Betway Bingo Review About Betway Bingo Betway have finally added bingo to their menu! Betway Bingo is the very latest offering from Betway and judging just from a quick look over the Microgaming site, the wait has been worth it! With a great range of bingo games and a healthy dose of slots too, there’s plenty to lure casino fans read more...
New Bingo Sites 2016
New sites need to try and stand out from the rest of the competition, and they can do this by offering a super generous welcome bonus. They're very keen to get you to sign up, and this is the best way to attract new players! In 2014 and 2015 so far there has been an explosion of new sites. Generally about 2-3 bingo sites launch every month, so there’s a lot to keep up with and try out! We've tested all the sites below and decided for various reasons that they would make it onto our list of new bingo sites in 2014/2015. With such a strong offering of sites in previous years, how will 2015 make its mark in the ranks of good years for new bingo sites? Diversity seems to be the keyword buzzing around at the moment. Bingo sites have increasingly realised the importance of mobile bingo – whether players are using mobile phones or tablets. New sites in 2014/2015 appear to be making the most of the trend for playing bingo on multiple devices. Sites such as Costa Bingo made a huge effort in recent years to update their site and now offer HTML5 so that users can easily play on a tablet or mobile. 2014 has seen their success go through the roof! Read on to find out which other sites are looking to follow in Costa’s footsteps.
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New Bingo Sites From 2014/2015
The Gambling (Licensing and Advertising) Bill has now become law. Before summer 2014, most online bingo sites held licences that were issued by a foreign licensing body in a jurisdiction approved on a special white list. The white list included Alderney, Gibraltar, Isle of Man, Antigua and Barbuda and Malta. What was important was that the licences weren’t issued by the the UK Gambling Commission.
The legislation that was brought in means now all remote gambling sites will need a UK licence, although those with a whitelisted licence can continue to trade while the UK application is approved. Another downside of this for the bingo sites is that a UK licence is much more expensive.
There was also the move to tax remote gambling at the point of consumption. This means that bingo sites with UK customers now have to pay 15% tax on the gross profits from those customers. This came into effect in December 2014.
As a result of all these changes, smaller sites may find it harder to survive, due to the cost of a UK gambling licence. This would especially be the case if a separate licence is needed for each site on a network, rather than just for the network itself. This issue still hasn’t received any further clarification.
Some sites have done better than others since they’ve launched. Some particular success stories so far have been Butterfly Bingo (launched in March 2014) and Wish Bingo (launched in June.) They both have generous welcome bonuses for example, but because of all these changes, they may be forced to lower the amount they offer. This is because a large bonus with the gross profits taxed at 15% may end up being too expensive for the bingo sites to continue offering it.
To avoid this, many bingo sites have started offering player incentives that aren’t treated as cash for taxation purposes. These incentives include free or BOGOF bingo tickets, free spins on slots, tangible prizes and prize draw entries, amongst many more.
Mobile bingo has really taken off in 2014/2015, with more and more sites developing apps suitable for mobile devices and the development of HTML5. This has been reflected in the sites being launched this year which have clearly realised the importance of the mobile boom.
So the two events which could sum up the trends for bingo sites in 2014/2015 would be the changes in UK gambling law and the ever growing trend for mobile devices to play bingo on.
With important developments in 2015, it will be interesting to see what potential 2016 could hold for any more key changes.