The 2nd Annual Online Bingo Summit will be held in London on 25 / 26 September this year. The rise and rise of online bingo has been connected to the rise in broadband penetration, high impact online marketing, the UK smoking ban in bingo halls and word of mouth creating hype around the simple yet fast-paced gambling game.

Phil Fraser, the chairman at this year’s Summit, says: “Increased awareness of online bingo in the mass market, driven by the big land-based bingo brands and media owners’ bingo sites, means that there is still much room for growth.

“Continuing increases in broadband into people’s homes and the increase in variety and quality of product also contributes to this opportunity.”

Figures released by Global Betting and Gaming Consultants (GBGC) online bingo games generated wins of £72 million last year. It is predicted that this will soar even higher in 2008 and within the next 5 years analysts anticipate this market segment will be worth around £164 million.

More than seventy companies have already confirmed attendance at the massive event, taking up 50% of the exhibition area even at this early stage.
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