Bingo sites revenue increased

3rd September 2010 8:39 AM

We have seen many new online bingo sites opening their virtual doors this year and a few of us have been wondering just how many more the market can take before it becomes saturated and players start losing interest in the new brands. Reports that two bingo sites revenue has increased could indicate a clear answer to this question, which has been on the lips of many people for quite a while. William Hill Bingo and bingo sites behind 888 Holdings such as Wink Bingo and Foxy Bingo have all seen an a positive rise in revenue.

888 Holdings who are behind names such as Wink Bingo and Foxy Bingo, recently they announced cost cutting measures such as forgoing dividend payments, and this is largely due to a decline in profit for the company as a whole. These declines were mainly from the poker and casino arm of the business, but the pre-tax figures for six months to June 30th show a rise in revenue produced from their bingo sites, such as Wink Bingo and Foxy Bingo. This clearly shows that bingo sites are well and truly open for business.

Another of our favourite bingo sites has also endorsed this with details of their pre tax profits for the same period. William Hill Bingo has also seen an increase in revenue which is a strong indication of just how lucrative online bingo sites are, despite the amount that there are to choose from.

It would be reasonable to think that as online bingo sites are fairing so well at the moment, the competition will continue to heat up between them and any new bingo sites. This of course is great news for those of you who use online bingo sites as this is likely to bring you more offers and promotions and better value for money.

Foxy Bingo, Wink Bingo and William Hill Bingo are all well known brands and many of you will be aware of the great offers and value for money that these bingo sites already give to their players. However, if things continue as they are, it can only mean that as time goes by, online bingo sites will be offering bigger and better things to their players.

Written by Frankie Edwards
 

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