On the heels of releasing its first play-for-cash bingo games, Bingo.com has purchased two new online cash bingo sites. Bingo.com completed an asset purchase of International Learning Systems Ltd’s winabingo.com and groovybingo.com.
The price of the two sites will be determined by the number of active players in the database and the revenues generated over the next year. All active players will immediately be eligible to play on the bingo.com site with their same login information.
Bingo.com’s CEO Tarrnie Williams said that the acquisition is part of Bingo.com’s efforts to increase the player database for Bingo.com’s new play-for-cash online bingo.
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