Buzz Bingo has unveiled its financial results for the fiscal year 2023, showcasing a commendable performance marked by a 14% increase in EBITDA. The company also reported significant improvements in net gaming revenue (NGR) and strategic investments, underscoring a robust year for the bingo operator.
Buzz Bingo emphasized its strategic investments in player protection and responsible gambling as critical areas of focus. Dominic Mansour, CEO of Buzz Bingo, remarked, “We delivered a solid performance in 2023, with strong online growth ahead of the market and underlying profitability up 14%. 2023 was a year in which we focused on resetting the business’s foundations and putting in place our omnichannel strategy to deliver sustainable growth.”
Mansour expressed confidence in the company’s future, noting that the momentum from 2023 has carried into the current year. He stated, “With our strategy now firmly in place, we are continuing to maintain the momentum into the current year and are pleased that EBITDA for the first half is up nearly a quarter, in clear evidence that our turn-around plan is delivering.”
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