Online Bingo News
PARTY POKER FLOATS - AN OMEN FOR ONLINE BINGO?
03/06/2005Now we know that your hearts lie with online Bingo and not online poker but this is such a massive event in the history of online gaming that it is worthy of mention. Party Gaming has been valued at (a staggering) just under US$8 million.
It is noteworthy that whenever experts comment on the growth of online bingo they draw parallels with online poker. The online poker market got going a few years earlier than online bingo so there are lessons that can be learnt. Online poker has demonstrated how a pastime that was previously confined to a particular demographic, a pastime that previously excluded certain groups, has been opened out to an appreciative mass market. We see online bingo doing the same.
We salute our sister trail-blazing industry and expect to see online bingo valuations of the same proportions in the future.
