News/Platform Gaming Bar to Close: Difference between revisions

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News/Platform Gaming Bar to Close
(Created page with "{{News |seo_title=Platform Gaming Bar to Close |seo_keywords=Platform |image=Platform.jpg |tags=Platform |date=2024-04-17T16:06:16.000Z |sources={{NewsSource |source=Esports News UK |url=https://esports-news.co.uk/2024/04/17/platform-gaming-bar-enters-liquidation/ |article=News/Platform Gaming Bar to Close }} |author=Andura |category=Business |content=Platform Hub One, a game-themed bar chain in the UK, has officially ceased operations and entered into liquidation. The c...")
 
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Even though the closure of the venues is not official yet, the venues are permanently closed. The reports also stated that the company planned to open a new branch before the closure news. Recently SideQuest also closed a venue.  
Even though the closure of the venues is not official yet, the venues are permanently closed. The reports also stated that the company planned to open a new branch before the closure news. Recently SideQuest also closed a venue.  


This news follows the current depressing mood over the gaming industry as a whole. Recently many companies had to lay off employees and some already closed down. Recently [[News/Possibility Space Shuts Down|Possibility Space studios shut down.]]
This news follows the current depressing mood in the gaming industry. Recently many companies had to lay off employees and some already closed down. Not long ago [[News/Possibility Space Shuts Down|Possibility Space studios shut down.]]


However, the current situation of the industry also provides opportunities for the buyers and funds, most recently we have seen [[News/Ninja Kiwi Acquires AutoAttack Games|Modern Times Group acquiring AutoAttack Games through its wholly-owned studio, Ninja Kiwi.]]
However, the current situation of the industry also provides opportunities for the buyers and funds, most recently we have seen [[News/Ninja Kiwi Acquires AutoAttack Games|Modern Times Group acquiring AutoAttack Games through its wholly-owned studio, Ninja Kiwi.]]
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Latest revision as of 16:27, 17 April 2024

Written by Dante Uzel on 17 April 2024 16:06

Platform.jpg



Platform Hub One, a game-themed bar chain in the UK, has officially ceased operations and entered into liquidation. The company was established in 2018. It underwent a rebranding phase during the lockdown and, a year ago, expanded with the opening of a second gaming bar in Canary Wharf in London. As of now, both the Shoreditch and Canary Wharf venues are marked as 'permanently closed' on Google.

According to reports the company officials stated "Unfortunately, due to the company’s financial position, it is with regret that the decision has been made to cease trading and place the company into creditors’ voluntary liquidation."

Even though the closure of the venues is not official yet, the venues are permanently closed. The reports also stated that the company planned to open a new branch before the closure news. Recently SideQuest also closed a venue.

This news follows the current depressing mood in the gaming industry. Recently many companies had to lay off employees and some already closed down. Not long ago Possibility Space studios shut down.

However, the current situation of the industry also provides opportunities for the buyers and funds, most recently we have seen Modern Times Group acquiring AutoAttack Games through its wholly-owned studio, Ninja Kiwi.

Tags: Platform

Sources:
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