In a move which many would never believe has happened, the sport of bingo has become something of a national pastime in Bolivia. While many British bingo companies might be sitting back and waiting for the money to roll in it would appear that the main reason for this massive surge in interest is a repositioning of gambling interests by a number of Russian online gambling companies. So what is going on?
Traditionally these Russian companies have made substantial money from online gambling activities although the Bolivian authorities are set to clamp down on online gambling companies in the summer. In their quest to replace this potential loss of income it appears that Russian companies have been heavily promoting online bingo which has literally taken off in the country. The chance to play online bingo 24 hours a day, seven days a week is seeing more and more people signing up which opens up a potentially enormous worldwide market.
While there are some concerns that the Russian Mafia may well have some influence below the waterline with these online gambling companies everything seems to be above board at the moment. The power of bingo has never been greater and there has been significant expansion into non-traditional markets although the likes of the UK and the US are still very much market leaders.
In a move which many would never believe has happened, the sport of bingo has become something of a national pastime in Bolivia. While many British bingo companies might be sitting back and waiting for the money to roll in it would appear that the main reason for this massive surge in interest is a repositioning of gambling interests by a number of Russian online gambling companies. So what is going on?