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Online Casino Journal News
California charity bingo revenue slipping due to Indian casino
competition
November 25
Many online casino players enjoy this casino game not only for
its amusement worth and potential to win money, but online casino
players love a good charity as well. Maybe not as much as before,
at least on land. California is reporting thatit's bingo charity
related revenue is disappearing.
Many organizations that have been depending on charitable events
from bingo games are running out of cash to keep afloat. So, the
next time you are playing online bingo at an online casino, look
for halls that provide great pay-outs and charitable contributions.
In fact, many charities in the state of California are feeling
that there revenue has dropped due to the many Indian casinos around
the state. Many of the charities that have depended on bingo charity
events believe that the Indian casinos are taking away business
from the usual bingo halls.
One such charitable organization, Ride to Walk saw its bingo profits
sink after the Thunder Valley Casino opened in 2003 nearby.
The organization says that before Thunder Valley, the charity's
weekly bingo night at a bare-bones hall in suburban Sacramento generated
as much as $150,000 a year. Now its Tuesday night session makes
no revenue at all
Even though a few Indian casinos have given generously to charity,
analysts estimate that earnings from charity bingo in California
has been slashed nearly in half in some spots near Indian casinos.
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