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The US has rules and regulations about online gambling and states that its citizens and residents are not allowed to play bingo or most other gambling games online. In fact, any online gambling sites which take deposits from US residents are deemed to be acting illegally and the Department of Justice (DoJ) is now taking [...]
May 30th, 2011 | Posted in Financial News | Read More »

Since bingo halls hit the scene with some force in the 1960s, the market in the UK has become somewhat saturated. New bingo sites are still coming online seemingly every month, but can so many new online bingo start ups really survive in such a competitive market place? The major players in the sector are [...]
May 19th, 2011 | Posted in Financial News | Read More »

Amidst many objections about the proposed building of the community gaming centre in Chilliwack, Canada, it looks as if the deal has finally been set with an offer of $10,000,000. This covers the acquisition of the Chilliwack Bingo Association (CBA) and five acres of land attached to the place. Some two or three years [...]
May 18th, 2011 | Posted in Financial News,Latest Bingo News | Read More »

Gala Coral, the gaming giant, is discussing plans to install Playtech’s software on their website. This could include online bingo, casino games of all descriptions and sports betting. It is following similar discussions that Playtech had with William Hill, the UK bookmakers, but the company commented that this was to supply software only and not [...]
May 17th, 2011 | Posted in Financial News | Read More »

There is no doubt that the online bingo market place is extremely competitive and somewhat saturated. The days when an online bingo operator could simply “open up shop” offering a free no deposit bonus, then watch the money come rolling in are long gone. Free deposit bonuses are now much less effective as online bingo [...]
May 15th, 2011 | Posted in Financial News | Read More »

Rank Group, which comprises of bingo halls around the UK and Europe plus established online gaming businesses has made recent news as one of its largest shareholders has purchased additional stock — enough to raise their stake to stand today in excess of 40 percent. The bingo company, its investors, and the player community [...]
May 11th, 2011 | Posted in Financial News | Read More »

Shareholders of Rank Group — the company that owns and operates Mecca Bingo — have an interesting offer to consider after the Asia-based Guoco Group increased its share percentage to 41 percent and offered to purchase the remaining stocks at a price of 150 pence per share. This offer was deemed necessary as Guoco’s [...]
May 8th, 2011 | Posted in Financial News | Read More »

With an active online community and over 100 halls stretching across the United Kingdom, Mecca Bingo is a centrally popular business. This active company caters to every bingo player from the casual and infrequent gamer to the aficionado who takes a more active — if not professional — approach to this classic pastime. On May [...]
May 8th, 2011 | Posted in Financial News | Read More »

William Hill, Britain’s largest bookmaker and the owner and operator of William Hill Bingo, has expressed its confidence over its financial results and forecasts. This comes after high demand for its internet gambling enterprises — like bingo — gave the company’s first-quarter profits a welcomed boost that resulted in an increase in share price. [...]
April 21st, 2011 | Posted in Financial News | Read More »

Look out, U.S. gambling institutions: U.K.-based online gaming firms are on the prowl for your customers. The nation’s capital of Washington, DC is poised to pave the way for the relaxation of the States’ strict gambling laws by becoming the first U.S. region to legalise online gambling, even before such internationally renowned gaming hotspots [...]
April 16th, 2011 | Posted in Financial News | Read More »