Without a doubt, online bingo is one of the fastest growing pastimes in the online gaming industry. This is told in the facts and figures that are being released on an almost daily basis. The game is extremely popular in the UK, US, Japan, Australia, Canada and New Zealand and is rapidly growing in popularity into the European marketplace. Although the European marketplace has not opened up to the idea of online gaming in it’s fullest yet, changes are taking place that will see an increase in the interest of online bingo playing. There are still many Eurpean countries that are behind the times in terms of the concept of online gaming and certain countries who are loath to let go of state controlled lottery and gaming activities.
Recently both Spain and Italy have opened up to the idea of online gaming and the Spanish market in particular is in a massive growth phase. To this end online bingo operators have begun to offer Spanish language games to the market and the potential for growth in this market, has been estimated to be huge. Not only will online bingo operators be offering services to Europe but to the masses of Spanish Speaking people world-wide. One only has to think of the size of South and Central America and think about all the Spanish speaking people who live there to realize the potential of online bingo in these countries. Online bingo is also nibbling at the shores of Asia, another potential mass market, they already like playing bingo and China, can you possibly imagine what kind of an impact it would have there?
Already in the UK online bingo players are spending upwards of ₤600 million, this translates into billions when you think of it in terms of dollars. Take a look for instance at the company Party Gaming, they had to get out of the US online bingo marketplace with the promulgation of the Unlawful Internet Gambling enforcement Act, and when they did, they brought their business to the UK. While UIGEA brought many online bingo operators to their knees, Party Gaming launched shares on the London Stock exchange and the two owners for the company made $7 billion between them. These are some really serious numbers, and they are being noticed by entrepreneurs and business people alike. Everyone wants to ride the crest of the online bingo popularity wave.
