Online Bingo Market Analysis & Projections
Over the past decade the online gaming industry has emerged as one of the fastest growing segments of internet commerce today. In 2006 online gamblers wagered a total of twelve billion dollars via the World Wide Web. Experts project an estimated twenty four billion dollars will be wagered via online gaming sites during 2015.
Online Sportsbooks and Casinos were first to introduce their product to the public during late 90’s. 2002-03 ESPN began televising the World Series of Poker showing pro player’s hidden cards which sparked the online poker boom. Millions of recreational players logged on to become the next televised world champion. By 2005, bingo made its official entrance and has proven to be one of the most profitable sectors for gaming operators. The United Kingdom has experienced a growth rate in excess of 400% with new bingo players over the last four years.