Godden Gaming has reported record turnover of £11.8m for the year ending 31 March 2025, however acquisition and administrative expenses of nearly £5m pushed the FEC operator into a £656,778 pre-tax loss for the period.
Palace Amusements operator Godden Gaming has reported record revenue of £11.8m for the year ending 31 March 2025, up 65 percent on the prior year period, with gross profit rising from £2.2m to £3.8m.
Despite the increase in turnover, a 56 percent increase in the cost of sales as well as administrative expenses of nearly £5m meant the company recorded a loss of £656,778 compared to pre-tax profit of £935,231 in 2024.
It’s an ambitious and progressive policy from the business, as the directors alluded in their statement. “The group continued to acquire underperforming venues centres, further investing in refurbishments and new infrastructure and gaming machines to bring forward turnaround strategies to all these new venues.” It added: “The group continues to seek purchases of underperforming venues as well as new site greenfield opportunities.”
Given the fragile nature of the sector, with the Gambling Levy contributions, rising costs and energy price hikes, the business has been particularly forward thinking.“The group also continued its programme of acquiring strategic freehold assets to complement its current and future operations. The group intends to maintain the number of freehold sites from which it trades at greater than 50 percent. During the period, the group acquired and disposed of several gaming centres and continued to open greenfield locations as well as investigating multiple acquisition opportunities.”
Godden Gaming currently operates four FECs and 25 Palace Amusements sites across the UK, including the De Luxe Bingo Hall in Hastings, which it acquired in April 2024 and officially reopened in March 2025, following a “significant investment” in the seafront premises.
Figures invested in the purchase of tangible fixed assets for the year rose from £2.9m to £10.3m, though £320,000 was listed as having been spent on investment property, down from £4m in 2024.
“The directors expect that the Group will see further growth potential in the coming years in both turnover and profitability as the Group continues to invest and expand.”
An eye on the future
Godden Gaming said… “The directors expect that the Group will see further growth potential in the coming years in both turnover and profitability as the Group continues to invest and expand…
Originally published on Coinslot on May 11, 2026. Republished with permission.