|The two fastest growing companies in the online bingo business have just signed an agreement to merge. |
BingoWorkz Ltd and GameWave Solutions Inc will merge to form GameWorkz, a one stop shop for bingo.
The merged company will immediately become the biggest online bingo operator with over 50 licensees signed to the World Bingo Network.
Two of the biggest online casino groups have already closed deals with GameWorkz to become part of the World Bingo Network, and a number of others are showing serious intent.
GameWorkz offers licensees the opportunity to set up an independent, stand-alone bingo site if they choose to do so, or the opportunity to join the World Bingo Network where players from an infinite number of sites world wide all play in one single bingo game simultaneously.
Prizes on the networked games are far bigger than any competitive sites can manage.
Growth over the next eighteen months is expected to remain robust, with the new company projected to more than double in size every six months.
Still on the subject of bingo, Gaming operator Gala Interactive, will launch Gala Games this month. That will be quickly followed by Gala Casino and Gala Bingo, all of which will be supported by distinct viral email promotions, banner advertising and PR campaigns.
The company recruited Carlton Interactive, to develop the web infrastructure; and Quova, the web geography specialist, to ensure that wagers are not placed from countries where it is illegal to bet via the internet, most significantly the US.
The CSFB-owned outfit said it concentrated on 'quality and innovation', as it pursues market share in what is becoming an overcrowded online gaming market. It has spent two years on research and development, and decided to build its gaming platform from scratch, rather than using an off-the-shelf package.