Press Releases 2015 Sells URL and Online Gambling Business to Unibet Group plc


ANGUILLA, B.W.I., December 31, 2014 /, Ltd. (OTCQB: BNGOF) (“the Company”), owner of Trophy Bingo, an innovative, non-gambling, social bingo product, and the online gambling community, today announced it has sold its URL and its online gambling community to Unibet Group plc (“Unibet”) for total consideration of $8,000,000 effective December 31, 2014.  The Company will now be able to focus solely on its social bingo game, Trophy Bingo.

The Company is receiving cash consideration of $2,000,000 and redemption of the 15,000,000 common shares of the Company, which are held by Unibet, at a price of $0.40 per share.  The 15,000,000 common shares held by Unibet have been returned to the Company’s treasury for cancellation.  Accordingly, the Company’s issued common share capital has decreased by 21.22%, from 70,682,703 to 55,682,703 common shares.

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