Casino City's iGaming Pocket Directory - 2019 Edition

9 Visit iGamingPocketDirectory.com for more information. Bingo Sponsored by The global online bingo market is growing. According to H2 Gambling Capital, the market was worth an estimated $143 billion in 2017, and that number is expected to grow to $279.8 billion by 2023, with a CAGR of 11.8% between 2017 and 2023. The reason bingo has stood the test of time — despite facing the same challenges as the rest of the iGaming industry — is that people enjoy the social aspect of the game. When people talk about player liquidity in online gaming, they’re usually referring to online poker. What tends to be forgotten is that the same regulatory issues that affect online poker also impact bingo. Laws and regulations that ring-fence poker players also ring-fence bingo players. So as online poker players in Spain and Italy lose access to a global pool of players, so do online bingo players. Like poker rooms, bingo rooms are heavily reliant on the liquidity they are able to generate. The larger the player pool, the larger the prize pool. But bingo operators have been able to weather economic downturns and new regulatory frameworks much better than their online poker counterparts. Because the game is social, players want to be able to relate to the presenter, the chat hosts and each other. As a result, bingo rooms are typically regional, despite the need for liquidity. Italians have played at Italian bingo rooms, Spaniards have played at Spanish bingo rooms, and the British have played at British bingo rooms. BINGO INDUSTRY OVERVIEW