UNITED
    STATES
    SECURITIES AND EXCHANGE COMMISSIONWashington, DC 20549

FORM
  10-Q

(Mark
  one)

[
  X ]     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
	EXCHANGE ACT OF 1934

For the quarterly period
	ended June 30, 2010

[   
	]      [    ]    
	TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE EXCHANGE ACT
                         
  For the transition period from _____________ to ____________

Commission
    File Number: 333-120120-01

BINGO.COM, LTD.

(Exact
  name of small business issuer as specified in its charter)



|ANGUILLA                                                             |  | 98-0206369                                
|-------------------------------------------------------------------- |  | ------------------------------------------
|(State
      or other jurisdiction of incorporation or organization) |  | (I.R.S.
      Employer Identification No.)



National Bank of Anguilla Corporate Building, 1St
  Floor

St Mary's Road, TV1 02P

The
    Valley, Anguilla, B.W.I

(Address
  of principal executive offices)



(264)
    461-2646

(Issuer's
  telephone number)



|Indicate by check mark
		whether the registrant (1) has filed all reports required to be filed by
		Sections 13 or 15(d) of the Exchange Act during the past 12 months (or
		for such shorter period that the registrant was required to file such
		reports), and (2) has been subject to such filing requirements for the
		past 90 days.
		Yes
        [ X ]      No [  ]                                       
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Indicate by check mark
			whether the registrant is a large accelerated filer, an accelerated
			filer, a non-accelerated filer, or a smaller reporting company.
		Large accelerated filer 
		[ ]                                                   
		Accelerated filer                
		[  ]
		Non-accelerated filer   
		[ ]                                                  
		Smaller reporting company  [X]

|Indicate
        by check mark whether the registrant is a shell company (as defined in
        Rule 12b-2 of the Exchange Act).                                                                         
        Yes [     ]      No
        [ X ]
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|APPLICABLE ONLY TO CORPORATE ISSUERS
			The number of outstanding shares of the Issuer's common stock, no
		par value per share, was
			57,877,703 as
		of August 13, 2010.                                                                        



BINGO.COM,
	LTD.

QUARTERLY
	REPORT ON FORM 10-Q

FOR THE
	PERIOD ENDED JUNE 30, 2010



TABLE OF
	CONTENTS

|                                                          |                      | PAGE
|--------------------------------------------------------- | -------------------- | ----
|PART I - FINANCIAL INFORMATION                            | 2                   
|ITEM 1.                                                   | Financial Statements | 2   
|Consolidated Balance Sheets                               | 2                   
|Consolidated Statements of
          Operations           | 3                   
|Consolidated Statements of Stockholders'
          Equity | 4                   
|Consolidated Statements of Cash Flows                     | 5                   
|Notes to the
          Consolidated Financial Statements  | 6                   

|ITEM 2                                                                                                                                               | Management's Discussion and Analysis
		of Financial Condition and Results of Operations | 15
|---------------------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------- | --
|ITEM 4T.                                                                                                                                             | Controls and Procedures.                                                                | 20
|PART II - OTHER
          INFORMATION                                                                                                                | 22                                                                                     
|ITEM 1.                                                                                                                                              | Legal Proceedings                                                                       | 22
|ITEM 2.                                                                                                                                              | Unregistered Sales of Equity Securities and Use of Proceeds                             | 22
|ITEM 3.                                                                                                                                              | Defaults Upon Senior Securities                                                         | 22
|ITEM 4.                                                                                                                                              | Submission of Matters to a Vote of
          Security Holders                           | 22
|ITEM 5.                                                                                                                                              | Other Information                                                                       | 22
|ITEM 6.                                                                                                                                              | Exhibits and reports on Form 8-K                                                        | 23
|SIGNATURES                                                                                                                                           | 25                                                                                     
|EXHIBITS                                                                                                                                             | 26                                                                                     
|CERTIFICATIONS                                                                                                                                       | 26                                                                                     
|Certification
          pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906
          of the  Sarbanes-Oxley Act of 2002.         | 28                                                                                     
|Exhibit 10.34 Executive Summary of Comprehensive Valuation Report by
		Evans & Evans Inc. on the Bingo.com, Ltd. 4% Domain Name Purchase
		Payments. | 30                                                                                     

Page 1

# PART I - FINANCIAL INFORMATION

## ITEM
  1.                     
  Financial Statements.

BINGO.COM,
  LTD. and Subsidiaries

Consolidated
	Balance Sheets



|As at                                                                                                                                             |   | June 30, 2010 |  |   | December 31, 2009
|------------------------------------------------------------------------------------------------------------------------------------------------- | - | ------------- |  | - | -----------------
|                                                                                                                                                  |   | (Unaudited)   |  |   | (Audited)        
|Assets                                                                                                                                            |   |               |  |   |                  
|Current assets:                                                                                                                                   |   |               |  |   |                  
|Cash                                                                                                                                              | $ | 2,227,660     |  | $ | 557,251          
|Accounts
			receivable less allowance for doubtful
			accounts
			$769,550  (December 31, 2009 - $774,550)                                        |   | 98,072        |  |   | 43,523           
|Prepaid
			expenses                                                                                                                               |   | 32,755        |  |   | 72,770           
|Total Current
			Assets                                                                                                                           |   | 2,358,487     |  |   | 673,544          
|                                                                                                                                                  |   |               |  |   |                  
|Equipment, net                                                                                                                                    |   | 60,961        |  |   | 190,141          
|                                                                                                                                                  |   |               |  |   |                  
|Other assets                                                                                                                                      |   | 16,948        |  |   | 148,552          
|                                                                                                                                                  |   |               |  |   |                  
|Domain name
			rights and intangible assets                                                                                                       |   | 1,257,241     |  |   | 1,257,241        
|                                                                                                                                                  |   |               |  |   |                  
|Deferred tax
			asset, less valuation allowance of $131,324 (December 31, 2009 -
			$148,023) (Note 7)                                            |   | -             |  |   | -                
|                                                                                                                                                  |   |               |  |   |                  
|Total Assets                                                                                                                                      | $ | 3,693,637     |  | $ | 2,269,478        
|                                                                                                                                                  |   |               |  |   |                  
|Liabilities and
			Stockholders' Equity                                                                                                           |   |               |  |   |                  
|Current
			liabilities:                                                                                                                           |   |               |  |   |                  
|Accounts
			payable                                                                                                                               | $ | 15,152        |  | $ | 89,419           
|Accrued
			liabilities                                                                                                                            |   | 169,632       |  |   | 132,112          
|Accounts
			payable and accrued liabilities - related
			party (Note
			8)                                                                        |   | 32,769        |  |   | 69,318           
|Provision for
			progressive jackpots                                                                                                             |   | -             |  |   | 304,683          
|Players float                                                                                                                                     |   | -             |  |   | 97,813           
|Total Current
			Liabilities                                                                                                                      |   | 217,553       |  |   | 693,345          
|                                                                                                                                                  |   |               |  |   |                  
|Commitments
			(Note 6)                                                                                                                           |   |               |  |   |                  
|Contingent
			liabilities (Notes 10 and 11)                                                                                                       |   |               |  |   |                  
|                                                                                                                                                  |   |               |  |   |                  
|Stockholders'
			equity (Note 5):                                                                                                                 |   |               |  |   |                  
|Common stock,
			no par value, unlimited shares
			authorized,
			57,877,703 shares issued and outstanding
			(December 31,
			2009 - 41,517,703) |   | 17,275,888    |  |   | 14,799,154       
|Subscriptions
			received in advance                                                                                                              |   | -             |  |   | 204,000          
|Accumulated
			deficit                                                                                                                            |   | (13,824,384)  |  |   | (13,451,601)     
|Accumulated
			other comprehensive loss:
			Foreign
			currency translation adjustment                                                            |   | 24,580        |  |   | 24,580           
|Total
			Stockholders' Equity                                                                                                                     |   | 3,476,084     |  |   | 1,576,133        
|                                                                                                                                                  |   |               |  |   |                  
|Total
			Liabilities and Stockholders' Equity                                                                                                     | $ | 3,693,637     |  | $ | 2,269,478        
|                                                                                                                                                  |   |               |  |   |                  

See accompanying notes to consolidated financial statements.

