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Bingo halls to get some assistance

15th May 2008
Growing numbers of bingo enthusiasts choosing to play bingo online are partly to blame for the recent problems encountered by traditional bingo halls.

However despite the struggle, things may be looking up for those who hit the bingo halls in search of a bingo cash prize, as Bingo Street reports that UK gambling minister Gerry Sutcliffe is about to offer them some assistance.

Mr Sutcliffe is said to be introducing measures over the next few weeks to aid the faltering industry, with speculations including that he may reduce the restrictions currently enforced on gaming machines.

But bingo halls will not be removed of the double tax burden that hangs over their head, so they will continue to pay the 17.5 per cent VAT charge and the 15 per cent gross profits tax on all bingo participation fees.

The news of a re-think has had a positive impact on the industry with Mecca bingo shares going up.

Despite the continued problems within the industry, over 77.5 million people visited licensed clubs last year to attempt to win a bingo jackpot.

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