In contrast to many other types of online gambling, Internet bingo is inherently a social game in which the chitchatting is an integral part of the gaming experience. If you play bingo online, you’ll also be meeting new people and making friends. Therefore it’s important to consider a few unwritten rules expected of fellow bingo players. Six simple suggestions for dos and don’ts for Bingo chitchat might be the following.

• Do your research. Many a webpage or forum topic is devoted solely to bingo chat rooms. Why? Because even a bingo website with the best possible promotions and tournaments running 24/7 means nothing without a friendly and lively chatroom. Also important to look for in doing research are free chatroom games – an essential to keep players interested and enthused.

• Don’t bother with the free bingo sites. While free bingo sounds fun, these sites are overwhelmingly poorly run, have inferior customer/technical support and attract few people who actually stay regulars, an essential feature of a fun bingo website. And the chatrooms at such websites reflect this.

• Do be polite. Please. Virtual society is still society, after all, so please apply the golden rule. Of course, some unintentional stepping on people’s toes will happen in a suitably international and multicultural bingo room. In general, the same rules of polite conversation apply and therefore it’s best to stay away from controversial subject matter. One thing that can be emphatically stated is the following.

• Don’t brag about your wins. This is really a turnoff in terms of bingo chit chat and can inspire serious bad feelings, even accusations. These in turn tie in with…

• Don’t complain about players winning. It sounds bad and it’s silly if you think about it. There are nowhere “house players” and it is seemingly impossible for anyone to cheat at online bingo. Please remember that it’s all about luck and there are no bingo conspiracies.

• Do learn some lingo. If you want to chitchat, chitchat in cool fashion by learning some online bingo lingo. Most of these are actually Internet-like acronym terms, but in addition to LOL are some specific “words” like “1tg,” which means “one number to go until I hit bingo.” Then there’s BLNT for “better luck next time” and POOF for “I have left the chat.” And fellow bingo players are referred to as “Roomies.”

The next time you chat while playing online bingo, remember your bingo etiquette and you’ll have even more fun. So have a great time, GL2U and TTFN!

In contrast to many other types of online gambling, Internet bingo is inherently a social game in which the chitchatting is an integral part of the gaming experience. If you play bingo online, you’ll also be meeting new people and making friends. Therefore it’s important to consider a few unwritten rules expected of fellow bingo players. Six simple suggestions for dos and don’ts for Bingo chitchat might be the following.

• Do your research. Many a webpage or forum topic is devoted solely to bingo chat rooms. Why? Because even a bingo website with the best possible promotions and tournaments running 24/7 means nothing without a friendly and lively chatroom. Also important to look for in doing research are free chatroom games – an essential to keep players interested and enthused.

• Don’t bother with the free bingo sites. While free bingo sounds fun, these sites are overwhelmingly poorly run, have inferior customer/technical support and attract few people who actually stay regulars, an essential feature of a fun bingo website. And the chatrooms at such websites reflect this.

• Do be polite. Please. Virtual society is still society, after all, so please apply the golden rule. Of course, some unintentional stepping on people’s toes will happen in a suitably international and multicultural bingo room. In general, the same rules of polite conversation apply and therefore it’s best to stay away from controversial subject matter. One thing that can be emphatically stated is the following.

• Don’t brag about your wins. This is really a turnoff in terms of bingo chit chat and can inspire serious bad feelings, even accusations. These in turn tie in with…

• Don’t complain about players winning. It sounds bad and it’s silly if you think about it. There are nowhere “house players” and it is seemingly impossible for anyone to cheat at online bingo. Please remember that it’s all about luck and there are no bingo conspiracies.

• Do learn some lingo. If you want to chitchat, chitchat in cool fashion by learning some online bingo lingo. Most of these are actually Internet-like acronym terms, but in addition to LOL are some specific “words” like “1tg,” which means “one number to go until I hit bingo.” Then there’s BLNT for “better luck next time” and POOF for “I have left the chat.” And fellow bingo players are referred to as “Roomies.”

The next time you chat while playing online bingo, remember your bingo etiquette and you’ll have even more fun. So have a great time, GL2U and TTFN!

The online gaming software giant Playtech has purchased the internet bingo company Virtue Fusion in a deal worth up to £36 million. Virtue Fusion currently supplies more than 20 groups with online bingo services. The deal is expected to push Playtech to the forefront of the international online bingo industry.

Reuters UK: Playtech buys online bingo firm Virtue Fashion

The internet gambling software giant Playtech just acquired the online bingo company Virtue Fashion in a deal worth up to £36 million. Playtech aims strengthen its presence in the international bingo market.

Playtech will make an initial payment of £29 million pounds in cash, with an additional performance-based payment of up to £7 million in early 2011.

The company says that bingo is one of the fastest growing facets of the online gambling world, and that the the deal will provide them with cross-selling opportunities.

Virtue Fashion currently has more than 20 licensees, including well known brands like as William Hill, Ladbrokes and Paddy Power. They saw a turnover of £12.3 million in 2009.

Playtech’s shares have lifted 21% in the last three months. Shares were up 2.1% to 477 pence after the merger was announced, valuing the company at about £1.15 billion.

London Evening Standard: Bingo king Al Haig sells Virtue to Playtech for £29m

Land-based bingo halls in the UK might be struggling, but millions of pounds are pouring through online versions of the game, where bingo is one of the online gaming industry’s fastest growing markets.

Internet bingo entrepreneur Al Haig recently became £25 million richer after selling his Virtue Fusion bingo business to Playtech for an upfront cost of £29 million, with more cash to follow if the business does well.

