$1 Million Capital Raised by Bit Rhymes


Support arrives from angel investors

It appears that San Francisco-based BitRhymes, which went live with its Facebook social game Bingo Bash some months ago, has big business ambitions.

Namely, the company strives to expand its offering to casino style games, in which it has support of some big angel investors, such as IGN founder Mark Jung, World Golf Tour chief executive Yu Chiang, former general counsel of Apple and Oracle Dan Cooperman and Doug Bergeron, the chief executive of VeriFone.

So far, it has raised $1million capital, with which it hopes to localize its product for different markets and introduce 10 language versions, as well as focus on its mobile versions of the game after the release of Bingo Bash HD for the iPad. Another one of its hopes includes the relaxation of restrictive gambling regulations in the US, so that it can cash in on this lucrative market, as well.

According to BitRhymes spokesmen, players who use its Bingo Bash on both iOS and Facebook generate three times the revenue of users on a single platform.

Bingo Games General Bingo News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

2mins ago someone from United States read article iGaming North America Conference Partners with NASPL

Bingo Community

Share this page on:
Follow LBB on:
Follow LBB

Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.

Room Of The Month

Room of the Month

In the last 24h

Totals

  • New Members
    22
  • Members Online
    364
  • Guests
    1,747
Highest Community Rated Online Bingo Sites
Cyber Bingo
  (78 Ratings)
bet365 Bingo
  (79 Ratings)
William Hill Bingo
  (56 Ratings)
Gala Bingo
  (57 Ratings)
Ruby Bingo
  (52 Ratings)
Paddy Power Bingo
  (54 Ratings)
Boyle Bingo
  (56 Ratings)
Hats Off Bingo
  (47 Ratings)
Chit Chat Bingo
  (33 Ratings)
Ladbrokes Bingo
  (54 Ratings)
Jackpot City Bingo
  (45 Ratings)
City Bingo
  (47 Ratings)
Bingo Cams
  (53 Ratings)
Costa Bingo
  (45 Ratings)
New Bingo Billy
  (84 Ratings)
Jackpotjoy
  (36 Ratings)
All Stars Bingo
  (23 Ratings)
Wintingo
  (37 Ratings)
Bingo Street
  (44 Ratings)
Foxy Bingo
  (29 Ratings)
Virgin Bingo
  (29 Ratings)
Sparkling Bingo
  (30 Ratings)
Bingo Hollywood
  (49 Ratings)
Fabulous Bingo
  (44 Ratings)


Follow LBB on Facebook Follow LBB on Twitter Follow LBB on Pinterest Follow LBB on Google plus