Page
    2

BINGO.COM, LTD.

  and Subsidiaries

Consolidated
  Statements of Operations

For Periods
	Ended June 30, 2010 and 2009

(Unaudited)

|                                                                 |   | Six
			Months ended June 30, 2010 |   | Six
			Months ended June 30, 2009 |   | Three
			Months ended June 30, 2010 |   | Three
			Months ended June 30, 2009
|---------------------------------------------------------------- | - | --------------------------------- | - | --------------------------------- | - | ----------------------------------- | - | -----------------------------------
|                                                                 |   |                                   |   |                                   |   |                                     |   |                                    
|Advertising revenue                                              | $ | 66,027                            | $ | 91,865                            | $ | 20,504                              | $ | 51,967                             
|Gaming revenue                                                   |   | 1,557,697                         |   | 2,744,881                         |   | 348,428                             |   | 1,460,149                          
|Total revenue                                                    |   | 1,623,724                         |   | 2,836,746                         |   | 368,932                             |   | 1,512,116                          
|                                                                 |   |                                   |   |                                   |   |                                     |   |                                    
|Operating expenses:                                              |   |                                   |   |                                   |   |                                     |   |                                    
|Cost of producing revenue                                        |   | 1,167,333                         |   | 1,822,303                         |   | 309,931                             |   | 951,954                            
|Depreciation and amortization                                    |   | 25,762                            |   | 34,017                            |   | 9,686                               |   | 17,316                             
|Directors fees                                                   |   | 4,500                             |   | -                                 |   | 3,000                               |   | -                                  
|General and administrative                                       |   | 223,936                           |   | 270,131                           |   | 87,130                              |   | 157,048                            
|Salaries, wages, consultants
			and benefits                     |   | 536,911                           |   | 497,078                           |   | 274,923                             |   | 257,279                            
|Selling and marketing                                            |   | 347,717                           |   | 789,746                           |   | 33,630                              |   | 455,501                            
|Stock-based compensation                                         |   | 17,074                            |   | 28,307                            |   | 7,768                               |   | 15,057                             
|Total operating expenses                                         |   | 2,323,233                         |   | 3,441,582                         |   | 726,068                             |   | 1,854,155                          
|                                                                 |   |                                   |   |                                   |   |                                     |   |                                    
|Loss before other income (expense) and income
			taxes           |   | (699,509)                         |   | (604,836)                         |   | (357,136)                           |   | (342,039)                          
|                                                                 |   |                                   |   |                                   |   |                                     |   |                                    
|Other income (expense):                                          |   |                                   |   |                                   |   |                                     |   |                                    
|Foreign exchange gains (loss)                                    |   | (484)                             |   | 32,814                            |   | (4,798)                             |   | 44,726                             
|Gain on resolution of debt                                       |   | -                                 |   | 35,039                            |   | -                                   |   | 12,219                             
|Loss on disposal of equipment                                    |   | (11,166)                          |   | -                                 |   | (5,792)                             |   | -                                  
|Interest and other income                                        |   | 1,046                             |   | 1,072                             |   | 836                                 |   | 657                                
|Reversal of progressive
			jackpots provision                    |   | 193,051                           |   | -                                 |   | 193,051                             |   | -                                  
|Profit on the sale of subsidiary                                 |   | 177,832                           |   | -                                 |   | 177,832                             |   | -                                  
|Profit from sale of US players
			and related assets (Note 3)    |   | 5,000                             |   | 27,500                            |   | -                                   |   | 20,000                             
|                                                                 |   |                                   |   |                                   |   |                                     |   |                                    
|(Loss) Profit before income taxes                                |   | (334,230)                         |   | (508,411)                         |   | 3,993                               |   | (264,437)                          
|                                                                 |   |                                   |   |                                   |   |                                     |   |                                    
|Income tax expense                                               |   | 38,553                            |   | 2,265                             |   | 31,970                              |   | 2,265                              
|                                                                 |   |                                   |   |                                   |   |                                     |   |                                    
|Net loss                                                         | $ | (372,783)                         | $ | (510,676)                         | $ | (27,977)                            | $ | (266,702)                          
|                                                                 |   |                                   |   |                                   |   |                                     |   |                                    
|Net loss per
			common share, basic and diluted                  | $ | (0.01)                            | $ | (0.01)                            | $ | (0.00)                              | $ | (0.01)                             
|                                                                 |   |                                   |   |                                   |   |                                     |   |                                    
|Weighted average common shares outstanding, basic
			and diluted |   | 47,458,476                        |   | 39,488,435                        |   | 52,108,472                          |   | 40,785,423                         

See
	accompanying notes to consolidated financial statements.

Page
    3

BINGO.COM,
  LTD.

  and Subsidiaries

Consolidated
  Statements of Stockholders' Equity

For the period
	ended June 30, 2010

(Unaudited)

|                                        | Common stock |                 |                     | Accumulated
			Other Comprehensive loss |                                            |                              
|--------------------------------------- | ------------ | --------------- | ------------------- | --------------------------------------- | ------------------------------------------ | -----------------------------
|                                        | Shares       | Amount          | Subscription shares | Accumulated Deficit                     | Foreign
			currency translation adjustment | Total
			Stockholders' Equity
|Balance, December 31, 2009              | 41,517,703   | $14,799,154     | $204,000            | $(13,451,601)                           | $ 24,580                                   | $1,576,133                   
|                                        |              |                 |                     |                                         |                                            |                              
|Issuance of Subscription
			shares      | 1,360,000    | 204,000         | (204,000)           | -                                       | -                                          | -                            
|                                        |              |                 |                     |                                         |                                            |                              
|Private Placement                       | 15,000,000   | 2,250,000       |                     |                                         |                                            | 2,250,000                    
|                                        |              |                 |                     |                                         |                                            |                              
|Stock-based compensation                | -            | 17,074          | -                   | -                                       | -                                          | 17,074                       
|                                        |              |                 |                     |                                         |                                            |                              
|Issuance of consultant
			stock Options | -            | 5,660           | -                   | -                                       | -                                          | 5,660                        
|                                        |              |                 |                     |                                         |                                            |                              
|Net
			loss                             | -            | -               | -                   | (372,783)                               | -                                          | (372,783)                    
|Balance, June 30, 2010                  | 57,877,703   | $
			17,275,888 | $ -                 | $
			(13,824,384)                       | $ 24,580                                   | $ 3,476,084                  
|                                        |              |                 |                     |                                         |                                            |                              

See
	accompanying notes to consolidated financial statements.

Page
    4

BINGO.COM, LTD.

  and Subsidiaries

Consolidated
  Statements of Cash Flows

Six Months
	Ended June 30, 2010 and 2009

(Unaudited)

|                                                                                  |  |   | 2010      |   | 2009     
|--------------------------------------------------------------------------------- |  | - | --------- | - | ---------
|Cash
			flows from operating activities:                                          |  |   |           |   |          
|Net
			loss                                                                       |  | $ | (372,783) | $ | (510,676)
|Adjustments to reconcile net loss to net cash
			used
			in operating activities: |  |   |           |   |          
|Depreciation and amortization                                                     |  |   | 25,762    |   | 34,017   
|Gain on resolution of debt                                                        |  |   | -         |   | (35,039) 
|Loss on disposal of equipment                                                     |  |   | 11,166    |   | -        
|Stock-based compensation                                                          |  |   | 17,074    |   | 28,307   
|Issuance of consultant stock option                                               |  |   | 5,660     |   | 5,661    
|Reversal of progressive jackpots provision                                        |  |   | (193,051) |   | -        
|Profit on the sale of subsidiary                                                  |  |   | (177,832) |   | -        
|Profit from the sale of US players and related assets                             |  |   | (5,000)   |   | (27,500) 
|Changes in operating assets and liabilities:                                      |  |   |           |   |          
|Accounts receivable                                                               |  |   | (76,750)  |   | (40,551) 
|Prepaid expenses                                                                  |  |   | 2,155     |   | 28,374   
|Other assets                                                                      |  |   | 27,382    |   | (27,873) 
|Accounts payable and accrued liabilities                                          |  |   | 10,000    |   | 67,975   
|Provision for progressive jackpots                                                |  |   | 5,522     |   | 85,132   
|Players float                                                                     |  |   | (97,813)  |   | 43,364   
|Net
			cash used in operating activities                                          |  |   | (818,508) |   | (348,809)
|                                                                                  |  |   |           |   |          
|Cash
			flows from investing activities:                                          |  |   |           |   |          
|Acquisition of equipment                                                          |  |   | (2,602)   |   | (12,444) 
|Proceeds from sale of US players and related assets                               |  |   | 5,000     |   | 27,500   
|Proceeds on disposal of equipment                                                 |  |   | 478       |   | -        
|Proceeds on the sale of subsidiary, net of cash sold                              |  |   | 236,041   |   | -        
|Net
			cash provided by investing activities                                      |  |   | 238,917   |   | 15,056   
|                                                                                  |  |   |           |   |          
|Cash
			flows from financing activities:                                          |  |   |           |   |          
|Exercise of stock options                                                         |  |   | -         |   | 20,500   
|Private placement                                                                 |  |   | 2,250,000 |   | 750,000  
|Net
			cash provided by financing activities                                      |  |   | 2,250,000 |   | 770,500  
|                                                                                  |  |   |           |   |          
|Change
			in cash                                                                 |  |   | 1,670,409 |   | 436,747  
|                                                                                  |  |   |           |   |          
|Cash,
			beginning of period                                                      |  |   | 557,251   |   | 412,002  
|Cash,
			end of period                                                            |  | $ | 2,227,660 | $ | 848,749  
|                                                                                  |  |   |           |   |          
|Supplementary information:                                                        |  |   |           |   |          
|Interest paid                                                                     |  | $ | -         | $ | -        
|Income taxes paid                                                                 |  | $ | 82        | $ | 2,625    
|                                                                                  |  |   |           |   |          
|Non-cash financing activity                                                       |  | $ | -         | $ | -        
|Non-cash investing activity                                                       |  | $ | -         | $ | -        

See accompanying notes to consolidated financial statements.

Page
    5

BINGO.COM,
LTD.and Subsidiaries

Notes to Consolidated Financial Statements

Six months ended June
	30, 2010 and 2009

(Unaudited)



1.         Basis of Presentation:

The accompanying unaudited financial
	statements have been prepared by the Company in conformity with accounting
	principles generally accepted in the United States of America applicable to
	interim financial information and with the rules and regulations of the
	United States Securities and Exchange Commission.  Accordingly, certain
	information and footnote disclosures normally included in financial
	statements prepared in accordance with generally accepted accounting
	principles have been condensed, or omitted, pursuant to such rules and
	regulations.  In the opinion of management, the unaudited interim financial
	statements include all adjustments necessary for the fair presentation of
	the results of the interim periods presented.  All adjustments are of a
	normal recurring nature, except as otherwise noted below.  These financial
	statements should be read in conjunction with Bingo.com, Ltd.'s (the
	"Company") audited consolidated financial statements and notes thereto for
	the year ended December 31, 2009, included in the Company's Annual Report on
	Form 10-K, filed March 31, 2010, with the Securities and Exchange
	Commission.  The results of operations for the interim periods are not
	necessarily indicative of the results of operations for any other interim
	period or for a full fiscal year.

