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A phantom bonus is deducted from the player's balance at the moment he places his withdrawal request. For example: if a player deposited $100, received $100, played, and finished the wagering at $150. If the bonus is sticky, the player will be able to withdraw just $50. If the bonus is cash-able, then the whole balance is available for withdrawal.
The game of bingo has been able to sidestep many of the laws which ban gambling online. In England, for instance, section 65 of the 1928 Royal Commission Report on Gambling states, “Bingo is a lottery played as a game.” [5] The report details that a game of chance is different than that of casino games, even requiring separate licensing.
As of 2008, Gala Bingo operated 137 clubs throughout the United Kingdom, with approximately a 24% share of all clubs and nearly 40% of National Bingo Game ticket sales up until the operator's withdrawal from the National Game in Summer 2008. Gala has around five million bingo members, of which approximately 1.2 million are active players.
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In 2009 Wink Bingo was purchased by 888 Holdings Plc, [7] which operates a number of entertainment brands including 888casino, 888poker and 888sport. The initial up front fee was reported in the London Evening Standard to be £11 million, rising as high as £59.7 million depending on performance-based earn out arrangements. [8]
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