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October 2, 2006

Bingo.com To Focus on European Expansion

ANGUILLA, B.W.I., October 2, 2006 / Bingo.com, Ltd. (OTCBB: BNGOF), operator of the World’s Largest Bingo Hall, announced today that with the passage of new United States legislation aiming to prohibit United States based banks, credit card companies and other Internet payment systems from making payments to online gambling companies, Bingo.com will be focusing future business expansion in European markets such as United Kingdom, Italy and other Internet gaming friendly jurisdictions. These countries have either passed, or are passing legislation legalizing and regulating Internet gaming.

“Bingo.com has a large number of players in the United Kingdom already and with over 48 million adults and a long standing bingo tradition, the United Kingdom is an ideal market for the Company’s initial international expansion,” commented Tarrnie Williams, CEO. “We have been in preparation for this targeted international strategy for a long time and we are excited to put these plans into action. We are extremely fortunate to have the best possible URL for providing online bingo so while this policy change in the United States may impact the performance of the Company in the short term, we expect the Bingo.com brand to be well received in the new markets in which we focus.”

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May 15, 2006

Bingo.com Announces First Quarter Results

“Bingo.com recorded strong growth in its Internet traffic and gaming operations during the quarter,” commented Tarrnie Williams, the Company’s CEO. “The decision to remove competitive third party advertising from the website has resulted in significant increases to the Company’s own real money games. With the recent launch of the new Bingo.com website and the expansion of our marketing efforts we expect revenues and market share to continue to grow throughout 2006.”

Of the $710,011 in revenue for the quarter, the online gaming operations provided revenue of $593,965, an increase of 68% from gaming revenue of $353,348 in the fourth quarter of 2005. This increase in gaming revenue over the fourth quarter of 2005 is due to an increase in the number of real money bingo players visiting the Bingo.com website in the quarter. Total revenue increased to $710,011 for the quarter ended March 31, 2006, an increase of 8% from revenue of $654,438 in the fourth quarter of 2005 and an increase of 76% from revenue of $403,551 for the first quarter of 2005. The Company earned advertising revenue of $116,046 in the quarter ended March 31, 2006, a decrease of 61% from advertising revenue of $301,090 in the fourth quarter of 2005. This decrease is due to Management’s decision to suspend the sale of advertising available to third parties in order to increase the traffic to our own gaming operations.

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March 29, 2006

Bingo.com Announces Fourth Quarter and Year End Results

“2005 was a landmark year for Bingo.com,” stated Tarrnie Williams, the Company’s CEO. “Our online gaming strategy was successfully implemented and has recorded strong growth since its initial launch. With our reduced reliance on advertising revenue, Bingo.com is now in a position to increase its marketing efforts and drive significant traffic into the cash games. We expect 2006 to be a record year for online bingo and Bingo.com.”

Bingo.com, Ltd. (the “Company”) ended the 2005 fiscal year with total revenue of $1,981,061, an increase of 71% over the previous year’s revenue of $1,158,620. Revenue for the fourth quarter of 2005 increased to $654,438 from $465,733 in the third quarter of 2005 and $389,921 in the fourth quarter of 2004. During the year ended December 31, 2005, we introduced traditional bingo for cash to our players. Our revenue from the cash bingo gaming operations amounted to $594,582 for the year ended December 31, 2005. Of the $654,438 in revenue for the quarter, the cash bingo operations provided revenue of $353,348, an increase of 79% from revenue of $197,873 in the third quarter of 2005. This increase is due to an increase in the number of cash bingo players.

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November 14, 2007

Bingo.com Announces Third Quarter Results

ANGUILLA, B.W.I., November 14, 2007 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the World’s largest online bingo hall, today announced its financial results for the third quarter ended September 30, 2007. All amounts are presented in United States dollars and in accordance with United States Generally Accepted Accounting Principles.

“The third quarter has been a particularly satisfying quarter for Bingo.com.” said Tarrnie Williams, CEO of Bingo.com. Month over month, since commencing gaming operations in the United Kingdom on April 23, 2007, we have grown our customer base, increased our market share, and reduced our operational expenses on a percentage of revenue basis, all of which has significantly increased our revenue and helped to reduce our quarterly loss as we work to return to profitability.”

Highlights for the quarter include:

  • Added a ‘Speed Bingo’ 80 ball bingo room to our offering.
  • Gaming Revenue increased from $265,650 in the second quarter of 2007 to $1,048,338 in the third quarter of 2007.
  • Reduced Loss from $535,912 in the second quarter of 2007 to $399,528 in the third quarter of 2007.

Financial Results:

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August 14, 2007

Bingo.com Announces Second Quarter Results

ANGUILLA, B.W.I., August 14, 2007 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the World’s largest online bingo hall, today announced its financial results for the second quarter ended June 30, 2007. All amounts are presented in United States dollars and in accordance with United States Generally Accepted Accounting Principles.

“The launch of Bingo.com in the United Kingdom is now behind us” said Tarrnie Williams, CEO of Bingo.com. “It was a difficult and expensive task to change our gaming software, rebuild the Bingo.com website, and redesign our marketing efforts, but it is now complete. We are pleased with the initial results from the marketing campaigns we have engaged on television and through our affiliate marketing relationships. In the past three months we have built a solid base of players which provide the necessary liquidity to our bingo games. The Bingo.com URL continues to drive significant gaming traffic and we are confident in our potential for a return to profitability.”

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