Continuing operations

These
	consolidated financial statements have been prepared on the going concern
	basis, which presumes the realization of assets and the settlement of
	liabilities in the normal course of operations.  The application of the
	going concern basis is dependent upon the Company achieving profitable
	operations to generate sufficient cash flows to fund continued operations,
	or, in the absence of adequate cash flows from operations, obtaining
	additional financing.  The Company has reported losses from operations for
	the quarter ended June 30, 2010 and 2009, and has an accumulated deficit of
	$13,824,384 as at June 30, 2010.

In view of the
	matters described in the preceding paragraph, recoverability of a major
	portion of the recorded asset amounts and settlement of the liability
	amounts shown in the accompanying balance sheets is dependent upon continued
	operations of the Company, which in turn is dependent upon the Company's
	ability to succeed in its future operations. The financial statements do not
	include any adjustments relating to the recoverability and classification of
	recorded asset amounts or amounts and classification of liabilities that
	might be necessary should the Company be unable to continue in existence.

Management
	continues to review operations in order to identify additional strategies
	designed to generate cash flow, improve the Company's financial position,
	and enable the timely discharge of the Company's obligations.  If management
	is unable to identify sources of additional cash flow in the short term, it
	may be required to further reduce or limit operations.

Page 6

BINGO.COM,
LTD.and Subsidiaries

Notes to Consolidated Financial Statements

Six months ended June
	30, 2010 and 2009

(Unaudited)



2.         Summary of significant accounting policies:

(a)
	  
	Basis of
	presentation:

These
	consolidated financial statements have been prepared in accordance with
	accounting principles generally accepted in the United States of America.
	The financial statements include the accounts of the Company's wholly-owned
	subsidiaries, English Bay Office
	Management Limited (registered in British Columbia, Canada), Bingo.com N.V.
	(registered in Curacao, Netherlands Antilles), Coral Reef Marketing Inc.
	(registered in Anguilla), Bingo.com (Antigua) Inc., Bingo.com (Wyoming)
	Inc., Bingo Acquisition Corp, Bingo.com Services Limited (registered in the
	United Kingdom) and the 99% owned subsidiaries, Bingo.com (UK) plc.
	(registered in the United Kingdom) and Bingo.com Operations Limited
	(registered in Malta). Bingo.com Services Limited and Bingo.com Operations
	Limited accounts are included up to the date of sale of these subsidiaries
	(Note 3). All material inter-company balances and transactions have
	been eliminated in the consolidated financial statements.

(b)
	  
	Use of
	estimates:

The
	preparation of consolidated financial statements in conformity with
	generally accepted accounting principles of the United States of America,
	requires management to make estimates and assumptions that affect the
	reported amounts of assets and liabilities and the disclosure of contingent
	assets and liabilities at the date of the financial statements and
	recognized revenues and expenses for the reporting periods.

Significant
	areas requiring the use of estimates include the valuation of long-lived
	assets, the collectibility of accounts receivable and the valuation of
	deferred tax assets.  Actual results may differ significantly from these
	estimates.

(c)
	  
	Revenue
	recognition:

Gaming revenues have been recognized on the basis of total dollars wagered,
	including bonus wagered, on all games less all winnings payable to players.

Advertising revenues have been recognized as the advertising campaign or
	impressions and clicks are made on the website and when collection of the
	amounts are reasonably assured. Cash received in advance of the advertising
	campaigns or impressions and clicks are recorded under unearned revenue.

(d)
	  
	Foreign
	currency:

The consolidated financial statements are presented in United States
	dollars, the functional currency of the Company. The Company accounts for
	foreign currency transactions and translation of foreign currency financial
	statements under Statement ASC 830, Foreign Currency Matters. Transaction
	amounts denominated in foreign currencies are translated at exchange rates
	prevailing at the transaction dates. Carrying values of monetary assets and
	liabilities are adjusted at each balance sheet date to reflect the exchange
	rate at that date. Non-monetary assets and liabilities are translated at the
	exchange rate on the original transaction date.

Page 7

BINGO.COM,
LTD.and Subsidiaries

Notes to Consolidated Financial Statements

Six months ended June
	30, 2010 and 2009

(Unaudited)



2.     

	Summary of significant accounting policies (Continued):

(d)  Foreign
	currency: (Continued)

Gains and losses from restatement of foreign currency monetary and
	non-monetary assets and liabilities are included in income. Revenues and
	expenses are translated at the rates of exchange prevailing on the dates
	such items are recognized in earnings.

(e)
	Impairment of long-lived assets and long-lived assets to be disposed of:

The Company
	accounts for long-lived assets in accordance with the provisions of ASC 360,
	Property, Plant and Equipment (previously SFAS No. 144 "Accounting for the
	Impairment or Disposal of Long-Lived Assets") and ASC 350,
	Intangibles-Goodwill and Others (previously SFAS No. 142 "Accounting for
	Goodwill and Other Intangible Assets"). During the years presented, the only
	long-lived assets reported on the Company's consolidated balance sheet are
	equipment, and domain name rights.  These provisions require that long-lived
	assets and certain identifiable recorded intangibles be reviewed for
	impairment whenever events or changes in circumstances indicate that the
	carrying amount of an asset may not be recoverable.  Recoverability of
	assets to be held and used is measured by a comparison of the carrying
	amount of an asset to future net cash flows expected to be generated by the
	asset.

If such assets
	are considered to be impaired, the impairment to be recognized is measured
	by the amount by which the carrying amount of the assets exceeds the fair
	value of the assets.  Assets to be disposed of are reported at the lower of
	the carrying amount and the fair value less costs to sell.

(f) New
	accounting pronouncements:

In September 2009, the FASB issued authoritative guidance regarding
	multiple-deliverable revenue arrangements.  This guidance addresses how to
	separate deliverables and how to measure and allocate consideration to one
	or more units of accounting.  Specifically, the guidance requires that
	consideration be allocated among multiple deliverables based on relative
	selling prices. The guidance establishes a selling price hierarchy of (1)
	vendor-specific objective evidence, (2) third-party evidence and (3)
	estimated selling price.  This guidance is effective for annual periods
	beginning after June 15, 2010 but may be early adopted as of the beginning
	of an annual period.  The Company is currently evaluating the effect that
	this guidance will have on consolidated financial position and results of
	operations.

In January 2010, the FASB issued ASU 2010-06, "Improving Disclosures about
	Fair Value Measurements," which amends ASC 820, "Fair Value Measures and
	Disclosures." ASU 2010-06 requires disclosure of transfers into and out of
	Level 1 and Level 2 fair value measurements, and also requires more detailed
	disclosure about the activity within Level 3 fair value measurements. The
	changes to the ASC as a result of this update are effective for annual and
	interim reporting periods beginning after December 15, 2009 (January 1, 2010
	for the Company), except for requirements related to Level 3 disclosures,
	which are effective for annual and interim reporting periods beginning after
	December 15, 2010 (January 1, 2011 for the Company). This guidance requires
	new disclosures only, and will have no impact on our consolidated financial
	statements.

Page 8

BINGO.COM,
LTD.and Subsidiaries

Notes to Consolidated Financial Statements

Six months ended June
	30, 2010 and 2009

(Unaudited)



2.   Summary of
	significant accounting policies (Continued):

(f)  New
	accounting pronouncements: (Continued)

In February 2010, the FASB issued ASU 2010-09, "Subsequent Events (Topic
	855)." This update provides amendments to Subtopic 855-10-50-4 and related
	guidance within U.S. GAAP to clarify that an SEC registrant is not required
	to disclose the date through which subsequent events have been evaluated.
	This change alleviates potential conflicts between Subtopic 855-10 and the
	SEC's requirements. The Company has adopted this standard and will have no
	impact on our consolidated financial statements.

In July 2010, the FASB issued an Accounting Standards Update No. 2010-20,
	Receivables, Disclosure about the Credit Quality of Financing Receivables
	and Allowances for Credit Losses. The standard requires additional
	disclosure related to the credit quality of financing receivables, troubled
	debt restructurings and significant purchases or sales of financing
	receivables during the period. The standard requires that these disclosures
	and existing disclosures be presented on a disaggregated basis, similar to
	the manner that the entity uses to evaluate its credit losses. Disclosures
	of information as of the end of a reporting period are effective for interim
	and annual periods ending after December 15, 2010 (January 1, 2011 for the
	Company) and disclosures of activity that occurred during a reporting period
	are effective for interim and annual periods beginning after December 15,
	2010. The Company is currently evaluating the impact of the standard on its
	disclosures.

In April 2010,
	the FASB issued ASU 2010-13, Compensation -

 Stock Compensation (Topic 718),
	amending ASC 718. ASU 2010-13 clarifies that a share-based payment award
	with an exercise price denominated in the currency of a market in which the
	entity's equity securities trade should not be classified as a liability if
	it otherwise qualifies as equity.  ASU 2010-13 also improves GAAP by
	improving consistency in financial reporting by eliminating diversity in
	practice.  ASU 2010-13 is effective for interim and annual reporting periods
	beginning after December 15, 2010
	(January 1, 2011 for the Company).  The Company is currently
	evaluating the impact of ASU 2010-09, but does not expect its adoption to
	have a material impact on the Company's financial reporting and disclosures.

