BusinessCompany NewsCash Inn pub quiz victim of credit crunch

Cash Inn pub quiz victim of credit crunch

Jasper Carrott’s online pub quiz has fallen victim to the credit crunch

Jasper Carrott’s online pub quiz Cash Inn is out of cash, forcing parent
company Innterplay to explore ‘refinancing and restructuring’ options.

It is believed technical issues, now resolved, forced the suspension of the
quiz four weeks after it went live at the beginning of December, The
Publican
reports.

Accountancy firm
BDO
Stoy Hayward
is advising Innterplay on ways to return to profit and has been
seeking fresh investment to bail out the project. The Cash Inn show, was beamed
out to pubs where customers could compete for prizes of up to £10,000.

BDO Stoy Hayward said it was ‘currently working with directors in an advisory
capacity looking at opportunities for further investment in the business’.

Read
story in The Publican

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