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Bingo.com raises funds for social bingo launch

9th April 2013 9:05 am GMT

Online bingo operator Bingo.com has raised $450,000 by way of an additional private placement which will be used to finance the marketing launch of its new multi-platform social bingo game.

Bingo.com announced plans earlier this year to enter the social free-to-play bingo market with the expected beta launch of an “innovative” multi-platform game during Q2 of this year.

In a statement Monday, the company confirmed that it has closed an additional private placement of 1m common shares [...]

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