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Whole New Management

The land bingo gambling industry (and perhaps some of the online casino bingo gaming companies) are in for some changes thanks to a new board of executives running the Federation of European Union Bingo Associations (EUBINGO). EUBINGO announced a new president is taking over for the next two years and the association will really focus on addressing some of the many challenges facing the land gambling venues as well as the online casinos. Bingo gaming in the EU and the UK particularly has become increasingly difficult as competition from other companies and casinos increases and the government passes increasingly harsh legislation and taxes on the land bingo venues.

The newly appointed president of EUBINGO, Javier Franch Cardona comes from the Spanish Association and is thus already heavily involved in the land and online casino bingo industries. The new taxation structure in the UK (thanks to regulations in the 2005 Gambling Act) is causing many land bingo venues to close down – land bingo parlors are facing double taxation right now and are finding it difficult to turn profits and even simply run the venue with the hefty taxing scheme.

Cardona is aware of the other troubles facing land bingo operators, which includes the increasing competition from the online casinos and internet bingo sites. He observes, “2008-2010 looks set to present the bingo sector with very specific challenges, not least in the form of continued smoking bans, providing for responsible gaming and competition from other forms of gaming – we at EUBINGO look forward to these challenges.”

As for the other changes to the executives at EUBINGO, former president Sir Peter Fry is stepping down into a support position as the Vice President and Italo Marcotti is acting as secretary for this next term. The association will really face some tough challenges in the coming months as it attempts to provide rescue legislation for the UK land bingo venues suffering from the competition from online casino bingo sites, and the many other problems. But the new management team is extremely knowledgeable and will no doubt resolve some of these issues.