Once upon a time, the only place where you could play Bingo was inside Bingo halls, but the implication of smoking ban gave birth to Bingo sites, which helped fill the gap in the Bingo market, to help and bring new players. Thus, it wasn’t a surprise, when soon these bingo sites affected the UK market successfully.
Who Visits Bingo Sites?
So, what kind of people visit bingo sites? A portion of the online customers are the ones that enjoyed playing in the halls previously, but majority of these customers are the ones that actually enjoy playing bingo. These are the people who would not be found in the halls, since they are the new generation of tech savvy people, who are influenced by the online progress. Hence, it would be wrong to say, that online bingo sites have only stolen players from the halls.
Although, it is quite certain that businesses of the physical bingo halls declined rapidly, which coincided with the emergence of online bingo sites, but technology cannot be blamed as the only culprit in this scenario. Since, majority of the players present in the bingo halls were smokers, the smoking ban also helped move many of these players away from the halls.
Effect of Bingo Sites on the Market
The other reason for the mentioned effect on the market, was the introduction of heavy taxation, including the Point of consumption tax. This was the main cause of the market strain in 2017, with further application of free bets tax expected to cause more damage. This concludes that people working within the industry are making a lot of money, along with the government.
Due to the same legislation changes not being applicable in the online industry, it strongly indicates that the online bingo industry is doing a much better business than the physical industry.
Brexit is another economical factor to be taken into consideration, as it is expected to emerge as a challenge. There is a possibility that operations within the UK may not be possible anymore, due to its changing effect on overseas licences and holding companies.
Bingo industry is changing rapidly, since it is not still in the wonder days of the early 80s. Players are looking out for different things these days. Hence, the UK sites like www.luckytouchbingo.com are implementing these changes. This helps them to stay up to date with the changing demands. This has become constant for sites all across the UK. Most of these sites can even see positive results because of this.
Changing Trends of Bingo Sites
Online gaming sector trends change frequently. This is the reason why mobile bingo was one of the biggest technological trends. It lasted for two years – 2014 and 2015. This can be an inspiration for all the young entrepreneurs out there. They can convert a good opportunity into money by serving people what other sites don’t offer.
In this way, they can attract big players from those sites. Scenarios like these, would be impossible in the real physical world of bingo halls. This is because it requires a huge investment to even open up a bingo hall. This has had a big influence on the overall structure of the industry. New companies can come and accomplish great success.
Another plus point for the bingo industry is the emergence of dual operators. They can be seen both in halls and online, which help them reach out to both sector of the audiences. This strategy helps them target all areas of the demographic, when it comes to bingo players. This fact also ensures the survival of both the industries, the physical as well as the online industry.
More changes are expected in the upcoming years. We just have to wait and see how much the tax and political changes affect the industry overall.