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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Bingo.com Announces Shareholder Changes 

ANGUILLA, B.W.I., November 18, 2010 / Bingo.com, Ltd. (OTC BB: BNGOF), owner of the popular online gaming community http://www.bingo.com, today announced that Praetorian Capital Management LLC has sold all of its 8,675,999 shares representing 13.58% of the issued and outstanding shares of Bingo.com, Ltd.

“We would prefer not to be exiting this investment at this time,” said Harris Kupperman, CEO of Praetorian, “however tax considerations played a significant part in our decision and its timing.”

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Bingo.com Announces Third Quarter Results

ANGUILLA, B.W.I., November 10, 2010 / Bingo.com, Ltd. (OTC BB: BNGOF), owner of the popular online gaming community http://www.bingo.com, today announced its unaudited financial results for the third quarter ended September 30, 2010.  All amounts are presented in United States dollars and in accordance with United States Generally Accepted Accounting Principles.

Highlights from the third quarter include:

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Bingo.com Announces Second Quarter Results

ANGUILLA, B.W.I., August 13, 2010 / Bingo.com, Ltd. (OTC BB: BNGOF), owner of the popular online gaming community http://www.bingo.com, today announced its unaudited financial results for the second quarter ended June 30, 2010. All amounts are presented in United States dollars and in accordance with United States Generally Accepted Accounting Principles.

Recent Bingo.com highlights included:

• Net loss of $27,977 in the second quarter of 2010 compared to net loss of $266,702 in the second quarter of the prior year and a net loss of $344,806 in the first quarter of 2010.
• Migrated our players onto the Unibet Partner Program to participate in their network bingo and casino program.
• Closed a $2,250,000 investment from Unibet for 25.9% of Bingo.com.
• Sold two redundant subsidiaries for $250,000.

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Bingo.com Launches on Unibet Network System

ANGUILLA, B.W.I., May 18, 2010 / Bingo.com, Ltd. (OTC BB: BNGOF), owner of the popular online gaming community http://www.bingo.com, today announced that it has successfully transitioned its website and database onto the Unibet network. A new version of Bingo.com is now live and fully supported in 21 languages and 12 currencies.

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