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Bingo.com posts $250k loss in third quarter 2010

Posted by Robert Alexander on 11 November 2010
ANGUILLA, WEST INDIES - Bingo.com is undergoing radical changes to try and improve its bingo offering and again posted a net loss of $245,000 as the company builds its partnership with Unibet, who recently took over the running of the site.

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Bingo.com buys its own domain name

Posted by Debbie Archer on 3 September 2010
TORONTO - Bingo.com has announced that it has bought its own domain name for a total payment of $900,000 in shares. Confused about how a public company can operate without actually owning what appears to be its primary asset? Then join the party. It turns out Bingo.com, which is listed on the Toronto Stock Exchange, [...]

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Unibet buys 25.9% of Bingo.com

Posted by Debbie Archer on 5 May 2010
Swedish gambling giant Unibet has bought a 25.9% stake in Bingo.com for $2.25 million. The deal values Bingo.com at just under $10 million. The purchase follows the decision in March to join Unibet’s bingo network, shortly after Bingo.com had announced it was switching software providers from Parlay Entertainment to Cozy Games. Tarrnie Williams, chief executive [...]

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Revenue and Loss up at Bingo.com

Posted by Robert Alexander on 24 March 2010
The popular online bingo site Bingo.com has announced that in 2009 it achieved higher gaming revenue compared to 2008 figures but, despite the increase in takings, Bingo.com made a bigger loss after tax than in the previous year.

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Bingo.com has moved to Cozy Games

Posted by Lisa Tudge on 20 January 2010
Bingo.com has had a bit of a change around and have moved from Chartwell to Cozy Games software, although in essence not much has changed with new players still getting £15 totally free for signing up. One addition though is that they have put the second deposit bonus up from 101% to 250%. Bingo.com was once aimed at the US Bingo market but is now aimed at Europe.

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Bingo Site of the Year 2009 announced

Posted by Debbie Archer on 6 January 2010

Bingo.com slumps to yet another loss

Posted by Debbie Archer on 12 November 2009
The extraordinary saga of Bingo.com continues with the company announcing another huge loss, despite owning the best online bingo domain in the world. Between July and September 2009 Bingo.com lost $390,432 and total revenue fell 8% on a year-on-year basis and 5% on a quarter-on-quarter basis. Chief executive Tarrnie Williams said that players were becoming [...]

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Second quarter challenges Bingo.com

Posted by Debbie Archer on 14 August 2009
Bingo.com said that it had experienced a “challenging” second quarter of the year with losses rising 9 per cent to $266,702 between April 1 and June 30, 2009. Chief executive Tarrnie Williams said the highly competitive UK market and ongoing development and licencing costs had contributed to the increased losses: “The second quarter of 2009 [...]

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Bingo.com appears to target children

Posted by Debbie Archer on 13 August 2009
Bingo.com may be risking its Maltese licence by putting content on its site promoting bingo to children. In an article posted on the Bingo.com website, titled “Bingo at school!”, the website says: “Bingo strengthens their memory, helps them [children] focus, and allows them to learn how to work and cooperate together. If they create their [...]

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£100,000 in Guaranteed August Jackpots At Bingo.com

Posted by Lisa Tudge on 3 August 2009
All August long, Bingo.com is hosting two daily £1,000.00 jackpot hours, in both Diamond Daubers and in their new 90 ball VIP room, Bingo Sunshine. Diamond Daubers will be hosting ten £100.00 jackpots between 7pm - 8pm GMT every night, and Bingo Sunshine will be doing the same between 10pm and 11pm GMT every night!

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Bingo.com still losing money

Posted by Debbie Archer on 18 May 2009
Bingo.com continues to lose money but are very pleased with their progress, according to their first quarter results. Bingo.com lost $243,974 in the first quarter of 2009, 37 per cent less than the $390,282 they lost in the fourth quarter of 2008. Chief executive Tarrnie Williams described it as a “very pleasing first quarter”. First [...]

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Bingo.com raises more funds

Posted by Debbie Archer on 6 May 2009
Bingo.com has announced that it has raised another $225,000 through a private placement of 1.5 million shares at 15 cents per share. One million shares have been bought by Praetorian Offshore Ltd, who now own 18.95% of Bingo.com while the remaining 500,000 shares were bought by a private investor whose name was not revealed by [...]

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£30,000 In Guaranteed Jackpots At Bingo.com

Posted by Lisa Tudge on 2 April 2009
All April long, Bingo.com is hosting a £1,000.00 jackpot hour between 10pm and 11pm GMT every single night in their new Bingo Bunnies room, right after our 10pm £250 daily jackpot!