(g)  
	Financial instruments:

(i)  Fair
	values:

The fair value
	of cash, accounts receivable, accounts payable, accrued liabilities and
	amounts due to related parties approximate their financial statement
	carrying amounts due to the short-term maturities of these instruments.

In general,
	fair values determined by Level 1 inputs utilize quoted prices (unadjusted)
	in active markets for identical assets. Fair values determined by Level 2
	inputs utilize data points that are observable such as quoted prices,
	interest rates and yield curves. Fair values determined by Level 3 inputs
	are unobservable data points for the asset or liability, and included
	situations where there is little, if any, market activity for the asset. 
	The Company's cash was measured using Level 1 inputs.

Page 9

BINGO.COM,
LTD.and Subsidiaries

Notes to Consolidated Financial Statements

Six months ended June
	30, 2010 and 2009

(Unaudited)



2.   Summary of
	significant accounting policies (Continued):

(g)  
	Financial instruments: (Continued)

(ii)  Foreign
	currency risk:

The Company
	operates internationally, which gives rise to the risk that cash flows may
	be adversely impacted by exchange rate fluctuations.  The Company has not
	entered into any forward exchange contracts or other derivative instrument
	to hedge against foreign exchange risk.

3. Sale of
	subsidiaries:

Effective April 30, 2010, the Company sold Bingo.com Services Limited and
	Bingo.com Operations Limited in an arms length transaction for $250,000. Due
	to the migrating onto the Unibet International Limited white label platform
	and the Company's transition from providing active gaming operations to that
	of a marketing-focused entity, these subsidiaries and the assets contained
	therein no longer served a useful purpose to the Company.

The net assets of Bingo.com Services Limited
	and Bingo.com Operations Limited as at April 30, 2010 were as follows:

|                                                            |   | April 30, 2010
|----------------------------------------------------------- | - | --------------
|                                                            |   | (Unaudited)   
|                                                            |   |               
|Assets                                                      |   |               
|Current assets:                                             |   |               
|Cash                                                        | $ | 13,956        
|Accounts
			receivable less allowance for doubtful accounts |   | 22,204        
|Prepaid
			expenses                                         |   | 37,860        
|Total Current
			Assets                                     |   | 74,020        
|                                                            |   |               
|Equipment, net                                              |   | 94,376        
|                                                            |   |               
|Other assets                                                |   | 104,222       
|                                                            |   |               
|Total Assets                                                | $ | 272,618       
|                                                            |   |               
|Liabilities                                                 |   |               
|Current
			liabilities:                                     |   |               
|Accounts
			payable                                         |   | 37,701        
|Accrued
			liabilities                                      |   | 45,595        
|Provision for
			progressive jackpots                       |   | 117,154       
|Total Current
			Liabilities                                | $ | 200,450       
|                                                            |   |               
|Net Assets                                                  | $ | 72,168        
|                                                            |   |               
|Less Proceeds on
			the sale of subsidiaries                | $ | 250,000       
|                                                            |   |               
|Profit on the
			sale of subsidiaries                       | $ | 177,832       

Page 10

BINGO.COM,
LTD.and Subsidiaries

Notes to Consolidated Financial Statements

Six months ended June
	30, 2010 and 2009

(Unaudited)



4.   Sale of
	US players and related assets:

Effective October 12, 2006, the Company, in response to the United States
	Unlawful Internet Gambling Enforcement Act, sold its United States players
	and related assets for $1,200,050, payable by the arms-length purchaser at a
	variable rate over the subsequent months. There is no set period for
	repayment and is interest free. The Company has fully provided for the
	outstanding amount due.  The Company will recognize the profit from the sale
	of these assets as and when payment is received. During the quarter ended
	June 30, 2010, the Company collected $0 (2009 - $20,000) in payment for
	these assets.

|                                       |   | Amount  
|-------------------------------------- | - | --------
|Balance
			December 31, 2008           |   | 837,050 
|                                       |   |         
|Payments received 2009                 |   | (62,500)
|                                       |   |         
|Balance
			December 31, 2009           |   | 774,550 
|                                       |   |         
|Payments received
			during the period |   | (5,000) 
|                                       |   |         
|Balance
			remaining June 30, 2010     | $ | 769,550 

5.    Stockholder's Equity:

During the quarter ended June 30, 2010,
	Bingo.com, Ltd. completed a private placement offering with Unibet Group plc
	of 15 million shares at $0.15 per share.  Total proceeds of the offering
	were $2,250,000.

During the quarter ended March 31, 2010,
	Bingo.com, Ltd. issued 1,360,000 shares for $0.15 per share pursuant to a
	private placement, whose proceeds of $204,000 were received in the fourth
	quarter of fiscal 2009.

Stock based compensation expense of $7,768
	(June 30, 2009 - $15,057) was due to the vesting of options during the
	quarter. No options were granted or exercised during the period.

The fair value of each option grant has been
	estimated on the date of the grant using the Black-Scholes option-pricing
	model with the following assumptions:

|                                   |  | Three
			Months ended June 30, 2010 |  | Three
			Months ended June 30, 2009
|---------------------------------- |  | ----------------------------------- |  | -----------------------------------
|Expected
			dividend yield         |  | -                                   |  | -                                  
|Expected stock
			price volatility |  | 52 -
			172%                        |  | 82 -
			172%                       
|Weighted
			average volatility     |  | 117%                                |  | 127%                               
|Risk-free
			interest rate         |  | 2.82 -
			4.52%                     |  | 2.82 -
			4.52%                    
|Expected life
			of options        |  | 2.5 - 5
			years                    |  | 2.5 - 5
			years                   
|Forfeiture
			rate                 |  | 7%                                  |  | 7%                                 

During the quarter ended June 30, 2010,
	610,000 options expired unexercised. During the quarter ended March 31,
	2010, 491,250 options expired unexercised. Subsequent to the quarter ended
	June 30, 2010, 610,000 options expired unexercised.

Page 11

BINGO.COM,
LTD.and Subsidiaries

Notes to Consolidated Financial Statements

Six months ended June
	30, 2010 and 2009

(Unaudited)



6.  
	Commitments:

The Company leases office facilities in
	Vancouver, British Columbia, Canada, The Valley, Anguilla, British West
	Indies and London, United Kingdom. These office facilities are leased under
	operating lease agreements. The Canadian operating lease agreement expires
	on September 30, 2010. The Anguillian operating lease expires on September
	30, 2010. The United Kingdom lease is leased from a company owned by a
	current director and officer of the Company. This lease is for 30 days and
	is automatically renewed with a 30 days notice period.

Minimum lease payments under these operating
	leases are approximately as follows:

|     |   |       
|---- | - | ------
|2010 | $ | 23,631
|2011 |   | -     
|2012 |   | -     
|     |   |       

The Company paid rent expense totaling
	$29,717 for the quarter ended June 30, 2010 (June 30, 2009 - $23,233).

Effective August 1, 2010, the Company's
	management consulting agreement with T.M. Williams (Row), Ltd., an Anguilla
	incorporated company and Mr. Williams dated August 20, 2001, (the "Williams
	Agreement"), amended February 28, 2002, is amended to a consultancy payment
	of US$11,666 per month payable in arrears.  This contract is for the
	provision of services by Mr. Williams as President and Chief Executive
	Officer of the Company.

7.    Income
	Taxes:

Bingo.com, Ltd. is domiciled in the tax-free
	jurisdiction of Anguilla, British West Indies. However certain of the
	Company's subsidiaries, especially the sold subsidiary Bingo.com Operations
	Limited, incur income taxation. The Company has provided $13,497 during the
	quarter ended June 30, 2010, for income tax (December 31, 2009 - $15,154)

The tax effects of temporary differences that give rise to significant
	portions of the deferred tax assets and deferred tax liabilities at June 30,
	2010, and December 31, 2009, are presented below:

|                                  |   | June 30,2010 |   | December 31, 2009
|--------------------------------- | - | ------------ | - | -----------------
|Deferred tax assets:              |   |              |   |                  
|Net operating loss carry forwards | $ | 131,324      | $ | 148,023          
|                                  |   |              |   |                  
|Valuation Allowance               |   | (131,324)    |   | (148,023)        
|                                  | $ | -            | $ | -                

In assessing
	the realizability of deferred tax assets, management considers whether it is
	more likely than not that some portion or all of the deferred tax assets
	will not be realized. The ultimate realization of deferred tax assets is
	dependent upon the generation of future taxable income during the periods in
	which those differences become deductible.

Management
	considers the scheduled reversal of deferred tax liabilities, projected
	future taxable income, and tax planning strategies in assessing the
	realizability of deferred tax assets.

Page 12

BINGO.COM,
LTD.and Subsidiaries

Notes to Consolidated Financial Statements

Six months ended June
	30, 2010 and 2009

(Unaudited)



8.    Related Party
	Transactions:

The Company has a liability of $11,666 (December 31, 2009 - $2,897), to a
	company owned by a current director and officer of the Company for payment
	of services rendered and expenses incurred by the current director and
	officer of the Company.

The Company has a liability of $265 (December 31, 2009 - $1,616), to a
	director and officer of the Company for payment of services rendered and
	expenses incurred by the director and officer of the Company.

