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Gambling.co.uk: Gambling News Archive

Online Bingo Means Big Money

New surveys reveal UK gamers spend over £600,000,000

Wednesday 11th June 2008



Online bingo and information monitoring website BingoPort recently discovered that, per annum, UK-based online bingo players are spending a staggering £600m on online bingo tickets.

'We've seen unprecedented growth in the online bingo industry here in the UK in the past year,' said BingoPort’s MD and co-founder, Scott Logan. 'The fact that online bingo players are purchasing bingo tickets in the realm of GBP 600 million annually is truly amazing considering the credit crunch, but not surprising considering the licensing of the online gaming industry in the UK.'

BingoPort also revealed the UK industry leaders based on profits and sheer quantity. Sun Bingo is the largest with 19% of the UK turnover, followed by Gala Bingo (16%) and Foxy Bingo (13%).

'This is the most accurate estimate to date of the size of the online bingo industry in this country,' said Logan. 'As the only company so comprehensively monitoring this data, we are able to gain a unique insight into the industry that isn't possible otherwise, especially since most online bingo operators are not public companies and are reluctant to release information about their turnover.'

 


Source: OnlineCasinoNews

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