Bingo Site Cozies Up to New Software Provider - 01-18-10

January 18 - Bingo.com, one of the world's leading online bingo brands, has announced that it has selected Cozy Games as its new core software platform.

The change comes as Bingo.com strives to return to profitability after leaving the US online bingo market in 2006.

Bingo.com was the top online bingo provider in the United States and after the UIGEA, the site quit the market and entered the UK bingo scene with the intention of registering as many players as possible.

Today, Bingo.com has registered over 600,000 non-North American players due to a generous bonus structure, and despite a competitive market and a challenging economic climate.

"The time has come to concentrate not solely on growth, but on a return to the profitability we enjoyed previously," said the Chief Executive Officer of Bingo.com., Tarnie Williams. "We believe this can be achieved, but will result in lower revenues going forward as we tighten the gaming incentives we provided to new players."

"Over the past several months we have spent considerable resources in preparing the switch of gaming platforms," continued Williams. "We have modified our staffing to realize both cost savings and a better alignment to focus on this phase of our strategic plan. We have secured new servers in Malta where we recently received our Class 1 and Class 3 licenses enabling us to legally provide and market online internet gaming throughout the UK."

The new gaming platform will add 30 new slot games to the site and will provide a multi language, multi currency option to all players.

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