Increase in broadband likely to contribute to growing online bingo market

July 10, 2008

The chairman of Global Betting and Gaming Consultants recently gave his view at the Bingo Summit conference in London that online bingo games will eventually grow to represent up to 25% of the world online gaming and betting market.

Claiming that the industry is still in its infancy, Warwick Bartlett said. "We estimate that by 2012 online bingo will account for 25 percent of the worldwide betting market and deliver profits in excess of $2 billion.”

He made special mention of the impact broadband will play in the growth of bingo online, saying: "As broadband penetration increases, people become more conscious about the cost of driving to real-world bingo halls.'' He added: "When they find that they can't smoke when they get there, playing online bingo from home becomes more and more attractive. From a customer point of view it is a great gambling proposition at a very low cost.

Written by John Witherspoon – Need the best online bingo games? BingoStreet.com collected the best online bingo promotions and free bingo games online.

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