The Booming Online Bingo Business
A Glorious Future!
While online gambling is nothing new, the extent of its popularity has taken everyone by surprise. Even the
simple game of Bingo, once played in halls for a paltry amount of money, has become a global passion, with
the advent of online Bingo games
Online Bingo games yielded gross earnings of $50 million in 2006, and this figure does not even ../include
the money made in United States! Industry estimates suggest that America alone contributes a share that
exceeds revenues from the rest of the world. Little wonder, online Bingo is forecasted to garner a whopping
by end 2008.
Though online Bingo games have been around in the US for long, the UK is also fast catching up. Online Bingo
games have been declared the most popular leisure activity in the whole of Britain. Surprisingly, it is those
in the age group of 20-25 years who are logging in to play Bingo
. In the US, it is mostly senior citizens who
play Bingo online
A boom in 1990s saw online gambling operators doing roaring business. It is estimated that an operator's annual
turnover exceeds $5 million. In recent times though, concerns have been raised about the social and economic
impact of online Bingo games. Even in the US, online gambling is
illegal in states where land-based gambling is prohibited.
Undeterred online Bingo
fans are increasingly breaking the law
to gamble in cyberspace. This has triggered off other concerns like underage gambling, pathological gambling,
lack of consumer protection, criminal abuse and other pitfalls of gambling and online safety. For an industry
that's growing so fast, glitches of this nature are quite common and there is a constant effort to iron them
out. As the industry matures, superior standards and responsible players will add to the fun.