Now we don’t actually mean that you should put your money on bingo literally, although if you would like to you can be our guest! But what we are saying is that bingo is and has been a great game for online casinos in the past year and continues on in the same manner. This means that those online casinos that offer the game of bingo are likely a great investment for those investors that choose to dabble in the gambling stocks.
It seems like a true assessment as Party Casino stock grew quite a bit last year and bingo was an addition to the online casino. Now we can’t credit bingo solely. But it is apparent and fair to say that bingo has made a bit of an impact. It will be interesting to see how big of an impact bingo makes over the entire online gambling industry but judging on current conditions it looks like bingo will continue to hold strong.
Online casinos are going through a bit of a transitional year as last year was an interesting one throughout the world. The economy does impact on what will happen in the online gambling industry but it does so much more on the land based gambling industry than that of the internet.
If you are an investor that follows the online gambling companies be it software or operator or otherwise you will know that the gambling industry as a whole is quite a volatile industry but can also be quite rewarding when it does pull through and hold strong. We will keep you posted on our recommendations and feel free to comment should you have opinions and suggestions as well!