News of three new online bingo sites launching on the renowned Globalcom software, which is owned by 888 Holdings sent their share prices up by 1% to 70p yesterday. This latest development further signifies 888 Holdings as a major player in the online gaming industry. Two of these new networked online bingo sites are set to launch in the UK and the other one is due to launch in Spain. 888 Holdings only launched their own online bingo site 888 Ladies Bingo earlier this year and it has proved to be a big hit with online bingo players.

Some of the top online bingo sites on the net run on Globalcom software and these include Foxy Bingo, Wink Bingo, Think Bingo, We Luv Bingo, Top Ten Bingo, Bingo Scotland, Think Bingo Cosy, Mirror Bingo and STV Bingo and of course not forgetting 888 Ladies Bingo.

Some of these bingo online bingo sites are networked sites, which means they link up with other bingo sites to bring their players higher cash prizes to play for and other Globalcom software based sites like Foxy Bingo, Think Bingo, Think Bingo Cosy, Bingo Scotland, 888 Ladies Bingo and Wink Bingo are stand alone sites, which means players can only access these online sites by registering with them respectively.

Talking about the three new online bingo sites that are set to launch early on in 2009, Gigi Levy, who is the Chief Executive of the 888 Holdings group said, "They are set to make a significant addition to our bingo business not only in revenues but also in geographic presence. Furthermore, they represent further growth in our fast-expanding B2B business,"

The Cashcade Group, owners of Foxy Bingo, Get Minted Bingo, Think Bingo, Think Bingo Cosy and Bingo Scotland, were very close to sealing a £100 million pound takeover deal in September last year with 888 Holdings, but it fell apart after their shareholders were not happy with what would happen to their stakes in the business. You can see why Cashcade would want to get their hands on the rights to Globalcom software, as most of their online bingo sites run on it. As to whether a new deal will be struck up in the future between these two companies still remains to be seen, but you can never say never in the online bingo industry.