Online Bingo is a social game offering interactive chat rooms and near non-stop bingo games. But compared to other remote gambling such as online casinos and sports betting, bingo generates far less revenue.
The average spend of casino players is the highest, followed by sports betting, and bingo trails far behind. One reason for this is because bingo is first and foremost a social game, where-as for casino and sports betting the focus is on playing against the house and beating the odds.
Popularity Contest: Bingo Halls vs Bingo Chat Rooms
The number of Land-based bingo halls has dropped year on year until 2018 when the number increased for the first time. This increase may be a sign that bingo players still enjoy the offline experience compared to online social gambling.
Legislation and Regulation
The UK Gambling Commission continues to legislate with a heavy hand, handing out fines for breaking responsible gambling laws and severely limited the type of advertising allowed by gambling operators.
- All gambling ads on British TV must show or reference responsible gamings support service, begambleaware.org
- A 15% general duty tax was implemented on all bets, both free and discounted. Profoundly affecting welcome bonus and free spin offers.
- To reduce the risk of child gamblers, any content, games, characters, mascots or themes which could attract under-18 year-olds were banned.
- Stricter KYC laws were implemented requiring all remote gambling customers to be identified before placing any bets, including free bets such as no deposit spins, free bets and no deposit bonuses.
List of Closed Bingo Sites 2019
DF = Dragon Fish
VF = Virtue Fusion
|Closed Bingo Site||Software|
|Ace of Bingo||VF|
|Big Bucks Bingo||Cozy|
|Big Love Bingo||Cozy|
|Bingo With Kerry||VF|
|Gold Medal Bingo||DF|
|Golden Hat Bingo||VF|
|Have a Ball Bingo||Cozy|
|Kelly’s Eye Bingo||Cozy|
|Love My Bingo||Cozy|
|Love Your Bingo||VF|
2019 has already seen more bingo sites close than 2018, with four months still to go. Plus, the UKGC is currently undertaking a consultation to ban the use of credit cards in gambling which if it goes into effect, may contribute to more bingo sites closing.