisis in the UK's pubs and many slot machine businesses has been sold already. The firm Inspired Gaming Group has about 40.000 machines in 10.000 pubs in Britain.

Bosses of this firm said that one of the reasons of the crisis is the smoking ban, because most of the people prefer to have a drink at home than in a pub where they’re not allowed to smoke.

That’s how there are just a few persons who still go and play with the slot machines. Other reasons are the credit squeeze and the high energy bills, which forces people to save more money, so they can spend less for playing. Many pubs closed last year because of the beer sale slump. Though the situation is getting worse, some of the pub landlords are focusing on selling food instead of having fruit machines and that makes Inspired Gaming Group worry even more about its business.

There are about 2.500 persons working in the IGG and that’s why they need to sell their machines elsewhere to save the firm. The places where these machines are sold, are the betting shops, leisure centres, holiday camps and abroad. It seems that this business is going well and that the firm will make a big profit in this year, but still the pub division causes a turnover.
To save the situation and make the profits rise, they could offload the pubs, but there are City experts who are worried about the struggle to find a buyer and that they will have to shut it down.

Tags: slot machines gaming group UK slots

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