Launches its Cash Games
British West Indies - Bingo.com, Ltd., operator
of the Internet's pre-eminent bingo portal, is pleased
to announce that it has launched cash-based gaming on
its website, www.bingo.com.
previously announced, the new cash gaming software has
been provided under licence by Chartwell Technology Inc.
The new games offer Bingo.com's players the experience
of flash based 75 and 90 ball bingo games, complete with
chat features and the opportunity to play a full suite
of soft games which are offered as side games or intermission
the launch of our cash games, Bingo.com
has entered into a new phase of its development as a business,"
commented Tarrnie Williams, the Company's CEO. "Bingo
is one of the World's most played games and we are looking
forward to translating the scope of that popularity to
the online World."
still in its infancy, online bingo has already attracted
more than five million players with a demographic profile
that differs significantly from that of online casino
and poker players.
is one of the world's largest online bingo destinations,
with a player base of over one million registered players.
Through its player acquisition strategy and unique brand
identity Bingo.com attracts over 30,000 visitors each
day, averages over 800 new player signups per day and
has served up over four billion Bingo cards to date on
a play for fun basis.
business: SA casino giant doubtful on Singapore prospective,
stakes on Africa
reported by gamblinggates.com
Africa - South African casino and hotel operator Peermont
Global is going to expand its gambling business into African
market to keep profits rising. The country's second-largest
hotel and gambling company is planning to open its resorts
in Mozambique, Angola and Uganda.
believe Africa has tremendous potential," he said
in an interview. "Obviously you have to take the
bad with the good but our initial experience looking at
Mozambique and Angola has been positive. We are also looking
at something in Uganda," told Reuters Chief Executive
company is expecting to strike a deal next month and at
least another one by the end of December. All projects
abroad should be developed jointly with a local partner.
The gambling provider believes, the new contracts will
boost the net earnings this year. Experts predict their
fully diluted headline earnings per share will be of 60
cents in 2005 compared to 49.7 cents in 2004.
entire investment portfolio for developing new properties
this year will be of about 175 million rand ($US 26,4
million). This includes the company's bid for building
two grand casinos in Singapore. However, Joubert estimates
their chances as very low taking into account the strong
position of the largest gambling companies they compete
with: Harrah's Entertainment, MGM Mirage and Las Vegas
our chances are low ... we are still part of a big crowd
running against some very big companies and the process
favors the big ones," he said.
failing to get the Singaporean deal, the company will
go ahead its African focus concentrating on cities and
main towns. The further prospective also envisages running
safari lodges with the help of getting a stake in a company
with expertise in this area.