Two masked men armed with axes threatened staff before stealing cash from the till of a bingo club in Leeds.
The duo entered Mecca Bingo in Hunslet shortly after 9pm on Sunday night and demanded that staff hand over over the money.
Police said the robbers were challenged but initially managed to escape in a getaway car waiting outside the club in Balm Road.
A West Yorkshire Police spokesman said: “Staff and members of the public chased them outside and pursued them as they left the scene in a black vehicle driven by a third man.”
However, detectives have since recovered a vehicle and arrested a 28-year-old man from Leeds on suspicion of robbery.
Mecca operations director John Dyson said: “Our team followed security procedures and complied with the gang’s demands, giving them money and no one was hurt.
“The police are dealing with the matter and we are helping them with their enquiries. We are also providing support for our team and customers who are understandably shaken by this incident.”
As the investigation continues, police are urging anyone with information on the robbery to come forward.
Contact Leeds District CID via 101, quoting crime number 13170384252, or call the independent charity Crimestoppers anonymously on 0800 555 111.