The owners of the Broadway Casino in Birmingham have entered into administration after struggling since the pandemic. Sutton Coldfield-based Clockfair Limited appointed Matthew Ingram and Elizabeth Welch as joint administrators from risk and financial advisory solutions firm Kroll at the beginning of February.
The number of redundancies made has not yet been revealed by administrators, but in 2021 the average number of employees stood at 103.
Kroll said in a statement that: “The casino was forced to close its doors during the Covid 19 Pandemic, in accordance with Government guidelines, which had an immediate impact on its finances.
“Customer footfall at the casino did not return to pre-Covid Pandemic levels impacting on its working capital and ability to pay its debts.”
