GAMBLING NEWS
Bingo market set to explode
Aug 19, 2009
H2 Gambling Capital has released a research report on gambling growth and bingo is the game that is predicted to grow the strongest during the next year and a half and the growth will continue for a long period of time. The growth of the bingo market is predicted to rise with over 20 percent annually creating total revenue for the online bingo market in the end of 2010 of 1.6 billion dollar. Bingo is predicted to grow the most in Mediterranean countries Italy and Spain where there is a large tombola culture already
Bingo is a game that has been around for decades and has been played in bingo halls all over the world. The migration from players playing bingo in bingo halls to the bingo halls online is going slower than in the case of poker. One of the reasons for this is that the bingo audience is a more mature gambling audience and not used to the internet in the same way as the often more enthusiastic and adventurous youngsters playing poker online who all started playing online creating the poker boom in 2003.
H2 gambling capital is a research center based in Manchester, England and is one of the leading research company’s on the gambling market with clients such as Party Gaming. H2 focuses more on gathering fact about trends and reviewing statistics than anything else. The data released from H2 Gambling Data shows not just great growth the coming year and a half but figures indicate that the bingo market will grow as big as the online poker market within a time span of 5 years.