Payments made to Bingo, Inc. in relation to the domain name purchase payment
	totaled $14,838 during the quarter ended June 30, 2010 (Quarter ended June
	30, 2009 - $61,317). As at June 30, 2010, the Company has a liability of
	$14,838 (December 31, 2009 - $61,805) to Bingo, Inc.

The Company
	has a liability of $6,000 (December 31, 2009 - $3,000), to independent
	directors of the Company for payment of services rendered.

The related
	party transactions are in the normal course of operations and were measured
	at the exchange amount, which is the amount of consideration established and
	agreed to by the related party.

9.   
	Segmented information:

Revenue

The Company operates in one reportable
	business segment, the business of providing games and entertainment based on
	the game of bingo through its Internet portal, bingo.com, supported mainly
	by the revenue generated from the deposits received for the games for money
	and selling advertising on the website.

The revenue for the quarter ended June 30,
	2010 and 2009, has been derived primarily from the revenue generated from
	the deposits received for the games for money.

Equipment

The Company's equipment
	is located as follows:

|Net Book Value                |   | June
			30,
			2010 |   | December 31, 2009
|----------------------------- | - | ------------------- | - | -----------------
|                              |   |                     |   |                  
|Canada                        | $ | 40,101              | $ | 58,937           
|Curacao, Netherlands Antilles |   | 20,860              |   | 25,031           
|Malta                         |   | -                   |   | 106,173          
|                              | $ | 60,961              | $ | 190,141          

10.       Concentrations:

Major customers

For the quarter ended June 30, 2010,
	there was no single player on the gaming site who had wagered more than 10%
	of the total gaming revenue. The Company is reliant on Unibet International
	Limited ("Unibet") for the white label platform. The Company has a
	receivable from Unibet of $47,530 as at June 30, 2010 (December 31, 2009 -
	$nil).

During the quarter ended June 30, 2010 and
	2009, the Company offered limited advertising. Therefore there were no
	advertising sales representing more than 10% of the total sales.

Page 13

BINGO.COM,
LTD.and Subsidiaries

Notes to Consolidated Financial Statements

Six months ended June
	30, 2010 and 2009

(Unaudited)



11. 
	Concentrations of Credit Risk:

Financial
	instruments that potentially subject the Company to concentrations of credit
	risk consist primarily of cash and accounts receivable.  The Company places
	its cash with high quality financial institutions and limits the amount of
	credit exposure with any one institution.

The Company currently maintains a
	substantial portion of its day-to-day operating cash balances at financial
	institutions. At June 30, 2010, the Company had total cash balances of
	$2,227,660 (December 31, 2010 - $557,251) at financial institutions, where
	$1,493,405 (December 31, 2009 - $91,023) is in excess of federally insured
	limit.

The Company has concentrations of credit
	risk with respect to accounts receivable, as large amounts of its accounts
	receivable are concentrated geographically in Curacao and the United Kingdom
	amongst a small number of customers.

As of June 30, 2010, two customers totaling
	$47,530 and $37,418, who accounted for total accounts receivable greater
	than 10%. As of December 31, 2009, the Company had four customers, totaling
	$11,136, $5,951, $4,805 and $4,629 who accounted for greater than 10% of the
	total accounts receivable.

The Company controls credit risk through
	monitoring procedures and receiving prepayments of cash for services
	rendered.  The Company performs credit evaluations of its customers but
	generally does not require collateral to support accounts receivable.

Page 14

ITEM 2.        Management's Discussion and Analysis of Financial
	Condition and Results of Operations

The following Management's Discussion and
	Analysis or Plan of Operation contains forward-looking statements that
	involve risks and uncertainties, as described below.  Bingo.com, Ltd.'s (the
	"Company", "we", or "us") actual results could differ materially from those
	anticipated in these forward-looking statements.  The following discussion
	should be read in conjunction with the unaudited interim consolidated
	financial statements and notes thereto included in Part I - Item 1 of this
	Quarterly Report, and the audited consolidated financial statements and
	notes thereto and the Management Discussion and Analysis or plan of
	Operations included in our Annual Report on Form 10-K for the fiscal year
	ended December 31, 2009.

FORWARD LOOKING
	STATEMENTS

All statements contained in this Quarterly Report on
	Form 10-Q and the documents incorporated herein by reference, as well as
	statements made in press releases and oral statements that may be made by us
	or by officers, directors or employees acting on our behalf, that are not
	statements of historical fact constitute "forward-looking statements" within
	the meaning of the Private Securities Litigation Reform Act of 1995.  Such
	forward-looking statements involve known and unknown risks, uncertainties
	and other factors that could cause our actual results to be materially
	different from historical results or from any future results expressed or
	implied by such forward-looking statements. Readers should consider
	statements that include the terms "believe," "belief," "expect," "plan,"
	"anticipate," "intend" or the like to be uncertain and forward-looking. In
	addition, all statements, trends, analyses and other information contained
	in this report relative to trends in net sales, gross margin, anticipated
	expense levels and liquidity and capital resources, constitute
	forward-looking statements. Particular attention should be paid to the facts
	of our limited operating history, the unpredictability of our future
	revenues, our need for and the availability of capital resources, the
	evolving nature of our business model, and the risks associated with systems
	development, management of growth and business expansion.  Except as
	required by law, we undertake no obligation to update any forward-looking
	statement, whether as a result of new information, future events or
	otherwise. All cautionary statements made herein should be read as being
	applicable to all forward-looking statements wherever they appear.  Readers
	should consider the risks more fully described in our Annual Report on Form
	10-K for the year ended December 31, 2009, filed with the Securities and
	Exchange Commission (the "SEC") and should not place undue reliance on any
	forward-looking statements.

Page 15

OVERVIEW

Bingo.com, Ltd. (the "Company") is in the
	business of
	owning and
	marketing
	a bingo based web portal designed to provide
	a variety of Internet based games played by individuals plus other forms of
	entertainment, including an online community, chat rooms, and more. Using
	our bingo.com domain name and incorporating a variety of games and content
	to attract and retain a large number of subscribers, we have built one of
	the leading bingo-based portals on the Internet. Our website has attracted
	millions of visitors of which over 1,975,000 have gone through a detailed
	sign-up process and become registered users. The levels of Internet traffic
	have a direct impact on our revenues as, generally, the greater the Internet
	traffic, the greater the amount of gaming or advertising revenue received.

We generate revenue from players depositing
	funds into their account on our website and then playing games for money. An
	additional source of revenue comes from selling advertising on our portal to
	other companies who wish to advertise their products to our user
	demographic. We obtained a gaming license and commenced gaming operations
	from Curacao, Netherlands Antilles in May 2005. The Company was granted a
	license by the Lotteries and Gaming Authority of Malta, and commenced
	operating under this Maltese license in March 2009. This license enabled us
	to advertise in the United Kingdom. During the quarter ended June 30, 2010,
	we migrated to the Unibet International Limited ("Unibet") partner program
	as a network operator of their multi-language and multi-currency bingo and
	casino systems. Our players now play pursuant to Unibet's licences in the
	relevant jurisdictions. Bingo.com players will be combined with the gaming
	liquidity on Unibet's popular Mariabingo.com and Bingo.se websites to create
	one of the largest and most international online bingo systems in operation.

Our website provides players the ability to
	purchase bingo cards online for cash, with the winner of each bingo game
	winning a percentage of the total cards purchased for that particular bingo
	game. The bingo.com website is divided into two main sections: (1) the main
	section is accessible to players from countries where the Company offers its
	pay-to-play games; and, (2) the second section focused on a free-to-play
	offering for the remaining countries.  Depending on the pay-to-play or
	free-to-play section of the website, the Company provides online
	entertainment content to players consisting of multiplayer bingo games,
	video poker, casino games and slot machines.  We also offer all our players
	other forms of entertainment such as chat rooms and member profiles.

We intend to build the existing business by
	marketing to many different languages and currencies that we expect will
	hold existing subscribers as well as attract new subscribers and allow us to
	generate more revenue.

We have made a significant investment in the
	development of our website, purchase of domain name, branding, marketing,
	and maintaining operations.  As a result we have incurred significant losses
	since inception, and as of June 30, 2010, had an accumulated deficit of
	$13,824,384.

On September 30, 2006, the United States
	Senate passed the Unlawful Internet Gambling Enforcement Act 2006 ("UIGEA"),
	which was signed into law by President Bush, on October 13, 2006. The
	legislation aimed to prohibit the funding of illegal online gambling to
	United States citizens and residents. Effective October 12, 2006, in
	response to the UIGEA we sold our United States player database and related
	assets to an unrelated company. The asset disposition includes the
	registered online gaming players, the gaming servers, and the complete
	database of real money players. The asset disposition price is $1,200,050
	payable at a variable rate over the coming months.

During the quarter ended June 30, 2007, we
	launched our United Kingdom focused website, with games targeted to the
	United Kingdom audience and the games played in British pounds sterling.
	Gaming revenue from the Bingo.com website accounted for approximately 94% of
	our revenue for the quarter ended June 30, 2010.

