Spanish Online Bingo Market Expands

Over the next few years, Spain is predicted to become the next big market for internet bingo.  Experts are estimating that the field is going to see ten times more profits from customers in Spain, which is why many online bingo operators are beginning to prepare for an influx into the Spanish market.

In just four years, from 2004 to 2008, the online bingo industry saw a great expansion, as the number of bingo sites multiplied from 17 to over 250. Today, there are over 300 online bingo services on the internet, many of which are UK-owned and operated. So, it’s no wonder that the UK is praised for its rapidly developing market on internet bingo games. There are only 40 online Bingo sites that cater exclusively to Spanish customers, and the UK industry seems well-positioned to lend some of their resources. The next natural step seems to be expansion into this market that has yet to be tapped.

Online bingo software developer Virtue Fusion is just one of the many companies to endow the the Spanish bingo market with their software. Bob McCullogh, CEO of Virtue Fusion says: “The Spanish online gaming market is set to increase to around 4.2 billion by the end of 2010”. Thus, Virtue Fusion’s new partnership with Begwin is a crucial part of their strategy to establish the company as a leader in this new market. Together, these two companies will help to create a bright future for the Spanish online gambling industry and both paid and free bingo industries.