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May 21, 2008

Bingo.com Closes $600,000 Private Placementaccrobat_icon

ANGUILLA, B.W.I., May 21, 2008 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the popular online gaming community http://www.bingo.com, today announced it has closed a private placement of 2 million common shares at $0.30 per share to raise net proceeds of $600,000. These shares were placed with non U.S. residents under Regulation S exemptions.

“Proceeds from the offering will be used to fund our expansion beyond the United Kingdom market” said Tarrnie Williams, the Company’s CEO. “In the near future we will be launching a Spanish version of our website and allowing players to deposit in various different major currencies. These initiatives will enable Bingo.com to continue to grow and expand its market share.”

For full details of the Company’s operations and financial results, please refer to the Securities and Exchange Commission website at www.sec.gov or the Bingo.com website at http://www.bingo.com.

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March 22, 2011

Bingo.com Announces Year End & Fourth Quarter Results

ANGUILLA, B.W.I., March 22, 2011 / Bingo.com, Ltd. (OTC BB: BNGOF), owner of the popular online gaming community http://www.bingo.com, today announced its financial results for the fourth quarter and the year ended December 31, 2010. All amounts are presented in United States dollars and in accordance with United States Generally Accepted Accounting Principles.

Bingo.com financial highlights for the year ended 2010 and of the fourth quarter of 2010 included:

  • Total revenue for the year ended December 31, 2010 of $1,816,804, a decrease of 69% from revenue of $5,825,362 in the year ended December 31, 2009.
  • Total gaming revenue for the year ended December 31, 2010, of $1,718,257, a decrease of 69% from revenue of $5,629,529 in the year ended December 31, 2009.
  • Total loss after tax for the year ended December 31, 2010 of $878,972 an improvement of 26% compared to a loss of $1,188,051 for the year ended December 31, 2009.
  • Total revenue for the quarter ended December 31, 2010, was $110,884, a decrease of 93% from revenue of $1,552,320 for the same period in the prior year and an increase of 14% from revenue of $97,509 in the third quarter of 2010.
  • Total loss for the quarter ended December 31, 2010, was $260,682, an improvement of 9% from a loss of $286,943 for the same period in the prior year and a decline of 6% from a loss of $245,507 in the third quarter of 2010.

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AGM 2010

The Annual General Meeting of Bingo.com, Ltd. was held at the company’s Anguillian office located at Ground Floor, Hansa Bank Building, Landsome Road, The Valley, AI 2640, Anguilla, British West Indies on Thursday, June 17th, 2010 at 10:00 am (Anguillian Time).