A recent study found that bingo halls are not as profitable as once thought. The study, which was conducted by the University of Texas at Arlington, looked at data from 1,200 bingo halls in eight states. It found that while profits were high in the early 2000s, they have since declined. In fact, the study found that only about 20 percent of bingo halls are profitable.
This is likely because there has been a shift in how people play the game. Bingo halls used to rely on people buying tickets in bulk, but now people mostly play for fun. This means that the hall is not making as much money from ticket sales as it once was.