Page 16

CRITICAL ACCOUNTING POLICIES

Our discussion and analysis of our financial
	condition and results of operations are based upon our financial statements,
	which except for lack of all detailed note disclosures, have been prepared
	in conformity with accounting principles generally accepted in the United
	States. The preparation of these financial statements requires us to make
	estimates and judgments that affect the reported amounts of assets,
	liabilities, revenues and expenses, and related disclosure of contingent
	assets and liabilities. On an on-going basis, we evaluate these estimates,
	including those related to impairment or disposal of long-lived assets,
	contingencies and litigation. We base our estimates on historical experience
	and on various other assumptions that are believed to be reasonable under
	the circumstances, the results of which form the basis for making judgments
	about the carrying values of assets and liabilities that are not readily
	apparent from other sources. Actual results may differ from these estimates
	under different assumptions or conditions.

We consider the following accounting
	policies to be both those most important to the portrayal of our financial
	condition and require the most subjective judgment:

- Revenue recognition;

- Impairment of long-lived assets and
	long-lived assets to be disposed of;

Revenue recognition:

The Company generates the majority of its
	revenue from gaming revenue. Gaming revenues have been recognized on the
	basis of total dollars wagered, including bonus wagered, on all games less
	all winnings payable to players.

Advertising revenues have been recognized as
	the advertising campaign or impressions and clicks are made on the website
	and when collection of the amounts are reasonably assured. Cash received in
	advance of the advertising campaigns or impressions and clicks are recorded
	under unearned revenue.

Impairment of long-lived assets and
	long-lived assets to be disposed of:

The Company accounts for long-lived assets in accordance with the provisions
	of ASC 360, Property, Plant and Equipment (previously SFAS No. 144
	"Accounting for the Impairment or Disposal of Long-Lived Assets") and ASC
	350, Intangibles-Goodwill and Others (previously SFAS No. 142 "Accounting
	for Goodwill and Other Intangible Assets"). During the years presented, the
	only long-lived assets reported on the Company's consolidated balance sheet
	are equipment, and domain name rights.  These provisions require that
	long-lived assets and certain identifiable recorded intangibles be reviewed
	for impairment whenever events or changes in circumstances indicate that the
	carrying amount of an asset may not be recoverable.  Recoverability of
	assets to be held and used is measured by a comparison of the carrying
	amount of an asset to future net cash flows expected to be generated by the
	asset.

If such assets are considered to be impaired, the impairment to be
	recognized is measured by the amount by which the carrying amount of the
	assets exceeds the fair value of the assets.  Assets to be disposed of are
	reported at the lower of the carrying amount and the fair value less costs
	to sell.

Page 17

RESULTS OF OPERATIONS

Revenue

Total revenue decreased to $368,932 for the
	quarter ended June 30, 2010, a decrease of 76% from revenue of $1,512,116
	for second quarter of 2009 and a decrease of 71% from revenue of $1,254,792
	in the first quarter of 2010. Gaming Revenue decreased to $348,428, a
	decreased of 76% in the quarter ended June 30, 2010, compared Gaming Revenue
	of $1,460,149 in the second quarter of 2009 and a 71% decrease from revenue
	of $1,209,269 in the first quarter of 2010. During the quarter ended June
	30, 2010, we migrated our players to Bingo.com players to the Unibet partner
	program. The decrease compared to the second quarter of 2009 and the first
	quarter of 2010, is due to a decrease in cash game play, especially as a
	result of a second platform change within six months. We earned advertising
	revenue of $20,504 in the quarter ended June 30, 2010, a decrease of 61%
	from advertising revenue of $51,967 in the second quarter of 2009 and a
	decrease of 55% from advertising revenue of $45,523 in the first quarter of
	2010. During the quarter ended March 31, 2010 the Company suspended sales of
	new advertising.

Cost of producing revenue

We recorded cost of producing revenue of
	$309,931 during the quarter ended June 30, 2010, a decrease of 67% compared
	to costs of $951,954 for the second quarter of 2009 and a decrease of 64%
	over costs of $857,402 in the first quarter of 2010. Cost of producing
	revenue consists of bonuses granted on deposits made by players, the cost of
	hosting the website, payment processing fees in relation to deposits from
	and withdrawals to our players, software license fees, and the domain name
	purchase payments. The decrease in cost of producing revenue for the quarter
	ended June 30, 2010, compared to the second quarter of 2009 and the first
	quarter of 2010, is due to the migration to the Unibet partner program,
	whereby the cost of some bonuses, hosting the website, payment processing
	fees, software license fees and other expenses are incurred by Unibet
	International Limited in exchange for a commission on the white label
	revenue payment.

Sales and marketing expenses

Sales and marketing expenses decreased by
	93% to $33,630 for the quarter ended June 30, 2010, a decrease over expenses
	of $455,501 in the second quarter of 2010 and a decrease of 89% from
	expenses of $314,087 in the first quarter of 2010. Sales and marketing
	expenses principally include costs for signup bonuses, marketing, prizes for
	our players and other bonuses and incentives offered to gaming players. The
	decrease in sales and marketing expenses for the quarter ended June 30,
	2010, compared to the second quarter of 2009 and the first quarter of 2010,
	is due to migration to the Unibet partner program where significantly lower
	marketing bonus are granted to players.

We expect to continue to incur sales and
	marketing expenses to increase traffic from the United Kingdom and other
	selected markets and, consequently, deposits to our web portal. These costs
	will include affiliate commissions, salaries, advertising, and other
	promotional expenses intended to increase our subscriber base and improve
	gaming revenue. There can be no assurances that these expenditures will
	result in increased traffic or significant additional revenue.

General and administrative
	expenses

General and administrative expenses consist
	primarily of premises costs for our office, legal and professional fees, and
	other general corporate and office expenses. General and administrative
	expenses decreased to $87,130 for the second quarter of 2010, a decrease of
	45% from costs of $157,048 for the second quarter of 2009 and a decrease of
	36% from costs of $136,806 in the first quarter of 2010. The decrease in
	general and administrative expenses for the quarter ended June 30, 2010,
	compared to the

Page 18

second quarter of 2009 and the first quarter of 2010, is due
	to migration to the Unibet partner program whereby we have reduced many of
	our costs, especially the development of the bingo.com website.

We expect to continue to incur general and
	administrative expenses to support the business, and there can be no
	assurances that we will be able to generate sufficient revenue to cover
	these expenses.

Salaries, wages, consultants and benefits

Salaries, wages, consultants and benefits
	increased by 7% to $274,923 for the quarter ended June 30, 2010, compared to
	salaries, wages, consultants and benefits of $257,279 in the second quarter
	of 2009 and a decrease of 5% over salaries, wages, consultants and benefits
	of $261,988 in the first quarter of 2010. The majority of the Company's
	salaries, wages, consultants and benefits are incurred in Canadian Dollars.
	Due to the migration to the Unibet partner program, we no longer required
	certain staff so we have reduced staff and paid out retrenchment packages.

Depreciation and amortization

Depreciation and amortization includes
	depreciation of our equipment, as well as amortization of intangible asset
	relating to the email list. Equipment is depreciated using the declining
	balance method over the useful lives of the assets, ranging from three to
	five years.  Depreciation and amortization decreased to $9,686 during the
	quarter ended June 30, 2010, a decrease of 44% over costs of $17,316 during
	the same quarter in the prior year and a decrease of 40% from costs of
	$16,076 in the first quarter of 2010. This decrease in depreciation and
	amortization is due to the sale of the subsidiary, Bingo.com Operations
	Limited during the quarter ended June 30, 2010.

Stock based
	Compensation

Stock based compensation decreased to $7,768
	during the quarter ended June 30, 2010, a decrease of 48% over stock based
	compensation of $15,057 during the same quarter in the prior year and a
	decrease of 17% from stock based compensation of $9,306 in the first quarter
	of 2010. The decrease in stock based compensation compared to the second
	quarter of 2009 and the first quarter of 2010, is due to the expiration of
	stock options as a result of the retrenchment of staff and due to stock
	options expiring.

Profit on sale of US
	Gaming players

Effective October 12, 2006, the Company,
	in response to the United States Unlawful Internet Gambling Enforcement Act,
	sold its United States players and related assets for $1,200,050, to an arms
	length third party payable by the purchaser at a variable rate over the
	subsequent months until fully paid. We recognize the profit from the sale of
	these assets as and when payment is received. During the quarter ended June
	30, 2010, we collected $nil of the $1,200,050 due, compared to payments
	received of $20,000 during the same quarter in the prior year and $5,000 in
	the first quarter of 2010.

**Income taxes**

The Company incurred income tax expense of
	$31,970 during the quarter ended June 30, 2010, in relation to profits
	earned in its subsidiaries in different jurisdictions, compared to income
	tax expense of $2,265 during the second quarter of 2009. During the year
	ended December 31, 2005, Bingo.com, Inc. merged with its subsidiary
	Bingo.com, Ltd. in Anguilla, British West Indies. Anguilla is a zero tax
	jurisdiction and therefore accordingly, we have not booked an income tax
	benefit at June 30, 2010 and 2009.

Other Income

During the quarter ended June 30, 2010, we
	sold the subsidiaries Bingo,com Services Limited and Bingo.com Operations
	Limited for $250,000 and recorded a profit on the sale of these subsidiaries
	of $177,832.

Page 19

During the quarter ended June 30, 2010, we
	reversed a provision of $193,051 for progressive jackpots from old jackpot
	games from the Abberant gaming system, which was discontinued in January
	2010.

