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BINGO.COM ON THE UPTURN?

Monday  November 14, 2011 :  Unibet partner program a good bet
 
The tide appears to be turning for Bingo.com, who joined the Unibet International Limited Partner Program last year, as the company announced a 327 percent increase in total revenue in its third quarter 2011 results compared to the same period last year.

A changing of the guard took place with the promotion of Jason Williams to president and chief executive officer replacing his father Tarnie Williams who continues as chairman of the company and an extensive company restructure completed in June 2011.
 
Key performance indicators for the third quarter period ending September 30, 2011 include:
 
-     Second consecutive profitable quarter;
 
-     Net income of $15 158 reflecting a 78 percent increase (Q2/201: $8 520);
 
-     An increase of 15 percent in total revenue amounting to $416 732 compared to quarter two 2011 (Q2/2011: $363 492) and an increase of 327 percent over the same period last year (Q3/2010: $97509);
 
-     Gaming revenue was $398 803, an increase of 13 percent compared to revenue of $352 413 in the second quarter of 2011, and an increase of 382 percent compared to $82745 in the third quarter of 2010.
 
"Bingo.com has increased revenue and profits in the third quarter of 2011", said Jason Williams, chief executive officer, Bingo.com.
 
"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 percent 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."



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MPN Poker Tour Bratislava Results - Alex Hendriks Wins Inaugural MPN Poker Tour Bratislava Main Event and €27,000

MPN Poker Tour Bratislava | Day 2 - It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.

MPN Poker Tour Bratislava Day 1B - Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today

MPN Poker Tour Bratislava Day 1A - The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.

Famous professional eSports player that turned into poker - It goes without saying that nowadays eSports is one of the fastest growing industries. However, similar to regular sports, the professional gamers are struggling to find themselves after their career is over.

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