Virtue Fusion creates online bingo platforms for household names such as Ladbrokes and Sky. Playtech also works in the online gaming business, putting together software for internet casinos, mobile phones and TVs. Virtue Fusion had turnover of £12 million and saw a profit of £3.8 million last year.

Bob McCulloch, Virtual Fusion’s chief executive, is also expecting a pay-out from the deal, and intends to stay with the business for at least two years.

Playtech’s chief executive, Mor Weizer, said the acquisition will make his company a leading player in the international bingo market.

Proactive Investors UK: Playtech snaps up online bingo developer Virtue Fusion for £29 million

Online gaming software company Playtech is acquiring Virtue Fusion, a developer and licensor of internet bingo products, for an initial price of £29 million in cash, up to a potential £36 million depending on the performance of Virtue Fusion in 2010.

Playtech said the acquisition will transform it into a global leader in online bingo market, complementing its current position in the internet poker and casino industries. The deal is also expected to be earnings accretive in 2010, and will generate “additional cross-selling opportunities”.

In 2009, Virtue Fusion generated £12.3 million in revenues and adjusted EBITDA of £3.8 million, marking a significant increase compared to 2008 revenues of £8.1 million and adjusted EBITDA of £2.3 million in 2008. Playtech is paying a premium price to gain a firm position in the bingo sector, which according to the company is one of the fastest growing online gaming segments.

Virtue Fusion typically sees more than 6,000 concurrent players on their platform. They licence their online bingo products to more than 20 groups, including Paddy Power, Vigrin and William Hill.

“For Playtech, the acquisition significantly enhances its own bingo offering, brings new licensees and enhances its relationships with a number of existing licensees. It also positions Playtech as the leading supplier in all of the key product segments in the online gaming industry, with very substantial liquidity in each of its player networks,” Playtech stated this morning.

“As with poker, network player liquidity is an important element for bingo operators. By linking the operator’s bingo rooms across the network, Virtue Fusion can facilitate more frequent games being offered and higher prize values and jackpots for the same individual stake. Both Playtech and Virtue Fusion’s existing licensees will therefore enjoy the benefits of increased liquidity when their networks are combined.”

The online gaming software giant Playtech has purchased the internet bingo company Virtue Fusion in a deal worth up to £36 million. Virtue Fusion currently supplies more than 20 groups with online bingo services. The deal is expected to push Playtech to the forefront of the international online bingo industry.

Reuters UK: Playtech buys online bingo firm Virtue Fashion

The internet gambling software giant Playtech just acquired the online bingo company Virtue Fashion in a deal worth up to £36 million. Playtech aims strengthen its presence in the international bingo market.

Playtech will make an initial payment of £29 million pounds in cash, with an additional performance-based payment of up to £7 million in early 2011.

The company says that bingo is one of the fastest growing facets of the online gambling world, and that the the deal will provide them with cross-selling opportunities.

Virtue Fashion currently has more than 20 licensees, including well known brands like as William Hill, Ladbrokes and Paddy Power. They saw a turnover of £12.3 million in 2009.

Playtech’s shares have lifted 21% in the last three months. Shares were up 2.1% to 477 pence after the merger was announced, valuing the company at about £1.15 billion.

London Evening Standard: Bingo king Al Haig sells Virtue to Playtech for £29m

Land-based bingo halls in the UK might be struggling, but millions of pounds are pouring through online versions of the game, where bingo is one of the online gaming industry’s fastest growing markets.

Internet bingo entrepreneur Al Haig recently became £25 million richer after selling his Virtue Fusion bingo business to Playtech for an upfront cost of £29 million, with more cash to follow if the business does well.

Virtue Fusion creates online bingo platforms for household names such as Ladbrokes and Sky. Playtech also works in the online gaming business, putting together software for internet casinos, mobile phones and TVs. Virtue Fusion had turnover of £12 million and saw a profit of £3.8 million last year.

Bob McCulloch, Virtual Fusion’s chief executive, is also expecting a pay-out from the deal, and intends to stay with the business for at least two years.

Playtech’s chief executive, Mor Weizer, said the acquisition will make his company a leading player in the international bingo market.

Proactive Investors UK: Playtech snaps up online bingo developer Virtue Fusion for £29 million

Online gaming software company Playtech is acquiring Virtue Fusion, a developer and licensor of internet bingo products, for an initial price of £29 million in cash, up to a potential £36 million depending on the performance of Virtue Fusion in 2010.

Playtech said the acquisition will transform it into a global leader in online bingo market, complementing its current position in the internet poker and casino industries. The deal is also expected to be earnings accretive in 2010, and will generate “additional cross-selling opportunities”.

In 2009, Virtue Fusion generated £12.3 million in revenues and adjusted EBITDA of £3.8 million, marking a significant increase compared to 2008 revenues of £8.1 million and adjusted EBITDA of £2.3 million in 2008. Playtech is paying a premium price to gain a firm position in the bingo sector, which according to the company is one of the fastest growing online gaming segments.

Virtue Fusion typically sees more than 6,000 concurrent players on their platform. They licence their online bingo products to more than 20 groups, including Paddy Power, Vigrin and William Hill.

“For Playtech, the acquisition significantly enhances its own bingo offering, brings new licensees and enhances its relationships with a number of existing licensees. It also positions Playtech as the leading supplier in all of the key product segments in the online gaming industry, with very substantial liquidity in each of its player networks,” Playtech stated this morning.

“As with poker, network player liquidity is an important element for bingo operators. By linking the operator’s bingo rooms across the network, Virtue Fusion can facilitate more frequent games being offered and higher prize values and jackpots for the same individual stake. Both Playtech and Virtue Fusion’s existing licensees will therefore enjoy the benefits of increased liquidity when their networks are combined.”