Net loss and loss per share

Net loss for the three months ended June 30,
	2010, amounted to $27,977, a loss of $0.00 per share, an decrease in net
	loss of 90% compared to a net loss of $266,702, a loss of $0.01 per share
	for the same period in 2009 and a decrease in net loss of 92% compared to a
	net loss of $344,806 or $0.01 per share in the first quarter of 2010. The
	decrease in net loss for the quarter ended June 30, 2010, compared to the
	second quarter of 2009 and the first quarter of 2010, is due to the
	reduction in expenses as a result of migrating to the Unibet partner
	platform, the reversal of the progressive jackpot provision and the profit
	from the sale of the subsidiaries Bingo.com Services Limited and Bingo.com
	Operations Limited.

LIQUIDITY AND CAPITAL RESOURCES

We had cash of $2,227,660 and a working
	capital of $2,140,934 at June 30, 2010.  This compares to cash of $557,251
	and a negative working capital of $19,801 at December 31, 2009.

During the quarter ended June 30, 2010,
	Bingo.com, Ltd. completed a private placement offering with Unibet Group plc
	of 15 million shares at $0.15 per share.  Total proceeds of the offering
	were $2,250,000.

During the quarter ended March 31, 2010, the
	shares were issued in relation to the 1,360,000 private placement closed in
	the fourth quarter of 2009.

During the quarter ended June 30, 2010, we
	used cash of $553,633 from operating activities compared to using cash of
	$209,185 in the same period in the prior year and compared to using cash of
	$264,875 in the first quarter of 2010. This increase compared to the second
	quarter of 2009 and the first quarter of 2010, is due to the sale of the
	subsidiaries, the reversal of the progressive jackpot provision and the
	transfer of the player float to the Unibet International Limited Partner
	program.

Our future
	capital requirements will depend on a number of factors, including costs
	associated with the marketing of our Web portal, the success and acceptance
	of gaming operations and the possible acquisition of complementary
	businesses, products and technologies.

Subsequent event:

On January 18, 1999, we purchased the
	exclusive right to use the domain name bingo.com from a then unrelated
	company, Bingo, Inc., an Anguilla corporation, for (i) a $200,000 cash
	payment, (ii) 500,000 shares of our common stock (at a value of $2.00 per
	share) and (iii) an agreement to pay, on an ongoing basis, the Domain Name
	Purchase price amounting to 4% of our annual gross revenues, with a total
	minimum guaranteed Domain Name Purchase payment of $1,100,000 in the first
	three years of the 99 year period ended December 31, 2098. During the year
	ended December 31, 2002, the agreement was amended so that the remaining
	Domain Name Purchase payments to the vendor are made monthly, based on 4% of
	the preceding month's gross revenue.

Subsequent to the quarter ended June 30,
	2010, the Company engaged an independent valuation company, Evans & Evans,
	Inc. to value the remaining 4% Domain Name Purchase payments, for the option
	of acquiring the 4% Domain Name Purchase payments. Evans & Evans Inc.
	concluded the valuation of the 4% Domain Name is between $1.4 and $1.6
	million. (Exhibit 10.34)

Page 20

ITEM 4T.       Controls and Procedures

(a)        Evaluation of disclosure controls
	and procedures.

As required by Rule 13a-15
	under the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
	the Company carried out an evaluation under the supervision and with the
	participation of the Company's management, including the President and Chief
	Executive Officer and the Chief Financial Officer, of the effectiveness of
	the Company's disclosure controls and procedures as of June 30, 2010. In
	designing and evaluating the Company's disclosure controls and procedures,
	the Company and its management recognize that there are inherent limitations
	to the effectiveness of any system of disclosure controls and procedures,
	including the possibility of human error and the circumvention or overriding
	of the controls and procedures. Accordingly, even effective disclosure
	controls and procedures can only provide reasonable assurance of achieving
	their desired control objectives. Additionally, in evaluating and
	implementing possible controls and procedures, the Company's management was
	required to apply its reasonable judgment. Furthermore, in the course of
	this evaluation, management considered certain internal control areas, in
	which we have made and are continuing to make changes to improve and enhance
	controls. Based upon the required evaluation, the Chief Executive Officer
	and the Chief Financial Officer concluded that as of June 30, 2010, the
	Company's disclosure controls and procedures were effective (at the
	"reasonable assurance" level mentioned above) to ensure that information
	required to be disclosed by the Company in the reports it files or submits
	under the Exchange Act is recorded, processed, summarized and reported
	within the time periods specified in the Securities and Exchange
	Commission's rules and forms.

From time-to-time, the Company
	and its management have conducted and will continue to conduct further
	reviews and, from time to time put in place additional documentation, of the
	Company's disclosure controls and procedures, as well as its internal
	control over financial reporting. The Company may from time to time make
	changes aimed at enhancing their effectiveness, as well as changes aimed at
	ensuring that the Company's systems evolve with, and meet the needs of, the
	Company's business. These changes may include changes necessary or desirable
	to address recommendations of the Company's management, its counsel and/or
	its independent auditors, including any recommendations of its independent
	auditors arising out of their audits and reviews of the Company's financial
	statements. These changes may include changes to the Company's own systems,
	as well as to the systems of businesses that the Company has acquired or
	that the Company may acquire in the future and will, if made, be intended to
	enhance the effectiveness of the Company's controls and procedures. The
	Company is also continually striving to improve its management and
	operational efficiency and the Company expects that its efforts in that
	regard will from time to time directly or indirectly affect the Company's
	disclosure controls and procedures, as well as the Company's internal
	control over financial reporting.

(b)        Changes
	in internal controls.

There were no significant
	changes in the Company's internal controls or other factors that could
	significantly affect the Company's internal controls subsequent to the date
	of their evaluation.

Page 21

PART II - OTHER INFORMATION

ITEM 1.          Legal
	Proceedings

We are not currently a party to any legal
	proceeding, and was not a party to any other legal proceeding during the
	quarter ended June 30, 2010. We are currently not aware of any other legal
	proceedings proposed to be initiated against the Company. However, from time
	to time, we may become subject to claims and litigation generally associated
	with any business venture.

ITEM 2.         
	Unregistered Sales of Equity Securities and Use of Proceeds

During the quarter ended June 30, 2010, we
	completed a private placement offering to Unibet Group plc of 15 million
	shares at $0.15 per share.  Total proceeds of the offering were $2,250,000.

ITEM 3.         
	Defaults Upon Senior Securities

Not applicable.

ITEM 4.         
	Submission of Matters to a Vote of Security Holders

During the quarter ended June 30, 2010, we
	held our Annual Meeting of Stockholders for the purposes of electing our
	directors and to ratify the appointment of Davidson & Company LLP, Chartered
	Accountants, as our independent auditors for the 2010 fiscal year. The
	Company issued a schedule 14A proxy statement to the shareholders on April
	30, 2010.

All nominees
	for directors were elected and the appointment of auditors was ratified. The
	voting on each matter is set forth below:

Election of the Directors of the Company.

|Nominee        | For        | Against | Abstain | Not Voted
|-------------- | ---------- | ------- | ------- | ---------
|T. M. Williams | 29,872,378 | 26,124  | 12,760  | 3,415,767
|J. M. Williams | 29,871,878 | 26,624  | 12,760  | 3,415,767
|C. M. Devereux | 29,875,197 | 23,305  | 12,760  | 3,415,767
|G. Whitton     | 29,875,638 | 22,864  | 12,760  | 3,415,767
|F. Curtis      | 29,875,638 | 22,864  | 12,760  | 3,415,767
|P. Nylander    | 15,609,389 | -       | -       | -        

Mr. P. Nylander, was
	nominated at the Annual General Meeting.

Proposal to
	ratify the appointment of Davidson & Company LLP, Chartered Accountants
	as our independent auditors for the 2010 fiscal year.

| | For        | Against | Abstain | Not Voted
| | ---------- | ------- | ------- | ---------
| | 33,056,466 | 160,231 | 110,332 | -        

ITEM 5.          Other
	Information

During the quarter ended June 30, 2010, the
	Company migrated its player database to the Unibet gaming network under its
	new whitelabel strategy.

The Company sold it subsidiaries Bingo.com
	Services Limited and Bingo.com Operations Limited for $250,000.

Subsequent to the quarter ended June 30,
	2010, the Company engaged an independent valuation company, Evans & Evans,
	Inc. to value the remaining 4% Domain Name Purchase payments, for the option
	of acquiring the 4% Domain Name Purchase payments (Exhibit 10.34). Evans &
	Evans Inc. concluded the valuation of the 4% Domain Name purchase payments
	is between $1.4 and $1.6 million.

