YouGotBingo Network Withdrawal

Interactive Playnet withdraws the Yougotbingo Network from the USA market with immediate affect.

In November 2009 Interactive Playnet ceased operating its online bingo service. The company announced the closure of the Yougotbingo network by agreeing to the purchase of the bingo software solution to an established gaming software provider based in Stockholm, Sweden.

Interactive Playnet had a heavy dependency upon USA players. The new owners wished to discontinue accepting deposits from American players with immediate affect. Its withdrawal from the American market meant the closure of the Yougotbingo network was sudden, but unavoidable.

The closure caused understandable disruption and perplexity amongst the Yougotbingo playing community. However, in the last two weeks ALL player balances have been successfully transferred to an operator with 11 years experience in processing the American market, www.Bingoentertainment.com.

Bingo Entertainment, based in Cyprus, is now the leading online bingo provider in accepting bingo players from all jurisdictions. They have a long history of taking care of their playing community and have built a successful business model around a slowly but surely philosophy. They provide fair gaming to all players from all countries, operating sites such as www.Bingogala.com and www.Bingoplex.com, which is part of the Plex Gaming Group, www.Plexgaming.com.

Simon Hammon, Product and Operations Director, Interactive Playnet; “The American market is currently unpredictable and turbulent in nature. With the added complicated legal issues surrounding this area of online gaming, it is unfortunate, but wholly understandable, that the new software operators do not wish to continue accepting American depositors.

The new software owners are well respected internationally. They have built a reputation upon delivering high quality software gaming solutions to a predominantly European based market. In light of this, we are grateful to Bingo Entertainment for stepping in and welcoming all IPN player accounts to their networks.”

In only 3 years, Interactive Playnet gained a significant share of USA bingo traffic. This was fundamentally down to the gaming experience provided by the Yougotbingo network. Players enjoyed generous pots, fair deposit bonuses and competitive wagering requirements. The pioneering bingo platform developed by the company is regarded as an industry success story.

Lars Gundersen, CTO, Interactive Playnet; “We have thoroughly enjoyed our experience in the industry and have enjoyed providing an unrivalled gaming platform to our playing community. We are sad to say goodbye to our loyal roomies and staff, but felt the necessity to exit the USA market at this time.

We would like to wish the new owners the very best as they are committed to building upon the established popularity of the games and taking the software in a very different market direction. We extend our many thanks and warm wishes to all staff and associates with the project.”

For more information please read our Directors Press Release.