World Bingo Network Shuts Down

The recent seizures of several online poker sites and their assets sent shock waves through the online gaming industry. The heavy handed action by the US government was totally unexpected and until recently most online bingo sites were spared. One of the giants in the online bingo industry has pulled the plug on its operations thanks to the US Department of Justice. The World Bingo Network was launched almost a decade ago and was one of the first bingo networks in the online gaming industry. During its peak operations there were about 20 bingo sites associated with the WBN. When the WBN shuttered its doors there were four sites remaining, Bingoworkz, USABingo, DesperateHousewives Bingo and BingoTropic.

The closure of the bingo sites may be a reaction to recent actions by the DOJ. On each of its sites including the WBN’s main site the following message appeared “It is with great sadness that we announce the closure of World Bingo Network and all sites. Our doors close at noon EST on May 27, 2011. A challenging environment and circumstances beyond our control have made it impossible for us to continue operations. It is our intention to ensure that all players are taken care of and deposits refunded at the earliest possible time. All players will be receiving letters in this regard. We have fond memories of great people, wonderful staff and fun times while they lasted.WBN Management.” While the statement does not say exactly what those ‘circumstances beyond our control’ are it is easy to conclude that the actions were caused by government actions against online gaming in the United States.

Many in the industry expect even more actions directed against bingo sites that accept deposits from players in the United States. American bingo players who are playing for money are not breaking US laws but sites processing transactions related to any form of internet gambling are in violation of current US laws. American players should be aware that ewallet services processing gambling transactions from American players are at risk from court action by US authorities. One popular ewallet, QuickTender, has been forced to shut down and player’s funds are currently frozen. At the present time it is not known when or if American players will be able to retrieve their funds. While the short term outlook for American bingo players looks bleak many gaming experts believe that the US will legalize all online gambling once they figure out a way to tax and regulate the industry.

Online Bingo Reviews

Subscribe for Newsletter

We respect your email privacy
Read our privacy policy
Protected by Copyscape Original Content Checker
Visit Us On Twitter