Bingo.com Announces Third Quarter Results

ANGUILLA, B.W.I., November 14, 2005 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the Internet’s pre-eminent bingo portal, today announced its financial results for the third quarter ended September 30, 2005. All amounts are presented in United States dollars and in accordance with United States Generally Accepted Accounting Principles.

Bingo.com highlights of the third quarter of 2005 include:

• Profit of $46,965, the fifth consecutive positive quarter.
• Total revenue of $465,733, a 2% increase over revenue of $457,339 in the second quarter of 2005.
• Successful completion of the first full quarter of Cash Bingo gaming operations.
• Cash Bingo revenue of $197,873, an increase of 356% over Cash Bingo revenue of $43,361 that was generated over a six week period in the second quarter of 2005.

Continue reading

Bingo.com Purchases Yankee Bingo

ANGUILLA, B.W.I., October 4, 2005 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the Internet’s pre-eminent bingo portal, is pleased to announce that it has purchased the popular cash bingo web site yankeebingo.

Bingo.com has completed an asset purchase of this site which includes the player cash deposits, URL, and player database for a sum to be determined by the number of active players in the database and the amount of revenue they generate for the Company over the next 12 months. Active players from this site will immediately have their accounts credited in the Bingo.com system and begin playing in the Bingo.com cash games.

Continue reading

Bingo.com Announces Second Quarter Results

ANGUILLA, B.W.I., August 16, 2005 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the Internet’s pre-eminent bingo portal, today announced its financial results for the second quarter ended June 30, 2005. All amounts are presented in United States dollars and in accordance with United States Generally Accepted Accounting Principles.

• Bingo.com highlights of the second quarter 2005 include:
• Bingo.com, Inc. completed a merger with its wholly-owned subsidiary Bingo.com, Ltd. with Bingo.com Ltd. being the surviving corporation.
• Completed a non-brokered private placement offering of 1,339,667 common shares at $0.75 per share which raised gross proceeds of $1,004,750.
• Launched its cash bingo games.

Continue reading

Bingo.com Purchases Two Cash Bingo Sites

ANGUILLA, B.W.I., May 30, 2005 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the Internet’s pre-eminent bingo portal, is pleased to announce that it has purchased the popular cash bingo web sites www.winabingo.com and Groovybingo.

Bingo.com has completed an asset purchase of these sites which includes the player cash deposits, URLs, and player databases for a sum to be determined by the number of active players in the database and the amount of revenue they generate for the Company over the next 12 months. Active players from these sites will immediately have their accounts credited in the Bingo.com system and begin playing in the Bingo.com cash games.

Continue reading

Bingo.com Announces First Quarter Results

ANGUILLA, B.W.I., May 16, 2005 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the Internet’s pre-eminent bingo portal, today announced its financial results for the first quarter ended March 31, 2005. All amounts are presented in United States dollars and in accordance with United States Generally Accepted

Accounting Principles. Highlights of the first quarter 2005 included:

• Revenue increased to $403,551, an increase of 64% over revenue of $246,189 in first quarter of 2004
• First quarter profit of $32,209, the third consecutive positive quarter

“Our continued quarter by quarter increase in revenue is very satisfying”, remarked Tarrnie Williams, the Company’s CEO. “We look forward to continued growth accelerated by the upcoming launch of our new cash bingo games.”

Continue reading