Private placement of Bingo.com shares have closed at $0.40 per share increasing its net profit to $500,000.
The profits will go toward the continued growth of Bingo.com's social bingo product Trophy Bingo.
"Trophy Bingo is a patent- pending social bingo product that is currently available worldwide on Android devices and will be coming to iOS and desktop platforms soon. While on-going modifications to the game continue, performance metrics thus far have outperformed our expectations and we remain confident in the game's long-term potential," said Jason Williams, chief executive officer.
The profits will go toward the continued growth of Bingo.com's social bingo product Trophy Bingo.
"Trophy Bingo is a patent- pending social bingo product that is currently available worldwide on Android devices and will be coming to iOS and desktop platforms soon. While on-going modifications to the game continue, performance metrics thus far have outperformed our expectations and we remain confident in the game's long-term potential," said Jason Williams, chief executive officer.
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