Playtech Sees an Increase in Online Bingo Activity Due to Coronavirus

In all the uncertainty surrounding the Coronavirus, businesses are closing up shop. Due to the lack of UK Government action, many of those businesses will not re-open. The Prime Ministers lack of enforce closures will result in millions not being able to claim for huge losses on their insurance. But amidst all the doom and gloom, one industry is set to thrive and that is the online gambling industry.

Playtech, the world’s biggest supplier of technology for online gaming operators has revealed that Europeans stuck at home because of the Coronavirus, are playing more online bingo and poker now than ever. Although, they warned layer behaviours could change the longer the crisis continues.

Being stuck at home with no sports to bet on has driven the bored population to bingo and poker games but despite revenues on the increase in this sector, revenue in another is dropping considerably. Playtech revealed that despite more people playing online bingo, they are taking a huge hit directly from the halting of sporting events across the globe.

A series of steps have been made to reinforce the software company’s finances for the months ahead, but there is a major worry coming in the form of household finances as a direct result of Coronavirus’ impact on the economy. 

Estimated figures suggest that the sportsbook side of the B2B division is set to see a record loss of €4million per month. Shares in the London-listed firm saw two-thirds of their value wiped out this year; they were down 8% on March 18th. Playtech’s trading platform and payment services alone saw a core profit of €30million in so far in 2020, so it’s not all doom and gloom.

Just the Ticket

Of all the bingo variants on offer, the most popular is Rainbow Riches bingo, the game based on the popular video slot of the same name. Players compete to win a line and a full house with tickets designed to resemble a four-leaf clover. A trio of pots provide community prizes, just keep an eye on the leprechaun spinning in a rainbow clover. When he’s collected 10, 25 and 50, the post overflow with real cash prizes!

Deal or No Deal Bingo is another firm favourite with 90-ball and 75-ball versions. The banker and his offers come into play in each game and when that full house is won, the winner is able to win some more; open one of the boxes left, or to take the offer. Which would you choose?

Bet365 Bingo even have a bingo room based on the Age of the Gods slot franchise! Every game gives players the chance to enter the ‘Arena of Gods’ feature where big cash can be won even if you don’t win the full house!

Looking for tips and bingo strategies to help you win? Look no further:

  • Set aside a bingo budget – never spend more than you can afford.
  • The more games you take part in, the more chance you have of winning.
  • Play at off-peak times to improve your chances.

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