Online Bingo News
TOTE TO TINKER WITH ONLINE BINGO
21/02/2007The gaming outlet, with 540 betting shops across the UK, could raise £400 million for the government if the sale goes ahead.
And if the consortium of racing interests manages to close the deal, the results for gaming enthusiasts will be positive, with the online introduction of a range of new games under the Tote brand anticipated.
Online bingo has been flagged as one likely new offering alongside the massively popular internet poker.
These new revenue-generating activities would help the consortium recoup the debt it expects to inherit from the state-owned bookmaker.
Through the popularity of games such as online bingo, it hopes to be able to double the profits Tote is currently making within five years.
The UK government has clearly signalled its interest in continuing to support the UK gaming industry and even making Britain the 'gaming capital of Europe', with plans afoot to create a supercasino on of the former Millennium Dome site.
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