Bingo.com Announces First Quarter Results

ANGUILLA, B.W.I., May 5, 2014 / Bingo.com, Ltd. (OTCQB: BNGOF), owner of the popular online gaming community http://www.bingo.com, today announced its unaudited financial results for the first quarter ended March 31, 2014.  All amounts are presented in United States dollars and in accordance with United States Generally Accepted Accounting Principles.

Recent Bingo.com highlights include:

• Total revenue for the quarter ended March 31, 2014, was $548,471, an increase of 36% from revenue of $404,488 in the fourth quarter of 2013.
• Two separate financings for the quarter ended March 31, 2014, for a total of 1,750,000 common shares at $0.40 per share raising $700,000 in total.
• Soft-launch of Trophy Bingo on Android smart-phones and tablets world-wide

“We continued to implement our long-term business strategies during the first quarter of 2014” said Jason Williams, Bingo.com’s CEO.  “In our European cash gaming business revenues increased significantly as a result of changes to the marketing mix and favourable gaming results during the quarter.  We continue to invest in select marketing campaigns that have shown the highest returns and in markets where Bingo.com’s brand is the strongest,” continued Williams.  “In our social casino business, we soft-launched Trophy Bingo in the Google Playstore during the quarter.  The game has been rated highly by players on the platform and its analytics remain strong.  We continue to invest heavily in the development of Trophy Bingo as we pursue a strategy of product differentiation in the social bingo marketplace.  In the first quarter of 2014 we commenced amortizing the development expenses incurred to date and are expensing the ongoing development costs as they occur.  This accounting change has resulted in a large loss for the quarter despite our revenue growth”

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Bingo.com Closes $500,000 Private Placement

ANGUILLA, B.W.I., March 31, 2014 / Bingo.com, Ltd. (OTCQB: BNGOF), owner of the popular online bingo community http://www.bingo.com, today announced it has closed a private placement of 1,250,000 common shares at $0.40 per share to raise net proceeds of $500,000. The shares have been placed with a non-US private company.

“The funds raised in this private placement will be used to finance the on-going development and marketing of Trophy Bingo,” commented Jason Williams, Bingo.com’s CEO. “Trophy Bingo is a patent- pending social bingo product that is currently available worldwide on Android devices and will be coming to iOS and desktop platforms soon. While on-going modifications to the game continue, performance metrics thus far have outperformed our expectations and we remain confident in the game’s long-term potential.”

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Bingo.com Closes $200,000 Private Placement

ANGUILLA, B.W.I., January 28, 2014 / Bingo.com, Ltd. (OTCQB: BNGOF), owner of the popular online gaming community http://www.bingo.com, today announced it has closed an additional private placement of 500,000 common shares at $0.40 per share to raise net proceeds of $200,000.  The shares have been placed with a non-US private company.

“The funds raised in this private placement will be used to finance the on-going development and marketing of Trophy Bingo,” commented Jason Williams, Bingo.com’s CEO.  “Trophy Bingo is a patent-pending social bingo product that will be available Worldwide on iOS and Android mobile devices soon.  The game has completed its beta trials and while some additional modifications are being completed, performance metrics thus far have outperformed our expectations and we remain confident in the game’s potential.”

For full details of the Companies 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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Bingo.com Announces 2013 Year End Results

ANGUILLA, B.W.I., January 24, 2014 / Bingo.com, Ltd. (OTC Markets: BNGOF), owner of the popular online gaming community http://www.bingo.com, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2013. All amounts are presented in United States dollars and in accordance with United States Generally Accepted Accounting Principles.
Recent Bingo.com highlights include:

• Total revenue increased to $1,938,699 for the year ended December 31, 2013, an increase of 10% over revenue of $1,765,828 for the same period in the prior year.
• Total loss for the year ending December 31, 2013 was $814,178 compared to a loss of $46,235 for the year ending 2012.
• Completed transition to new desktop gaming platform in Q4 which enables a mobile and tablet solution to launch in the first quarter of 2014.
• Finalized beta testing of Trophy Bingo, our social casino game and completed preparations for a world wide launch on Android mobiles and tablets in the first quarter of 2014.
• Two separate financings in 2013 for a total of 2,000,000 common shares at $0.45 per share raising $900,000 in total.

“2013 was filled with highs and lows for Bingo.com,” said Jason Williams, the Company’s CEO. “During the year, we were completely focused on two strategic initiatives; to increase revenue in our cash gaming business, and to spearhead the development of our social casino game Trophy Bingo.”

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