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World Bingo League Begins Trading Common Stock

World Bingo League Co., Inc., the just-born online bingo software developer announced that it has begun trading of its common stock. The company also announced that its website, previously under construction, is now available. Additionally, late last month, World Bingo League completed a $250,000 private placement.

Already this year, World Bingo League plans to market its not-yet-developed bingo solutions. World Bingo League plans to release proprietary online bingo internet software solutions, which will include real-time play, via a live web-cast, and allow for hefty progressive jackpots.

The online bingo industry is expected to grow in the coming year, with a percentage of land-based bingo players predicted to change over to online bingo. By some accounts, more than $500 million dollars will be wagered in online bingo halls by the end of the year. This could mean significant growth for the young company.


Source: Dot-Bingo News Writer

Monday, 14 March 2005

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