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2005 World Series of Poker -- Mid Tournament Report
The 2005 World Series of Poker started its 36th year bigger and better than ever at the RIO! Hotel and Casino in Las Vegas, Nevada. At the mid point of the tournament series, Events #1 through #22 have been completed. If you were not fortunate...
American gambling basics
Casinos have always been a destination for the wealthy and the famous, however, these days they are hoping to be a regular stopover. But the gambling cannot be confined to one spot. However gone are the days when Las Vegas was the all and all...
Are online casinos here to stay?
Online casinos are riding high with millions of players and mind blowing profits. The boom has resulted in many ground breaking advances. Gambling industry has come a long way with promotions, new games and providing a novel world of entertainment...
Gambling Income and Expenses - Taxes
Hit a big one? With more and more gambling establishments, keep in mind the IRS requires people to report all gambling winnings as income on their tax return. Gambling income includes, but is not limited to, winnings from lotteries, raffles, horse...
Las Vegas The Luxury City
Though a bit heavy on the neon, Las Vegas is a true feast for
the eyes. The skyline is amazing, with all of the sparkling
lights and massive shapes competing for attention. Every hotel
is striving to top the next one with its own unique...
Online Casino Gambling - Basic Strategy Will Take You A Long Way
I receive many emails each week from people who deposited money at an online casino, only to walk away empty handed merely minutes later. Most of them are quite upset and understandably so. When you have lost money you want to blame someone. It's...
Online Roulette
Virtually every online casino these days has an online roulette table, and the main reason for this is because it's a game loved by all gamblers. Online Roulette is one of the most exciting casino games, with one spin of the wheel you could...
Unique gambling destinations 101
Gambling in the last century has become a global phenomenon. From a pastime to a full fledged industry, gambling has seen the ups and the downs of the gamblers as well as the countries. Gambling can be conveniently called as one constant phenomenon...
Virtual Casino Etiquette
There are a few points of virtual casino etiquette that one should adhere to when gambling online. Just like being at a real life social event, it’s good etiquette to be polite and courteous to everyone else in the gaming room. This goes a long...
Winter Sun Breaks - The Caribbean
The build up to Christmas is always an exciting time of the year
with various parties to attend and presents to buy. However,
January and February can become pretty depressing times of the
year, with little to look forward to and the festive...
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The Bingo Renaissance
Little old ladies in slippers, playing for pennies and cents in a converted community hall is no longer the reality of bingo. The game has in recent years and now more than ever undergone a rebirth in its popularity and status and now looks set to boom in the coming years.
In the UK alone, bingo comprises a total annual stake of around £1.1 billion. It’s now big business and not just for the bingo halls. Customs and Excise collect around £115 million in duty incurred by bingo each year.
However, the sun has not always shone on the bingo industry. In 1974, the game seemed to hit its peak in popularity. It was widely seen as a cheap and cheerful way to provide mass entertainment. However, the advent of television seemed to cripple the game and its popularity fell dramatically until the end of the 90s. Yet for all the doom and gloom, the trend seems to be rising again. Numbers are holding and profits are increasing.
This new surge of popularity has been partly due to the vigorous marketing campaigns as executed by the bingo companies. Television and literature campaigns for bingo are now being promoted in Europe and companies are attempting to reinvigorate the game buy adapting and modernising some of the antiquated lingo that seemed to keep it stuck to its past - 21, the Key to the door, lucky legs 11, etc.
Bill Clinton, Elle MacPherson, Damon Hill and Jade Jagger are all regular players of the game and no doubt have contributed to its popularity and rebirth. Many however disagree. To avid players, it is not the glitz and glamour of the game that is so appealing; it is rather the warm, social aspect that seems to fire the hearts of bingo players around the world. For regular players, it is a safe opportunity to socialise, have fun and experience the thrill of gambling whilst being surrounded and protected by a friendly atmosphere and a hopefully humorous bingo caller prevailing over all.
The UK’s Chancellor Gordon Brown’s recent proposition to cut the duty on bingo and replace it with a tax on the operator’s income has proved popular with players and investors alike. The investment bank Lehman Brothers claim that this duty removal would increase bingo profits by 30%.
However, for all the celebrity icons and national edicts proclaimed on the game, what is undeniable is that worldwide the appeal of bingo does seem to be most prevalent amongst working class, single females. What is also interesting to note is that the bingo promoters themselves are not too interested in marketing the game to those who fall out of this category. Quality and not quantity seems to be the name of the
game as far as they are concerned. They see it as more likely and realistic to entice existing players into spending a little more on their visits. The fact that so many bingo players are single females is certainly advantageous to the industry, seeing as this social group is becoming more and more populous as well as wealthier and liberated.
Of course it is not just the bingo halls that are profiting. The internet revolution has not failed to leave its mark on the bingo industry. Now, at the switch of a button and the click of a mouse, prospective bingo players are able to play from their own living room. What is interesting to note is that even with the social aspect of the game being removed, the majority of the players are still female. There is an argument to suggest that the advent of online bingo is in fact nothing to be jumping for joy over. After all, many of the positive attributes to bingo are removed. Players do not even have to check off their cards themselves, it is automatically checked off for them. Not only does this remove some of the fun, but it also reduces the mental agility benefits to virtually nil. The social aspects of the game are also missing, although some would argue that the online forums and chat rooms are simply a new pseudo form of socialising. The secondary business that surrounds the bingo halls also suffers under the concept of online bingo. Food, auxiliary games, drink and entertainment all become irrelevant when playing from home and the concern that players are now playing purely for the money as opposed to the warmth of the social atmosphere is much more real. Having said that, in terms of bolstering bingo popularity, the internet has certainly played its part and in many cases has provided an easy access option to those who either are not fond of the socialising aspects of the game or for whatever reasons are unable to attend the bingo halls, themselves.
To say that bingo will ever become the craze of the gambling world or an industry propagated by the modern casinos is perhaps a little ambitious. In fact, that may not even be what the game is about or where it would be happy to lie. However, what can be fairly certain (if anything can be in this business) is that the popularity of bingo as its own entity is holding well and looks set to stay the course of time. At least for the time being anyway!
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