Online Bingo Firm Makes Big Money

Online Bingo Firm Makes Big Money

Written by: Jeannie on 30/01/2011 09:05

Obviously playing bingo online gives you a lot of fun whenever you want it and the chance to win great prizes as well, but who else is benefitting from the huge popularity of this fantastic and modern way of playing your favourite game over the internet?

The Playtech company makes online bingo software for some of the leading internet bingo sites and they have recently announced a stunning 14% increase in income in the last financial quarter, which saw them rake in an extra 44 million euros, thanks to the growing number of sites and users which they look after.

The Playtech CEO stated that they are looking forward to 2011 "with confidence",  which is hardly surprising, and it certainly seems that the financial crisis is having litle effect on their money making ventures right now.

You may not have heard of this software firm but they operate the world's biggest online bingo network, having started in 1999, and now see 30,000 players hitting their virtual halls every day and more than 100 million euros in stakes wagered through their sites every month. These are the people behind many of the UK's leading bingo sites, such as Bet365 Bingo and William Hill Bingo, even if you don't see their name mentioned anywhere obvious on them.

There is a good chance that the site you regularly use is part of the extensive Playtech network, meaning that your occassional game online is part of a multi million pound industry which is growing all the time. This has to be a good thing, as the more money which stays in the game, the more exciting new developments and promotions we are likely to see.


Categorised Under: Bingo News,
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