PRESS RELEASES

May 5, 2010

Bingo.com Closes $2,250,000 Private Placement from Unibetaccrobat_icon

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.”

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March 24, 2010

Bingo.com Announces Year End & Fourth Quarter Resultsaccrobat_icon

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.

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March 22, 2010

Bingo.com Partners with Unibet for Bingo Expansionaccrobat_icon

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.

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January 15, 2010

Bingo.com Selects Cozy Games as New Software Provideraccrobat_icon

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.”

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November 10, 2009

Bingo.com Announces Third Quarter Resultsaccrobat_icon

ANGUILLA, B.W.I., November 10, 2009 / Bingo.com, Ltd. (OTC BB: BNGOF), operator of the popular online gaming community http://www.bingo.com, today announced its preliminary unaudited financial results for the third quarter ended September 30, 2009. All amounts are presented in United States dollars and in accordance with United States Generally Accepted Accounting Principles.

“The effects of the economic downturn were evident in our third quarter results,” said Tarrnie Williams, the Company’s CEO. “Online bingo players have become quite sophisticated and, with an increase in the number of similar product offerings, individual player values have contracted. In anticipation of this fact, we invested significant resources during the third quarter into a differentiated product that will soon be ready for release. The fourth quarter has started well and, when our new offering is live, we expect the business to be well positioned to return to growth and profitability.”

Bingo.com highlights for the third quarter of 2009 included:

  • Third quarter gaming revenue of £852,513, an increase of 9% from gaming revenue of £781,948 for the third quarter of the prior year and a decrease of 11% from gaming revenue of £957,040 in the second quarter of 2009 when measured in Pounds Sterling, our depositing currency.
  • Net loss of $390,432 in the third quarter of 2009
  • Financed and installed new system architecture to host new games and new features

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