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More Britons than ever are trying their hand at online gambling despite the worsening economic climate.
The results of an extensive survey by the UK Gambling Commission released this week shows that the quality of online gaming sites and the prizes on offer continue to attract players here.
Conducted by ICM Research the survey dealt with last year (including the final quarter of the year when recession loomed) and found an increase in the amount of people who say they'd used one remote form of gambling or another.
The news will come as a major boost to the online gambling sector here as it prepares for a testing year.
The Commission's study revealed that 9.7 percent of the 8,000 adults surveyed had gambled using a computer, mobile phone or interactive/digital television over the last month. This compares with 8.8 percent for 2007 and 7.2 percent for 2006.
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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.
Today another gambling ad has been banned from our screens by the Advertising Standards Authority.
This time William Hill was the company to fall foul of the ASA's strict guidelines.
The British bookmaker has been harshly criticised after an advert for it's online bingo service was taken out of circulation for condoning "socially irresponsible" gambling.
The advert showed a woman hurrying her husband off to work by moving the hands of the kitchen clock forward, before running upstairs to play William Hill online bingo and stating " I get mine the minute he's out the door". She later moved the hands of the clock back saying "Doesn't time fly."
In a ruling the ASA said the advert (which you can see by clicking on http://www.guardian.co.uk/media/video/2008/may/28/advertising.william.hill) "implied the woman was desperate to play bingo and was either unable to wait any longer or wanted to keep that secret from her husband."
Understandably industry figures are bemused by the hard line being taken by the ASA in relation to this gambling add.
For example it could easily be argued that ads run for alcoholic drinks such as 'Wicked' are 'socially irresponsible' but it seems the ASA find no fault with these.
But is the gambling advertising sector being treated unfairly or is that just the industry perception?
It's been another highly successful twelve months for Foxybingo.com as the online bingo arm of Cashcade Ltd goes from strength to strength.
In recognition of its continued high performance in the online bingo industry the site has been nominated for two prestigious awards.
On June 17th at the Royal Garden Hotel in London the Bullet business online bingo awards will be handed out with Foxy bingo up for an award in the 'Online bingo operator of the year' and the 'best marketing campaign 2008' categories.
In such a highly competitive field even getting nominated for such an award is an achievement though many in the know believe Foxy has an excellent chance of lifting the gongs.
There was a time when Bingo was simple. Some would say too simple!
But now with sites such as FoxyBingo.com bingo has taken on a different life with giveaways, promotions, chat rooms and much more adding to the much loved gambling experience.
The days of the smoke-filled halls with players keeping their fingers crossed for minimal rewards seems gone for good.
In this article we focus on FoxyBingo.com specifically and discover how bingo has changed very much for the better?
