Home	Tutorial	Online Casino Reviews	Best Online Casinos	Casino Software	Casino News

Online Casino Gambling --- Casino News

Online Casino Giants Compete for UK

The UK online casino bingo gambling market is becoming a bit of a battleground for the major internet gambling groups in the industry. The rapid growth and expansions in the UK bingo market over the past several years has really taken even the analysts by surprise and major gambling groups who missed this opportunity several years ago are now seeking out strategic acquisitions as a way to gain a strong foothold in this lucrative market. The battle really began in earnest last year as 888 Holdings and Party Poker fought a civil but definite fight over the acquisition of Foxy Bingo. Although Party Poker won the deal, 888 Holdings has now brokered a new deal in the UK online casino bingo gambling market that allows this gambling group to remain in strict competition with Party Poker.

888 Holdings announced this week that the company had fully solidified a deal with Wink Bingo with an asking price right in line with what Party Poker paid for Foxy Bingo. Both of these gambling groups now own a significant and definite share of the UK online bingo gambling market. And although online casinos are arguably the much larger market in the UK, bingo has shown incredible growth and the game of bingo appeals to a decidedly different demographic than the more traditional internet gambling sites.

In addition to remaining competitive with Party Poker, 888 Holdings is moving into the UK bingo market as a way to create a solid presence in the European online casino market. 888 Holdings was primarily US facing gambling group until the 2006 UIGEA that banned foreign gambling groups from offering services to US gamblers. Since that time 888 Holdings has made a concerted effort to find lucrative potential acquisitions.