It will be interesting to see how things develop at Gala Coral, the gaming company behind mainstay online bingo hall Gala Bingo, now that reports in the UK media are claiming that sources have revealed the company has lost half its value.
I think a word of caution needs to be added here considering that we don’t have the full story yet, but confirmation by the company that it is in talks to re-negotiate its lending agreements does not bode well.
The news, if it turns out to be true, is also a warning to the online bingo industry and free online bingo operators in general that complacency is to be avoided. While I do believe bingo online can see out a lot of the recessionary fears currently stalking the larger economy, it still remains crucial that we keep our wits about us and continue to provide the best online bingo games service we can.
Written by Bingo Lady
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