A new report from the Canadian Bingo Association (CBCA) says the number of international bingo bingo venues in Canada has been steadily increasing over the past decade.
The report says the industry is expected to grow at an average rate of about 20 per cent each year until 2020, at which point the industry will grow to about 300 sites in Canada.
The CBCA report notes the growth in Canada’s bingo industry has been driven by a combination of factors, including a desire for the industry to expand to new markets, as well as a shift from traditional games to online games.
“Canada’s b-ball industry has grown at an impressive rate over the last decade, and we believe that it will continue to grow,” said CBCA president and CEO Mike Krieger in a statement.
“The industry is growing in every province, and it’s not just in British Columbia where there are more bingo centres than there are casinos.
In Alberta, Saskatchewan, and Ontario, there are now more than 500 bingo halls, with a total of more than 1,000 bingo establishments.”
There are also a number of online bingo platforms operating in Canada, including The Bingo King and Bingo Heaven.
However, the CBCA believes these online b-balls are not currently competitive in terms of the number and quality of venues available, and that there is still room for growth.
The association also notes that bingo is still relatively new in Canada with a few hundred bingo players, and while the industry has expanded in recent years, there has been a steep decline in the number playing bingo, due in part to the recession and the fact that people are choosing to go offline.
“While there is more than enough space in the industry, the growth of online gaming is also helping to create more b-booms,” Kriegers said.
“This is the best possible environment for the development of the industry in Canada.”