Press Releases 2008

November 14, 2008

Bingo.com Announces Third Quarter Resultsaccrobat_icon

ANGUILLA, B.W.I., November 14, 2008 / 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 third quarter ended September 30, 2008. All amounts are presented in United States dollars and are in accordance with United States Generally Accepted Accounting Principles.

Bingo.com highlights of the third quarter of 2008 included:

  • Total revenue of $1,560,087, up 10% from total revenue of $1,415,858 in the second quarter of 2008 and $1,344,347 in the first quarter of 2008.
  • Net loss of $268,774 in the third quarter of 2008, up 14% from net loss of $235,188 in the second quarter of 2008 and up 2% from net loss of $262,543 in the first quarter of 2008.

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August 15, 2008

Bingo.com Announces Share Trading Concernsaccrobat_icon

ANGUILLA, B.W.I., August 15, 2008 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the popular online gaming community http://www.bingo.com, believes it important to provide it’s shareholders and the public with information of a material nature caused by important changes that have come into effect as a result of changes to regulations implemented by the British Columbia Securities Commission (“BCSC”).

On May 13, 2008, the BCSC enacted its rule 33-705: “Conditions of Registration for Investment Dealers that Trade in the U.S. Over-the-Counter Markets”. In essence, this change will require British Columbia securities dealers who wish to continue to trade in United States Over-the-Counter (“OTC”) securities to be subject to additional regulatory scrutiny and documentation. For those British Columbia securities dealers who are not willing to subject themselves to such additional regulation, the BCSC will require a written undertaking that they will not trade in OTC securities.

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August 14, 2008

Bingo.com Announces Second Quarter Resultsaccrobat_icon

ANGUILLA, B.W.I., August 14, 2008 / 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 second quarter ended June 30, 2008. All amounts are presented in United States dollars and are in accordance with United States Generally Accepted Accounting Principles.

Bingo.com highlights of the second quarter of 2008 included:

  • Total revenue of $1,415,858, up 5% from total revenue of $1,344,347 in the first quarter of 2008 and $1,135,844 in the fourth quarter of 2007.
  • Net loss of $235,188 in the second quarter of 2008, down 10% from net loss of $262,543 in the first quarter of 2008 and down 30% from net loss before abnormal items of $336,968 in the fourth quarter of 2007.
  • Completed a $600,000 non brokered private placement.

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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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May 15, 2008

Bingo.com Announces First Quarter Resultsaccrobat_icon

ANGUILLA, B.W.I., May 15, 2008 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the popular onlinegaming community www.bingo.com, today announced its unaudited financial results for the first quarterended March 31, 2008. All amounts are presented in United States dollars and are in accordance withUnited States Generally Accepted Accounting Principles.

“The first quarter of 2008 was another strong quarter of growth for Bingo.com” said Tarrnie Williams, theCompany’s CEO. “We’ve increased our revenue, decreased our costs, and further entrenched Bingo.comas a premier gaming operator in the United Kingdom market. Bingo.com has added thousands of newreal-money players in the quarter and the popularity of our gaming suite is growing rapidly within the UK bingo community. Our strategy remains focused on leveraging the strength of the Bingo.com URL in the UK as we prepare for the launch of Bingo.com in other markets and other languages. While man challenges remain, Bingo.com is in an excellent position to return to profitability.”

Bingo.com highlights of the first quarter of 2008 included:

  • Total revenue of $1,344,347, up 18% from total revenue of $1,135,844 in the fourth quarter of
  • 2007 and $989,576 in the third quarter of 2007.
  • Net loss of $262,543 in the first quarter of 2008 from net loss before abnormal items of $336,968
  • in the fourth quarter of 2007 and $395,787 in the third quarter of 2007.
  • Initial license approval in Alderney.

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