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Copyright 2005 Dot-Bingo.
December 20, 2005
HEADLINE:
Full Houses for Poker, an Empty “House” for Bingo
Body:
For years now, staging bingo nights has been a blue-chip strategy
for U.S. charities in need of funding. Most non-profit organizations
are run on shoestring budgets, usually by people who nobly give
of their time in the name of the charitable cause. Typically,
these very same volunteers staff charity bingo games, acting as
bingo callers, receipt collectors, and event organizers. Recently,
however, there has been a steady decline in proceeds from bingo
events.
Event organizers attribute the downswing in bingo participation
to multiple factors, such as the introduction of smoking bans
in many states, which discourages many people from coming to play.
The main factor in bingo's decline, however, is simply the age
of the bingo-playing population. Most bingo fans are older, and
the game's slower pace doesn't appeal to much of today's youth.
Not-for-profit organizations still need to function, however,
and many have been hard-hit by flagging bingo revenues. Taking
a proactive approach, many charities have switched from bingo
nights to poker fundraisers, and it seems that they are on to
something big. Capitalizing on poker's booming popularity, many
charities have begun hosting Texas
Hold 'em poker tournaments, and have found them to be extremely
crowd-pleasing and, above all, profitable.
Charity event organizers have found that many more people are
currently attracted to poker games, as they involve skill, versus
bingo games, which are completely based on luck. Indeed, poker,
rather than bingo, seems to be where the money is, as people are
more likely to spend greater sums on tournament buy-ins and entry
fees than bingo cards and pull tab games. As such, the poker prize
pools are usually much larger than bingo jackpots. A typical poker
tournament these days can bring in thousands of dollars to
a charity in one night, instantly funding a great portion of its
operating expenses. Bingo nights, on the other hand, sometimes
even lose money for a charity if not enough players show up for
the games.
Is charity bingo gone for good? Not by a longshot, as hundreds
of licenses are still being issued for such events by authorities
in most states. But for now, it seems that poker is riding a wave
of popularity that bingo simply cannot match.
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