Platform Gaming Bar to Close

From TwogPedia
News/Platform Gaming Bar to Close /
Revision as of 16:22, 17 April 2024 by Andura (talk | contribs) (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...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

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 over the gaming industry as a whole. Recently many companies had to lay off employees and some already closed down. Recently 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:
Esports News UK.png
Categories: