Online Bingo Industry Still Scores a Full House
By Miriam H
According to research by the Global Betting and Gaming Consultants (GBGC), the online bingo industry generated prize funds of £72 million in 2006 – and that figure that is set to soar by 2008.

Analysts are also predicting that within five years the online bingo sector will be worth upwards of £164 million, which comes as no surprise with a number of leading companies, including Ann Summers recent launch of ‘Sexy Bingo’ and The Sun newspaper’s much publicised bingo site, capitalising on the booming market with the launch of their own online bingo brands.

Phil Fraser, founder, of Which Bingo and Chairman at this years 2nd Annual Online Bingo Summit, taking place September 25th – 26th in London offered his views on the growth of online bingo: “Increased awareness of online bingo in the mass market, driven by the big land-based bingo brands and media owners’ bingo sites, means that there is indeed still much room for growth. Continuing increases in broadband into people’s homes and the increase in variety and quality of product also contributes to this opportunity.”

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