Bingo News: Aug 6, 2010
After the online gambling laws changed in the United States in 2006, PayPal, at that point acquired by EBay, pulled out of the online gambling and the adult industry in a hurry, issuing statements on how they were no longer able to process this type of “high risk” transactions, leaving many gamblers as well as gambling sites operators out in the cold.
Since then PayPal has branched out into Europe, and even set up a European entity, to perform its function as an e-wallet.
Now 4 years later, since the infamous US laws were passed, changes are coming, and the buzz of that news already made it to the Internet for months now. Due to the effects of the last economical depression, the US is hurting, and are seeking for ways to fill their budgetary gaps. Needless to say that, online gambling suddenly does not look so “evil” anymore, and many US politicians would love to get their paws on a slice of the online gambling tax pie. Those who opposed the 2006 laws that were passed, now are seizing the moment to push forward on changing those laws into a regulated form of online gambling.
This in turn has many players watching those events as they unfold like a hawk, and are preparing themselves for a return to the US market and PayPal is no exception to this, as they already went ahead, and started processing again for several European players like William Hill Bingo, and Ladbrokes Casino.
To make a long story short, since a few days William Hill Bingo and William Hill casino have started accepting and processing transactions through PayPal again, which has to be a welcome addition to their already considerable arsenal of funding options, as PayPal is still the most used ewallet system worldwide.
It may not be long until all the UK Bingo web sites will be able to service US citizens again as well.
In any case we will follow the developments closely and shall report the news right here, so stay tuned!
-
May 11, 2011
One of the UK’s largest bingo groups, with a presence both offline and online, has rejected a takeover bid. Mecca is owned by the public company Rank. A shareholder has recently increased their stake in the group to over 40%, very near becoming a majority stakeholder. The investor is Quek Leng Chan – a private [...]
Read full story »
-
May 2, 2011
Syliva Frost organised bingo games to raise funds for an eye hospital, Lynn Queen Elizabeth Hospital. And, the said bingo games successfully came up with £330. The cheque was presented to Ratnagopal Bala right after the activity to aid in providing services to eye patients.
Read full story »
-
May 1, 2011
Since the time UK passed a law in 2007 regarding smoking ban in indoor facilities like pubs, restaurants and clubs, live bingo gamers and smokers at the same time have been looking for alternatives to enjoy both indulgences. Further, it is a sad truth that several people in the UK are smokers. As a result, [...]
Read full story »
-
Apr 30, 2011
News online bingo sites are launched each month; thus, strengthening competition and more incentives await the players. Will this be true all throughout the existence of mankind? Change being the only constant thing in this world is also expected to happen in the online bingo industry – boosted costs, strict taxation and regulation, decreased competition and revenues.
Read full story »
-
Apr 29, 2011
Bingo clubs have been closing down all over the UK due to various reasons, mainly related to finances. However the Mecca Bingo club in All Saints Green, Norwich has temporarily closed due to structural problems. A spokesman has said; “It is with great regret that Mecca Bingo has taken the decision to temporarily close its [...]
Read full story »
-
Apr 28, 2011
Online bingo companies already spend a lot of money on raising their profiles and trying to make sure their name is at the front of a potential players mind, but Tombola have just announced that they are aiming for the top of Google with the help of Search Laboratory Ltd. Tombola is already a huge [...]
Read full story »
-
Apr 28, 2011
US’ actions to ban online gambling have stirred the minds of financial and economic experts; and, have triggered affected countries to take legal steps in order to defend their rights as indicated in the World Trade Organization’s international law and treaty to allow free trade among its members. That is, shutting off one’s foreign competitors by not allowing them to serve one’s market is a great defiance.
Read full story »
-
Apr 27, 2011
Buckingham Bingo was originally founded in 1970 by Panico Panayi. It was the largest independent bingo operator in the north of England and had nine purpose built bingo halls. It was sold for £90 million in 2005, at the peak of the bingo market, to the Alchemy Group. Unfortunately the value of the group dropped, [...]
Read full story »
-
Apr 22, 2011
It’s sad when a bingo club closes, especially one that has been operating for many years and seemingly had no financial worries. These things do happen though, sometimes its just a matter of ‘right time, right offer’, as the members of the Southampton Mecca Club in Portswood have just found out. The club has been [...]
Read full story »
-
Apr 18, 2011
At the moment wherever you turn there is talk about the forthcoming Royal Wedding. As the countdown continues to when, after all these years, William makes an honest woman out of Kate, people all around the world are getting ready to celebrate and Gala Bingo are definitely getting involved in a big way, billing themselves [...]
Read full story »
-
Apr 16, 2011
Due to the rising competition in the online bingo industry, operators have ventured several ways to attract new players. That is, they brought into the online bingo world the so-called, Free Bingo No Deposit Offers. What is this all about? How did it affect the online bingo industry? Free Bingo No Deposit Offer allows players [...]
Read full story »
-
Apr 16, 2011
Bingo is a legendary game enjoyed by many and social networking is how modern people connect thru the internet. With bingo being innovated and now done online could be easily associated with social networking. Online bingo joins forces with social networking to uphold the social aspect of playing in a bingo hall or social club. [...]
Read full story »
-
Apr 14, 2011
There are many bingo clubs in the UK market, some land based, some online and some cover their bases and have both types. However rumours are flying around at the moment that there may be a new deal about to be made, which will be a first in the ever changing world of bingo. A [...]
Read full story »
-
Apr 14, 2011
There are so many online bingo sites for players to choose from that it stands to reason that some are going to do much better than others. One that has suffered over recent years is Bingo.com, and they are hoping that they won’t have to report a loss for the 6th year in a row. [...]
Read full story »
-
Apr 10, 2011
If you have a talent and think it could lead you to greater things then look out for a competition that Mecca Bingo are about to launch. Following on from the success of last year’s competition they will soon hold a nationwide competition to find who is the most talented person. It starts on Saturday [...]
Read full story »
-
Apr 7, 2011
One of the main things that bingo players enjoy is the social aspect of the game, and Gala Bingo have been working hard to make sure that their online bingo players are kept satisfied. As well as dedicated Twitter, Facebook and YouTube pages they have recently launched a brilliant new blog, MyGala.co.uk. This has a bit [...]
Read full story »
-
Mar 30, 2011
It’s always good to get a windfall, and the Rank Group are very happy at the moment as they have just received £154 million back from previously overpaid VAT, although not without a long drawn out legal dispute. Rank are the parent company of Grosvenor Casinos and Mecca Bingo and have been fighting to get [...]
Read full story »
-
Mar 29, 2011
Take That were a popular group that burst onto the music scene in the early 1990s, having an amazing 26 top forty hits, including 11 to make it to the number one spot, and 6 number one albums. They split up in 1996 and launched a comeback which was hugely successful in 2005. They are [...]
Read full story »
-
Mar 29, 2011
Castle Leisure and Club 3000 bought the land based bingo clubs when Buckingham Bingo closed, and it has now been announced that Betfred have now bought the online interests. Betfred.com are best known for their sports betting, but have obviously decided that they can expand their operations with the purchase of BOGOFBingo.com and BuckyBingo.com. The [...]
Read full story »
-
Mar 25, 2011
It looks like the bingo scene in the US might finally be relaxing. There’s a legal battle over electronic bingo machines in Midfield, Alabama, with locals pleading with authorities to allow the offline bingo halls to open for business. For many in Midfield it’s an opportunity to find work. Already planning for success, Midfield Bingo [...]
Read full story »
