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Bingo.com revenue falls in first quarter

6th May 2014 7:55 am GMT

Online bingo operator Bingo.com has reported a net loss of $352,692 for the first quarter of 2014 as total revenue fell by 7 per cent compared to the same period last year.

Revenue was down 7 per cent to $548,471, which the company attributed to a large marketing campaign in new markets in the prior year period that resulted in a short term increase in players and revenue without showing a long term benefit due [...]

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