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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