Online Gambling Sites Looking for Expansion
August 13, 2009
Bingo is the way to go – just ask anyone in Europe and they will agree. The game has grown in both popularity and size and now more and more online gambling sites are offering it. What was once seen as a simple game for your grandmother has evolved into a high stakes game of gambling and people are just eating it up.
A British gaming research company just came out with a new report that says that out of all of the online gambling games out there, bingo is one of the most requested and yet it is also the least developed. They say that there is a lot that could be done with the industry and yet they have not expanded in the way that they could have.
They are of the belief that if the online gambling industry is looking for the next big thing to sink their teeth into – this is it. William Hill has already started embracing the idea of online gambling and bingo and they say that they have already started raking in the cash over it. They say that their bingo revenue is up 50% over what it was as more and more people come to the online gambling operator because they are one of the few places offering it in the manner that they are.
According to the online gambling site they expect their revenue from bingo to be more than $375 million this year – and that they think it will be at least the same size, if not bigger than poker within five years. They say that bingo has become so popular that it is unlikely that the recession will have any influence over the growth because it is also very new – and online gambling patrons like new.
