UK-Bingo.net is definitely worth a visit, this multi-currency online bingo site offers some of the biggest bingo prizes available and an awesome chance of walking away with a cool £1,000,000 in your pocket!

When you register with the site you get a load of free cash – a 100% Matching Bonus on your first deposit up to £100, a generous welcome which you can use to plunge headlong into any of their great bingo games,for as little as 10p a bingo card!. Added to this you also get 50% of your subsequent deposits totally free as Bonus.

For the fun of playing Bingo, you have 75 Ball and 90 Ball games to choose from in their 4 Bingo halls.  Coverall Jackpot games are scheduled for every half hour of any day. Minimum Guaranteed Jackpot prizes range from £50 to £1500 and you should take some time to check out the bingo game schedules published on site. Every Wednesday and Friday at 10 pm you get the chance of winning and walking away a Millionaire – with a mega £1,000,000 up for grabs in the Coverall jackpot online bingo game.

The Progressive Jackpots are titled attractively as “Diamonds are for ever” and if you win the game on this pattern, which is 12 slots to daub, in 36 calls or more you will win the game jackpot. When the Progressive Jackpot is won it will start from £500 again to accumulate.

The site is generous in offering you Loyalty points convertible in cash for playing further Bingo games – 1000 Loyalty Points on registering; for every purchase of Bingo cards LPs can be accumulated and by referring a friend to their site you get 5000 LPs free for your loyalty.  The biggest possible accumulation of Loyalty Points is made available to you by taking part in the Team Bingo – make a team of players with 3 of your friends; register the name of the team and all month long take part in all the Bingo games; winning accumulates victory points and the team getting highest Victory points is awarded with Loyalty Points.  1st Prize 1,000,000 LPs; 2nd Prize 520,000 LPs; 3rd Prize 200,000 LPs and 4th to 10th Prizes – 40,000 LPs to be shared among the team members.

In addition you can win lots of money by playing in their Slots; Super Slots; Video Poker; Blackjack and Instant Winning Games!

The state of the UK land-based bingo industry has been put into sharp focus in a Clarion Gaming report based on a Financial Times story.

“The Financial Times says the details of private equity firm Alchemy Partners’ £100 million buy-out of Buckingham Bingo will hinge upon negotiations with Barclays, Alchemy’s main creditor.

Alchemy is said to have two options: inject more equity into the business to cut debt levels or write off its £60 million equity investment, which would give control of Buckingham Bingo to Barclays.

Other private equity firms could find themselves in similar positions as the companies they acquired at peak valuations but high debt begin to suffer reduced earnings in the economic slowdown.

Buckingham and other bingo operators are additionally hurt by last year’s smoking ban and changes to gambling laws and tax levels.

“The company is still profitable, but we have seen a step down in attendance and profits are down in line with the rest of the sector,” said Jon Moulton, head of Alchemy.

“If you can find a bingo group doing well, we would like to see it.“

In stark contrast, the online bingo industry has shown steady growth and is considered one of the fastest growing niches in the online gaming industry. Bingo online has benefited by a steady stream of new players joining online bingo halls as land-based bingo halls face increasing concerns they may have to close.

Its well documented that the major players in the UK Bingo industry have looked to make their online bingo prescence felt . They include Gala Bingo and Mecca Bingo . Gala Bingo are reportedly in the midst of selling a land based bingo club in Nuneaton as they prefer to concentrate on thier bigger Bingo Halls. That leaves the good people of Nuneaton with the simple choice of either going to a bigger town or converting to online bingo .

Online bingo has become exceptionally profitable and has become very big business. Bingo groups are in the midst of a bingo marketing blitz with Sharon Osbourne appearing for Gala Bingo and the delectable Jordan posing for Foxy Bingo . I wonder when were going to get a male figure like David Beckham advertising a Bingo room . Wink Bingo thats an idea for you . Bingo rooms are becoming increasingly sophisticated and are determined to mirror land based bingo halls by appealing to the social nature of bingo .

The latest online bingo room - Wink Bingo offers its bingo players a lot of bingo social networking features and has purposefully built this into their bingo site. Socializing at Bingo plays an important role in what makes Bingo Fun.

Looking at the different Bingo promotions and incentives for players is a bit of an eye opener as well . The bingo rooms that are far away and above in terms of generosity appear to be the Bridgend Software group . This is the software offering that is owned and run by the 888 Group .

In their Bingo Rooms you are offered a 100% Sign Up Bonus and a 50% bonus on each and every single subsequent purchase up to a maximum of £100 . This certainly is ensuring that your Bingo buck stretches a lot further. EyedDownBingo will be conducting an extensive study re the promotions at the different bingo operators and will publish this for your veiwing.

Well i think thats all for today,we are working on bringing all of our subscribers a very special offer from a online bingo room so keep your eyesdown on this bingo blog as this bingo special is heading your way on Monday