As the popularity of online bingo continues to grow we are seeing new bingo sites coming online almost every other day. At times it seems a bit overwhelming as there are so many bingo sites to choose from. Many of the new bingo sites are owned and managed by companies that are already in the bingo business. As they try to increase their share of the online bingo market they will open niche bingo sites attracting a specific type of bingo player. This is both good and bad. The good is that with more competition the bingo sites are offering bigger bonuses and better prizes to try to keep their players and attract new ones. The bad is that with more competition the bigger bingo sites with deeper pockets will eventually dominate the market and some smaller bingo sites may disappear.
New Bingo Sites Offer Innovation
The strongest market for growth of new bingo sites is clearly the UK market. Bingo is an extremely popular game in England and with advancements in technology, more and more people online and huge promotions the market is growing by leaps and bounds. There are now hundreds of online bingo sites catering to the UK bingo market. We have also seen some growth in Spanish language games and other country targeted games such as bingo in Canada and Australia.
As long as the online bingo market continues to grow than we expect there to be a steady flow of new online bingo games. If there is new legislation passed in the USA legalizing online gambling or even just online bingo than there will be a huge growth of sites targeting the USA bingo market. We have not seen any new bingo sites focusing on the USA market in a long time, but we are hoping that sooner or later the US government will realize that there is a huge tax base that they are not capitalizing on.