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Bingo.com revenue falls 15% in third quarter

14th November 2014 8:28 am GMT

Online bingo operator Bingo.com has recorded a net loss of $458,910 for the third quarter of 2014 after total revenue fell by 15 per cent compared to the same period last year.

Revenue amounted to $385,601 during the period, down 11 per cent versus the previous quarter, with the company attributing the revenue drop to a decline in players.

Operating costs rose 32 per cent to $660,265 due to an increase in development expenses related to the [...]

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