October 4, 2005
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.
“The acquisition of Yankee Bingo is another important step in Bingo.com’s development as a online cash bingo business”, commented Tarrnie Williams, the Company’s CEO. “Bingo.com is completely focused on growing our active database of cash players through all available means including marketing and cash bingo website acquisition”.
For more information contact:
- Henry Bromley
- (264) 461-2646