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Bingo.com finally gets Malta licence

Posted by Debbie Archer on 23 March 2009
Bingo.com has finally received a Maltese gaming licence and will now be able to advertise their online bingo site in the UK. Under UK laws only companies operating from a ‘white listed’ territory – anywhere in the UK or Gibraltar, Alderney, Isle of Man or Antigua – can advertise an online gambling website within the [...]

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150% Deposit Bonus Weekend Special At Bingo.com

Posted by Lisa Tudge on 20 February 2009
All Weekend long from February 20th - 22nd, all players at Bingo.com will receive a special 150% bonus on every deposit.

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Online bingo sites that take UKash

Posted by Debbie Archer on 17 February 2009
Ukash have announced that they now have 44 sites that take UKash payments which means that online bingo players can deposit cash straight into their online bingo accounts. UKash take cash payments at over 275,000 outlets worldwide and players can then state where they would like their money to be uploaded to fund their online [...]

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Bingo.com raises $525,000 extra cash

Posted by Debbie Archer on 10 February 2009
Bingo.com has raised an extra $525,000 to help pay for its UK expansion. 3.5 million common shares were issues at 15 cents each; Bingo.com said the shares had been placed with non US residents. The funding comes shortly after Bingo.com announced they had lost almost $100,000 per month during 2008. Chief executive Tarnie Williams said: [...]

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Puppy Paws Slots Tourney At Bingo.com

Posted by Lisa Tudge on 9 February 2009
Bingo.com are giving away £500.00 cash to the player with the most spins, and £500.00 cash to the player with the most funds played, and another £500.00 in chat games. And you don't have to be a big spinner to win - if you make just one single spin in Puppy Paws any time during the three-day period, you could be one of their 10 randomly selected £50.00 winners! See you in Puppy Paws!

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Bingo.com still losing money

Posted by Debbie Archer on 6 February 2009
Bingo.com has announced that it is still losing substantial amounts of money every month, despite having the best online bingo domain name in the world. Fourth quarter results published today showed that in 2008 Bingo.com lost $1,164,801 in 2008, or just under $100,000 per month. That loss was a 19% improvement on 2007, when Bingo.com [...]

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Latest Promotions At Bingo.com

Posted by Lisa Tudge on 5 February 2009
Starting February 4th and for the entire month of February, all players at Bingo.com are invited to pick up a St. Valentine's Day bonus of £4.00 to spend on bingo or slots! No deposit is necessary to claim your Valentine bonus. All you have to do to receive your bonus is submit the coupon code, "valentine", into the Redeem Coupon section, and you can start enjoying some bingo.

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New Lovers Lane Bingo Room At Bingo.com

Posted by Lisa Tudge on 29 January 2009
Bingo.com's new Valentine's Day-themed bingo room is yearning for winners! Starting January 29th and all February long, bring your friends or lovers to their most romantic bingo room yet, and you might win Bingo.com's famous £10,000.00

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Bingo.com on next step to Malta licence

Posted by Debbie Archer on 23 January 2009
Bingo.com has received a letter on intent from the Malta Lotteries and Gaming Authority which allows it to set up an online betting site on the Mediterranean island. Bingo.com Operations Ltd, a subsidiary of Bingo.com, will start operating “in the next few weeks” the company said. The licence will allow Bingo.com to legally advertise in [...]

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Top Google bingo keyword search terms

Posted by Debbie Archer on 18 January 2009
Now that Google has started taking advertising from online bingo companies, we thought at Bingo News we would look at which bingo keyword search terms Google say has the most traffic. We will endeavour to keep an up-to-date monthly tally of the top search terms and the estimated number of searches on Google for each [...]

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Bingo Site of the Year announced

Posted by Debbie Archer on 3 January 2009
The votes for Which Bingo’s Site of the Year award have been announced and the winner is Jackpot Joy. In a very close vote they just edged out Platinum Play Bingo and Crown Bingo. In the new site of the year award Bingo Playground took top spot, followed by Tombola Bingo and Wink Bingo. The [...]

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Bingo.com Christmas Promotions

Posted by Mike on 28 November 2008
Bingo.com will feature a new holiday-themed Christmas Club theme room. Plus, there will be a £20,000 Christmas Jackpot in addition to 4 £1,000+ Friday Jackpot Games! They have also just launched a new slots game at Bingo.com: Puppy Paws. Not only does this incorporate the dog-theme that has proven to be popular with their players, [...]

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Bingo.com results

Posted by Debbie Archer on 15 November 2008
Bingo.com made a loss of $268,774 (£180,944) in the three months to the end of September, taking their total losses for the last six months to more than half a million dollars. Bingo.com is in the process of rolling out sites across Europe and have recently launched a Spanish site, es.bingo.com. Revenues for the third [...]

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