Praesepe Plc

Praesepe is an adult gaming center operator in the United Kingdom. Praesepe was formed in October 2007 when Nick Harding took control of a cash shell called Aldgate Capital. With the help of Marwyn Partners (a public markets investor who took a cornerstone investment position in the business) further equity was raised and a number of acquisitions were made in the UK AGC (arcade gaming) sector. In 2009 the company was renamed Praesepe. For information the ‘Praesepe’ is a cluster of stars in the constellation of Cancer. It is sometimes also called ‘The Beehive Cluster’. This comprised some 28 AGC venues and 6 licensed Bingo Clubs. One of these clubs was the Beacon Club in North London. This club is generally regarded as the largest Bingo Club in Europe. Later that same year Praesepe acquired a further three Bingo Clubs from the Noble Organisation.

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