Bingo Players on the Rise While Bingo Operators Expected to Close

Bingo Players on the Rise While Bingo Operators Expected to Close

Written by: ava carson on 28/10/2011 19:10

There is a ying yang effect among the online bingo community. In a recent report released by the UK Gambling Commission an increase in gambling is on the rise.

One of the reasons for the rise is advanced technology like mobile devices open the door to access the Internet more than ever. In fact 4.5 million people use their smart phone then last year.

UK Gambling Commission report revealed that 56.7 per cent of adults admitted to gambling the month before in the poll. Previous polls showed an increase from 55.5 percent in 2010 and a 55.2 percent in the 2009. A .01percent increase for the National Lottery and online bingo with bingo cards consisting of 3.4 percent increase to gambling.

However with the UK legislation planning to impose taxes on the gambling industry it could have a grave effect on bingo operators. The proposal was introduced by The Minister of Tourism and Heritage, John Penrose earlier this year while the government considers taxing land based and online gambling operators. As a result some experts predict a 50 percent decrease in bingo operators within a 24 month period

Penrose stated: “The current system for regulating remote gambling doesn’t work. Overseas operators get an unfair advantage over UK based companies, and British consumers who gamble online may have little or no protection depending on where the operator they deal with happens to be based.

“So our new proposals are an important step to help address concerns about problem gambling and to plug a regulatory gap, ensuring a much more consistent and higher level of protection for those people in the UK who gamble online.

“We will create a level playing field, so all overseas operators will be subject to the same standards and requirements as those based in Britain, as well as being required to inform the Gambling Commission about suspicious betting patterns to help fight illegal activity and corruption in betting.”

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