Bingo gets an upgrade!
A bingo hall in Peterborough is one of the first to modernize with the goal of saving a deteriorating industry. Ten years ago, there were over 200 bingo halls that were bustling in the towns and cities of Ontario. According to the Ontario Lottery and Gaming Corporation, there are now only 61 bingo halls that are remain. In an attempt to draw in a more assorted crowd and to peak more interest in the suffering game, Petergorough’s Ontario Lottery and Gaming Corporation regulated bingo hall is one of several hall that is receiving new digitalized gaming options. It is technology that is hoped to be the savior of bingo halls.
The spokesperson for the Ontario Lottery and Gaming Corporation, Rui Brum says that bingo halls have been see a decline in profits between 8 and 10 cents each early which equals approximately $200 million in total. Electronic bingo machines were put in these bingo halls 5 years ago and operate in the same way that traditional bingo does except the computer blots off the bingo numbers. For those who prefer the traditional bingo, there are regular cards that are available. The machines have been in operation for an entire 5 years since their introduction. The Clonsilla Avenue bingo hall has 110 electronic bingo machines, also known as geckos, which offer games with a bingo-theme. This hall will soon be getting an additional 90 machines.
Bingo Business Model
Brum states that these machines as well as a proper profit-sharing system will all play a part in the rebuilding and modernization of these bingo halls. This also means that some bingo halls will be physically renovated. The updated profit-sharing system indicates that operators will receive 47% of the profits, the Ontario Lottery and Gaming Corporation and charities with get 25% and the last 3% is used for municipalities. Brum says that this will standardize bingo halls and enable charities to receive the money that they truly need. There are currently 44 charities that are associated with bingo halls and each works a set number of shifts every month in return for a check for the charity.
Bingo Hall Renovation
In May, a bingo hall in Peterborough previously named Kawartha Club Bingo was bought by 2 bingo operators, Boardwalk and Delta Bingo and this is now the name of the bingo hall. The regional manager for the bingo hall, Tom Aikins, says that he is now having the building signs changed. He also states that the renovation of the bingo hall will give the building a fresh look, modern services and an expanded beverage and food menu as well as a lounge in the front of the building. This bingo hall is also licensed to sell alcoholic beverages. Brum states that the renovations will draw in more people who are not only looking to play bingo but also looking to relax, eat and have a drink. The companies say they have a lot of hope for this bingo hall and that these renovations generate a significant increase in revenue. This bingo hall will also be part of the new profit-sharing system starting this fall.