June 2008 Archives
While other British industries are anticipating lean if not bleak times in the near future the same cannot be said for online bingo.
A leader in the industry says there's excellent scope for growth in the online bingo sector in the next one to three year specifically.
"Online bingo site launches are expected in Spain in the next three months and also in Denmark, Sweden and Ireland shortly. All are underdeveloped markets that have a history and culture of bingo halls so you would expect them to follow the U.K. market in terms of growth" says Al-Haig Thomas, chief executive of Virtue Fusion, a leading online bingo software provider.
British online bingo sites are keeping their fingers crossed that the success they have experienced here can transfer to neighbouring European nations.
According to Phil Fraser of bingo information site 'Which Bingo' the U.K. is the world's most developed online bingo market. In 2004 punters had just 17 websites to choose from in the U.K. - now that figure is a massive 243, thats an approximate 1400% increase in the amount of sites available in just four years.
So in financial terms how has the market growth and increased competition in recent years effected revenue. Well last year alone £650 million was spent on online bingo in the U.K., companies pocketing a substantial £120 million in profits.
When you regulate an industry you must also ensure that it has a watchdog which can protect the rights of the consumer.
In relation to gambling in the
Set up in October 2005 under the Gambling Act of the same year it has taken over the role of the Gaming Board for
It's mission statement says it aims to "help to protect children and vulnerable people from being harmed or exploited." -i.e. not getting their pockets emptied like the poor character pictured left!
It is also responsible for advising local and central government on issues related to gambling.
So how useful is the gambling commission and what kind of questions are they asked on a regular basis? Well here are just some of those queries and the corresponding answers. (all questions on gambling comm. website)
Oh dear - it seems Getminted.com have finally lost the plot.
The leading British online gambling site is offering 100 % bonuses for new members.
It's the stuff of legend but fear not -the 100% bonus is 100% true!
If you register today and make a deposit of between £5 and £50 you will get a bonus matching the amount you've deposited.
In other words if you deposit £10 the lovely people at Getminted will give you another £10!
Now if you're a big spender (and lets face it most of you are in this day and age!!!) you will get a guaranteed 50% bonus.
This kicks in once you've lodged more that £50 up to £500. So Deposit £500 and you'll get £250 back in bonuses.
So before the men in white coats respond to this breaking news and try to locate our offices remember we are doing this for you the player.
Its an simply fantastic offer and one any online player should avail of today.
And remember if you have, tell your friends, tell your enemies, tell your shrink!
A large chunk of England, Scotland, Wales, Northern Ireland and Republic of Ireland football fans will sulk over the next month.
Their respective players will be relaxing on sun-drenched beaches while the footballers of other European nations fight it out to lift the European Championship trophy.
But before you pull the curtains until the start of the Premiership season remember money can be made on this competition.
Switzerland and the Czech Republic get proceedings under way tomorrow at the St. Jacob-Park stadium in Basel with the opening game of the Championships.
VC Bet has a huge range of bets on the various games of the tournamnet including - correct score, first scorer and double result (half-time/full-time) are also available for the football punter.
