Many predicted the end of the bingo boom or perhaps a slow down during 2009 but how wrong they were. Not even the economic slowdown can halt the online bingo boom. Online bingo operators such as Jackpotjoy Bingo have reported strong growth during 2009 plus so have virtually all other UK online bingo companies. If you live in the UK you would have noticed that the war for new sign ups has expanded to TV. It seems every prime time TV show is either sponsored by an online bingo site or the commercials are crammed with online bingo adverts.
Of course no boom lasts forever and the UK online bingo market has become saturated. There is scope though for the UK sites to move into Europe. Many European countries do have a bingo culture and these countries are ripe for marketing. Party & Mecca have already stated that countries such as Spain & Italy will be targeted during 2010 so expect other sites to follow. Online casino sites such as 32Red Casino are also making strides into Europe.
For some time Americans have been unable to gamble online due to the safe port act. This could change during 2010 as analyst predict this law could be scraped. If Americans are allowed to play at European online bingo sites then you will see an even greater boom. Perhaps now may be a good time to buy a few shares in UK online bingo sites?
