Press Releases 2010
ANGUILLA, B.W.I., May 5, 2010 / Bingo.com, Ltd. (OTC BB: BNGOF), owner of the popular online gaming community http://www.bingo.com, today announced it has closed a private placement from Unibet Group plc of 15 million common shares at $0.15 per share to raise net proceeds of $2,250,000. After issuance, the private placement represents 25.9% of Bingo.com. These shares were placed with Unibet Group plc, which is a non-U.S. resident under Regulation S exemptions.
“Bingo.com is pleased to have secured a private placement from Unibet,” said Tarrnie Williams, Bingo.com’s CEO. “With one of the World’s leading gaming operators as both an investor and operational partner, Bingo.com will now have the resources to support its brand in a number of emerging online bingo markets. We very much look forward to taking on a leading role in the expansion of online bingo worldwide.”
ANGUILLA, B.W.I., March 24, 2010 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the popular online gaming community http://www.bingo.com, today announced its unaudited financial results for the fourth quarter ended December 31, 2009. 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 2009 and of the fourth quarter of 2009 included:
- • Total revenue for the year ended December 31, 2009 of $5,825,362, an increase of 3% from revenue of $5,649,565 in the year ended December 31, 2008.
- • Total gaming revenue for the year ended December 31, 2009, of $5,629,529, an increase of 5% from revenue of $5,373,718 in the year ended December 31, 2008.
ANGUILLA, B.W.I., March 22, 2010 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the popular online gaming community http://www.bingo.com, today announced it has entered into a formal agreement to join the Unibet partner program as a network operator of their multi-language and multi-currency bingo and casino systems. Bingo.com players will be combined with the gaming liquidity on Unibet’s popular Mariabingo.com and Bingo.se websites to create one of the largest and most international online bingo systems in operation.
ANGUILLA, B.W.I., January 15, 2010 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the popular online gaming community http://www.bingo.com, today announced that it has selected Cozy Games to be its new core software platform for bingo, slots, and other casino games. The games are now live at the Bingo.com website after a smooth transition to the new system.
“We’re excited to be live on the Cozy Games system,” said Tarrnie Williams, Bingo.com’s CEO. “We believe that with an improved bingo product, the addition of over 30 new slots games, the upcoming availability of our games over smart phones, and many other advanced features, Bingo.com will experience greater player values from both our existing and new players. Furthermore, we believe that with the Cozy Games software, Bingo.com is in an excellent position for continued growth by capturing market share from other operators due to having a unique and competitive product. The Cozy Games system also provides full multi-language and multi-currency support enabling Bingo.com to continue its expansion into new markets.”