Latest News
Support Britain’s £845m seaside arcade economy this half-term, Bacta urges
Hundreds of thousands of people are being urged to support their seaside arcades as the half-term gets underway. The campaign from Bacta follows a further relaxation of Covid-19 restrictions from the UK Government as families across the nation hope to let their hair down and enjoy a much-deserved break.
Support for seaside arcades is essential for many local and regional economies on the coasts of Britain and these gaming centres provide safe places for children and adults of all ages to have fun.
These seaside arcades and related activities contributed a significant turnover of £845m to the UK economy a Gross Value Added of £451m in 2018 (before the pandemic) and were responsible for employing 19,235 people with a cost of employment valuing £292m.
The report, compiled by independent research consultancy Centre for Economics and Business Research Ltd. (Cebr), entitled ‘The contributions of seaside arcades to the UK economy’, calculated the value of the seaside arcade sector to the UK economy, both directly and indirectly.
The research also considered the direct economic contributions made, as well as the wider economic footprint supported through indirect (supply-chain) and induced (wider-spending) impact layers.
Bacta’s most recent call to action follows the trade organisation’s successful Siding With The Seaside Campaign, which highlighted the economic issues costal communities face.
Bacta CEO John White said: “Seaside arcades are at the heart of many costal communities across the UK and they have been particularly hard hit by the pandemic. As this half-term takes off, we are urging people across Britain support their arcade as they enjoy their much-deserved breaks with their loved ones.
“Not only does the seaside arcade economy support almost 20,000 jobs, but the sector generated a staggering £845m in turnover per year before the Covid-19 outbreak. Seaside arcades are a great way to have fun on the coast and they also offer a safe and friendly place for families and other patrons to relax.”
-
Compliance Updates6 days ago
Warren Jacobs joins BetComply board
-
Latest News6 days ago
21VIRAL INTEGRATES EXPANSE STUDIOS GAMES
-
eSports6 days ago
Abios powers upcoming gaming media platform Apollo with in-play statistics for League of Legends
-
Latest News5 days ago
Veikkaus signs partnership agreement with the Finnish Ice Hockey Association
-
Asia6 days ago
JETSYNTHESYS WELCOMES GOPAL SRINIVASAN, MADHUSUDANAN R, AND ARJUN SANTHANAKRISHNAN AS CHENNAI FRANCHISE OWNERS FOR GLOBAL E-CRICKET PREMIER LEAGUE SEASON 2
-
Australia5 days ago
Regulating the Game Announces its Latest Addition to its 2025 Masterclass Series in Sydney
-
Compliance Updates5 days ago
Advertising Standards Authority Partners with Grambling Regulatory Authority of Ireland
-
Asia2 days ago
Government support, medals, and global recognition define a landmark year for Indian esports and video gaming in 2024