World Bingo League goes public

March 17, 2005

Common stock in Nevada based World Bingo League became available this week as the company announced commencement of trading and launched an information website at World Bingo League.com.

WBL is a software provider for the bingo, gaming and entertainment ventures. In addition to publishing business software for companies in the mass media and brick-and-mortar bingo business, the company plans to develop proprietary online bingo software systems for use on the Internet including a live web-cast of real-time game play and significant progressive jackpots generated by multiple WBL's operator Licensees

Bingo is the largest and most socially accepted method of gambling throughout the world, says WBL. It is projected that 1 percent of all land based bingo hall players will convert to online bingo by the end of 2005, with over 500 million dollars wagered on Internet Bingo by the end of 2005.

The WBL announcement does not source that information, however.

InfoPowa News