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Bingo.com Raises 400k In Capital
Wednesday April 10,2013 : BINGO.COM RAISES $450,000 IN NEW CAPITAL
Private placement brings in the bucks for BVI-registered company
Bingo.com has secured a private placing of one million common shares at $0.45 per share from an undisclosed, non-US private company
"The funds raised in this private placement will be used to finance the marketing launch of Bingo.com's innovative multi-platform social bingo game that has been under development for the past several months," CEO Jason Williams revealed Tuesday.
"Prior to the global launch of our unique bingo game we will perform extensive live market beta testing in select jurisdictions commencing early in the second quarter.
"The period of beta testing will enable us to refine and improve our bingo game before the global launch which is expected early in the third quarter of fiscal 2013. Testing will take place on all platforms supported by the game including phones and tablets operating Apple iOS and Google Android systems as well as online on Facebook."
Bingo.com, Ltd. is the parent company of the Bingo.com group of companies which owns an online gaming community offering multiplayer bingo, slot machines and sweepstakes.
The company operates multi-language and multi-currency internet bingo and casino enterprises as part of the Unibet partner program.
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Gambling News :
Betsoft Gaming In Deal With SuprNation -
Betsoft Gaming’s latest content supply partnership will see its Slots3 collection launched on VoodooDreams.com, SuprNation’s primarily Swedish and Nordic focused online gaming operation.
Ladbrokes New SPonsor of The Hennessy Gold Cup -
The longest sponsorship deal in the history of British horse racing has come to an end with Ladbrokes becoming the new sponsor of the race formerly known as The Hennessy Gold Cup for the next five years, Racing Post reports.
Ladbrokes Appoints Annemarie Durbin -
Durbin, a qualified lawyer with over two decades of international banking experience, will also take up membership of the Audit, Remuneration, Social Responsibility and Nomination Committees with effect from March 1, 2017.
Olympus Slot Pays $210k Jackpot to USA Player -
“I love slots, been playing a long time. I go to Vegas once a year. In between I play online. It’s so convenient. I play mostly Hold the Riches, Pyramid Plunder, Dollar Storm or Olympus. I’ve also started playing keno more.”
Divine Fortune SLot Launches -
NetEnt has launched a new local jackpot title “Divine Fortune”, a five-reel, 3-row, twenty-fixed line video slot themed on ancient Greece and a world of mythical creatures, legendary riches, and golden coins.
2 Huge Wins at Bovada Casino -
Paul D. from Boston, MA, scored really big, earning $808,529.80 playing the Food Fight progressive jackpot slot on the Bovada online casino on a wager of $11.25. Unfortunately Bovada's press release does not give any further details.
China Internet Clean Up Campaigns -
The advisory revealed that the current drive will run through to the end of March 2018, and that online gambling and other inappropriate or unacceptable content must be blocked because:
AOPA to campaign for poker to be left alone -
The threat that amendments to the federal Australian Interactive Gaming Act aimed at stopping in-play action could spill over into an online poker ban has motivated Aussie players to form an action group in support of the game.
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