Is Now the Perfect Time to Open a Bingo Business in Wales?

Wales is one of the best places in the UK to start a business, thanks to numerous factors such as the skilled workforce and the tourism potential of the country. This shows that there’s a positive economic climate here, and one that could present business opportunities. The Welsh government also has various initiatives in place to support start-ups in the region.
The question is, what’s the best industry for new business owners to get into? One idea would be to capitalise on the booming online bingo industry by opening a land-based bingo site.

Bingo Has Enjoyed an Incredible Resurgence Online

Bingo has been one of the fastest growing industries over the last five years, thanks to its incredible resurgence online. Some of the biggest brands in the gambling industry have helped with this rise, with the free bingo at Paddy Power being a prime example. Players can access this from the main site hub, where it has its own tab. From there, there’s a great opportunity to get an introduction to bingo without having to invest any money. The free bingo is available between 12pm and 6pm every weekday, and acts as an introduction to the pastime for new players.

Aside from free options, there have been other ways that online bingo has managed to appeal to the masses. For example, the pastime has expanded way beyond the basic ball draw. There are now various themed rooms to appeal to a range of personality types, with recognisable franchises like Deal or No Deal. There are also Slingo games, which combine the key facets of slots and bingo in one. These act as an introduction to bingo for players in the booming slots market.

More People Than Ever in Search of Bingo Events

Thanks to online bingo sites helping more people than ever get into the game, there has also been a surge in the number of players looking for ways to enjoy bingo in an offline setting. According to a report from the Guardian in 2007, there was a fear that bingo halls would completely die out when the smoking ban was brought in across the UK. It’s great news that these locations are beginning to bounce back, and entrepreneurs in Wales who want to start a brick and mortar business could look into opening their own spot.

Another potential venture for Welsh businesspeople is to organise themed bingo events around the country. Social Tables provides solid advice about how to get into event planning, with being able to adapt to trends high up on the skillsets required from people in the industry. Bingo is trending massively in popular culture currently, so event planners are looking at ways to incorporate it. Some recent ideas include options like disco bingo and comedy bingo.

The best business ideas are the ones that capitalise on current trends. Bingo is booming online, but the offline options for the game aren’t as abundant across Wales. Therefore, starting a land based bingo-related business could be a lucrative option for entrepreneurs in Wales.