Keno.com takes on Bingo: Gaming Transactions to license and purchase bingo games

Gaming Transactions to integrate bingo into Keno.com

Gaming Transactions has announced it began discussions with vendors on licensing and purchase of bingo games. The company will integrate bingo into Keno.com, and market the game as a part of its increasing suite of products. There are approximately 60 million bingo players worldwide, and the company intends to aggressively market its Bingo games on leading Bingo portals and publications.Currently, $70 to $90 billion a year is wagered at land based bingo halls around the world, and the estimated Internet bingo market exceed $800 million with a 400% annual growth rate, which makes it one of the fastest growing online sectors.Patrick Smyth, CEO of Gaming Transactions, said: "The decision to further increase the number of available games has been prompted both by the terrific customer response to our keno games and by the forecasts ofcontinued growth in the online gaming industry. Bingo is the largest and most socially accepted method of gambling throughout the world and is a great fit with our Keno games."Gaming Transactions Inc. is a developer and provider of online games and services for the online entertainment and gaming industries. Company's central licensed games portal, keno.com offers a number of gambling and online gaming fixtures.