Bingo Entertainment Shows 48% Revenue Hike in UK Market

Gina Bingo Revenue HikeWhile the poker industry is fluctuating and floundering in the aftermath of Black Friday, the online gaming businesses are seeking to promote other gaming sectors like bingo.

Bingo Entertainment, one of the top providers of bingo gaming services, recently announced that its revenue had picked up in the year 2011. The online bingo company’s revenue reports also indicated that Bingo Entertainment’s position in the UK bingo market has greatly improved with the site making a 48% profit.

Bingo Entertainment which was established in 1999 did not make a big hit on the online bingo market in the UK until it launched the reputed bingo site titled Gina Bingo. In the past year, Bingo Entertainment has noted a steady growth rate and watched its revenue jump from $1.29 from the first quarter of the year 2011 to $1.92 million in the first quarter of the year 2011.

According to a statement made by Bingo Entertainment, the surge in revenue in the past year was due the launch of the Gina Bingo site which was later followed by yet another successful bingo gaming site by the name of Ritzy Bingo. The company also announced future plans to expand its presence in the UK bingo gaming market and has taken steps towards that goal by launching several other bingo sites on their network such as Yes Bingo, Britain’s Got Bingo, Bingo Shake and Bingo Blowout.

One of the reasons for the success of the Bingo Entertainment network in the UK gaming industry and its 48% hike in revenue may be because the company offers bingo sites the opportunity to link to 3 different networks. This means a better choice of games and promotions for the site in question.

Related Posts

  • The city of New Orleans, was recently the home for two unlikely combinations, namely a theatre show and a bingo games series. The two events in question were Alfred Hitchcock’s Rebecca and the New Orleans Bingo show. The city also featured Paul Sanchez during the [...]   Read More>>
  • Bingo players play bingo both online and at land based bingo halls and clubs in their locality for both social and monetary purposes. Bingo players get together either with their bingo buddies and play bingo games together while having tea and friendly conversation at bingo [...]   Read More>>
  • A couple from Houma who own a jewelry store in the region have decided to expand their investment ventures and recently purchased a small bingo hall and what was a five and dime store earlier in addition. Williams Realty Co. sold the Mardi Gras Hall for [...]   Read More>>
  • It has been less than a month since Rank recommended that its shareholders ignore the bid from Guoco and look out for something bigger. According to reports, it was a 150p per share bid, something that was evidently below the market value. Looking at the advice [...]   Read More>>

Free Bingo Money No Deposit

Learn how you can play bingo for real money without depositing a single penny. Enter your email to get sent our best free bingo offers.