January 28th, 2012
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(BNGOF.OB) Bingo.com, Ltd. announced its unaudited financial results for the third quarter ended September 30, 2011
We continue to build on the success of our restructuring program and marketing efforts.
(PublicWire.com News Release) Bingo.com, Ltd., (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, 2011. All amounts are presented in United States Dollars and in accordance with United States Generally Accepted Accounting Principles.
(BNGOF.OB) Bingo.com, Ltd. announced its unaudited financial results for the third quarter ended September 30, 2011
“Bingo.com has increased revenue and profits in the third quarter of 2011″, said Jason Williams, Bingo.com’s CEO. “We continue to build on the success of our restructuring program and marketing efforts. Despite the challenging summer months and a significant negative effect from currency fluctuations due to the strengthening of the United States Dollar, our reporting currency, Bingo.com has performed well. The benefits of Bingo.com’s participation in the Unibet partner program are now being realized with gaming revenues increasing by 382% when compared with the same quarter in 2010. Leveraging the multi-language and multi-currency features of the Unibet platform, Bingo.com’s European expansion is proving successful with several markets now contributing significant portions of our revenue. Player acquisitions and gaming activity on Bingo.com remain high and we hope to continue our success with further marketing investments in the fourth quarter.”
About Bingo.com, Ltd. (OTCBB:BNGOF)
– Second consecutive profitable quarter; — Net income for the three months ended September 30, 2011 was $15,158, a 78% increase compared to a net income of $8,520 in the second quarter of 2011; and — Revenue of $416,732, an increase of 15% from revenue of $363,492 in the second quarter of 2011.
Bingo.com, Ltd. Trading Symbols
Bingo.com, Ltd. trades Over The Counter As BNGOF (OTCBB:BNGOF, BNGOF.OB, BNGOF.OTCBB, BNGOF, BNGOF.OTCQB)
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OTCBB:BNGOF, BNGOF.OB, BNGOF.OTCBB, BNGOF, BNGOF.OTCQB
The symbols “OTCBB:BNGOF, BNGOF.OB, BNGOF.OTCBB, BNGOF, BNGOF.OTCQB” reflect the variety of methods Bingo.com, Ltd. lists their stock as, and were valid at the time of original publication of this press release.
