The acquisition party for all things bingo online seems to be shifting up a gear if news from Parlay Entertainment is to be believed.  Adding to an existing offer by Mark Blandford’s PEIC Acquisition group of C$12.3 million, the online bingo software developer has revealed there are two more offers now on the table.

While it will be closer to the end of February before we get an actual sale of Parlay, the news does confirm that interest in the online bingo market is still on a potent upward trend.  This is good news for online bingo operators who might be feeling a bit spooked by what is going on in the larger economy.

Fears of recession in the US are likely to spook most businesses due to the predicted slowdown in consumer spending.  However, the online gaming market, and free online bingo games in particular, may actually benefit from a downturn in the consumer economy as people turn to forms of entertainment closer to home.

The capacity for consumers to seek entertainment despite economic conditions spells a great opportunity for online bingo operators to position themselves in the online gaming market.  I think we’ll see online bingo grow irrespective of what happens in the wider economy.

Written by John Witherspoon – How about playing bingo online? The best free online bingo games are just one click away.

This entry was posted on Monday, February 18th, 2008 at 9:47 am and is filed under Online Bingo. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.