Page 22

ITEM 6.          Exhibits and reports on
	Form 8-K

Exhibits

The
	following instruments are included as exhibits to this Report.  Exhibits
	incorporated by reference are so indicated.

|Exhibit
			Number | Description                                                                                                                                                                                                       
|----------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|4.4               | Convertible
			Debenture between the Company and unrelated parties dated July 2,
			2002. (b)                                                                                                                     
|4.5               | Common Stock Purchase Warrant
			between the Company and unrelated parties dated July 2, 2002. (b)                                                                                                                
|10.2              | Asset Purchase Agreement by and
			between Bingo, Inc. and Progressive Lumber, Corp. dated January 18,
			1999. (a)                                                                                               
|10.24             | Amended Consulting Agreement dated
			February 28, 2002, between the Company, T.M. Williams (Row), Ltd.,
			and T.M. Williams. (c)                                                                                
|10.29             | Amendment of
			Asset Purchase Agreement dated July 1, 2002. (d)                                                                                                                                                  
|10.32             | Code of
			Business Conduct and Ethics dated December 22, 2006. (e)                                                                                                                                               
|10.33             | Amended
			Consulting Agreement dated June 16, 2010, between the Company, T.M.
			Williams (Row), Ltd., and T.M. Williams. (f)                                                                                    
|10.34             | Executive
			Summary of Comprehensive Valuation Report by Evans & Evans Inc. on
			the Bingo.com, Ltd. 4% Domain Name Purchase Payments                                                                           
|31.1              | Certificate of Chief Executive
			Officer pursuant to the Securities Exchange Act Rules 13a-15(e) and
			15d -15(e) as adopted pursuant to Section 302 of the Sarbanes-Oxley
			Act of 2002 dated August 13, 2010.
|31.2              | Certificate of Chief Financial
			Officer pursuant to the Securities Exchange Act Rules 13a-15(e) and
			15d -15(e) as adopted pursuant to Section 302 of the Sarbanes-Oxley
			Act of 2002 dated August 13, 2010.
|32.1              | Certification
			from the Chief Executive Officer of Bingo.com, Ltd. pursuant to 18
			U.S.C. Section 1350, as adopted pursuant to Section 906 of the
			Sarbanes-Oxley Act of 2002 dated
			August 13, 2010.     
|32.2              | Certification
			from the Chief Financial Officer of Bingo.com, Ltd. pursuant to 18
			U.S.C. Section 1350, as adopted pursuant to Section 906 of the
			Sarbanes-Oxley Act of 2002 dated
			August 13, 2010.     

(a) Previously filed with the Registrant's
	registration statement on Form 10 on June 9, 1999.

(b) Previously filed
	with the Company's quarterly report on Form 10-Q for the period ended
	September 30, 2002, on November 14, 2002.

(c) Previously filed
	with the Company's quarterly report on Form 10-Q for the period ended June
	30, 2002, on August 14, 2002.

(d) Previously filed
	with the Company's year end report on Form 10-K/A for the year ended
	December 31, 2002, on May 8, 2003.

(e) Previously filed
	with the Company's report on Form 8-K on December 26, 2006.

(f) Previously filed
	with the Company's report on Form 8-K on June 17, 2010.

Page 23

Reports on Form 8-K.

During the quarter ended June 30, 2010, we
	filed an 8K announcing the completion of the private placement offering of
	15 million shares at $0.15 per share.  Total proceeds of the offering were
	$2,250,000. Included in this 8K, we announced the sale of Bingo.com Services
	Limited and Bingo.com Operations Limited for $250,000.

In addition, during the quarter ended June
	30, 2009, we filed an 8K announcing the results of our Annual General
	Meeting and the amendment to the Consulting agreement, with T. M. Williams
	(ROW) Inc and Mr. T. M. Williams.

Reports Subsequent to
	the quarter ended June 30, 2010.

None

Page 24

SIGNATURES

In accordance with
	the requirements of the Exchange Act, the registrant caused this report to
	be signed on its behalf by the undersigned, thereunto duly authorized.

|Date: | August 13,
			2010 |                                                                                                                      | BINGO.COM, LTD.  
|----- | ------------------ | -------------------------------------------------------------------------------------------------------------------- | -----------------
|      |                    | (Registrant)                                                                                                        
|Date: | August 13,
			2010 |                                                                                                                      | /S/ T.M. Williams
|      |                    | T. M. Williams,
			Chairman of the Board, Chief Executive Officer, and President
			(Principal
			Executive Officer)
|Date: | August 13,
			2010 |                                                                                                                      | /S/ H. W. Bromley
|      |                    | H.W. Bromley,
			Chief Financial Officer
			(Principal
			Accounting Officer)                                       

Page 25

EXHIBIT 31.1

CERTIFICATIONS

I, T. M. Williams, certify that:

1.  
	I have reviewed this quarterly report on Form 10-Q of Bingo.com,
	Ltd.;

2.  Based on my knowledge, this report does
	not contain any untrue statement of a material fact or omit to state a
	material fact necessary to make the statements made, in light of the
	circumstances under which such statements were made, not misleading with
	respect to the period covered by this report;

3. Based on my knowledge, the financial
	statements, and other financial information included in this report, fairly
	present in all material respects the financial condition, results of
	operations and cash flows of Bingo.com, Ltd. as of, and for, the periods
	presented in this quarterly report;

4.  Bingo.com, Ltd.'s other certifying
	officer(s) and I are responsible for establishing and maintaining disclosure
	controls and procedures (as defined in Exchange Act Rules 13a-15(e) and
	15d-15(e)) and internal control over financial reporting (as defined in
	Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)   Designed such disclosure controls and
	procedures, or caused such disclosure controls and procedures to be designed
	under our supervision, to ensure that material information relating to
	Bingo.com, Ltd., including its consolidated subsidiaries, is made known to
	us by others within those entities, particularly during the period in which
	this report is being prepared;

(b)   Designed such internal control over
	financial reporting, or caused such internal control over financial
	reporting to be designed under our supervision, to provide reasonable
	assurance regarding the reliability of financial reporting and the
	preparation of financial statements for external purposes in accordance with
	generally accepted accounting principles;

(c)   Evaluated the effectiveness of
	Bingo.com, Ltd.'s disclosure controls and procedures and presented in this
	report our conclusions about the effectiveness of the disclosure controls
	and procedures, as of as of June 30, 2010, covered by this quarterly report
	based on such evaluation; and

(d)   Disclosed in this report any change
	Bingo.com, Ltd.'s internal control over financial reporting that occurred
	during Bingo.com, Ltd.'s most recent fiscal quarter that has materially
	affected, or is reasonably likely to materially affect, Bingo.com, Ltd.'s
	internal control over financial reporting; and

5. Bingo.com, Ltd.'s other certifying officer(s) and I have disclosed, based on our most recent evaluation of
	internal control over financial reporting, to Bingo.com, Ltd.'s auditors and
	the audit committee of Bingo.com, Ltd.'s board of directors (or persons
	performing the equivalent functions):

(a)  All significant deficiencies and
	material weaknesses in the design or operation of internal control over
	financial reporting which are reasonably likely to adversely affect
	Bingo.com, Ltd.'s ability to record, process, summarize and report financial
	information; and

(b)  Any fraud, whether or not material,
	that involves management or other employees who have a significant role in
	the registrant's internal control over financial reporting.

Signed: 
	/S/ T. M. Williams                                                       
	Date:August 13,
	2010

T. M. Williams, Chairman of the Board,

Chief Executive Officer and President

(Principal Executive Officer)

Page 26

EXHIBIT 31.2

CERTIFICATIONS

I, H. W. Bromley, certify that:

1.  I have reviewed this quarterly report
	on Form 10-Q of Bingo.com, Ltd.;

2.  Based on my knowledge, this report does
	not contain any untrue statement of a material fact or omit to state a
	material fact necessary to make the statements made, in light of the
	circumstances under which such statements were made, not misleading with
	respect to the period covered by this report;

3. Based on my knowledge, the financial
	statements, and other financial information included in this report, fairly
	present in all material respects the financial condition, results of
	operations and cash flows of Bingo.com, Ltd. as of, and for, the periods
	presented in this quarterly report;

4.  Bingo.com, Ltd.'s other certifying
	officer(s) and I are responsible for establishing and maintaining disclosure
	controls and procedures (as defined in Exchange Act Rules 13a-15(e) and
	15d-15(e)) and internal control over financial reporting (as defined in
	Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)   Designed such disclosure controls and
	procedures, or caused such disclosure controls and procedures to be designed
	under our supervision, to ensure that material information relating to
	Bingo.com, Ltd., including its consolidated subsidiaries, is made known to
	us by others within those entities, particularly during the period in which
	this report is being prepared;

(b)   Designed such internal control over
	financial reporting, or caused such internal control over financial
	reporting to be designed under our supervision, to provide reasonable
	assurance regarding the reliability of financial reporting and the
	preparation of financial statements for external purposes in accordance with
	generally accepted accounting principles;

(c)   Evaluated the effectiveness of
	Bingo.com, Ltd.'s disclosure controls and procedures and presented in this
	report our conclusions about the effectiveness of the disclosure controls
	and procedures, as of as of June 30, 2010, covered by this quarterly report
	based on such evaluation; and

(d)   Disclosed in this report any change
	Bingo.com, Ltd.'s internal control over financial reporting that occurred
	during Bingo.com, Ltd.'s most recent fiscal quarter that has materially
	affected, or is reasonably likely to materially affect, Bingo.com, Ltd.'s
	internal control over financial reporting; and

5. Bingo.com, Ltd.'s other certifying officer(s) and I have disclosed, based on our most recent evaluation of
	internal control over financial reporting, to Bingo.com, Ltd.'s auditors and
	the audit committee of Bingo.com, Ltd.'s board of directors (or persons
	performing the equivalent functions):

(a)  All significant deficiencies and
	material weaknesses in the design or operation of internal control over
	financial reporting which are reasonably likely to adversely affect
	Bingo.com, Ltd.'s ability to record, process, summarize and report financial
	information; and

(b)  Any fraud, whether or not material,
	that involves management or other employees who have a significant role in
	the registrant's internal control over financial reporting.

Signed:/S/ H. W. Bromley                                                     
	Date:August 13,
	2010

H.W. Bromley,

Chief Financial Officer

(Principal Accounting Officer)

Page 27

EXHIBIT 32.1

CERTIFICATION PURSUANT TO

18 U.S.C.
	SECTION 1350,

AS ADOPTED
	PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of
	Bingo.com, Ltd. (the "Company") on Form 10-Q for the period ended
	June 30, 2010, as filed with the
	Securities and Exchange Commission on the date hereof (the "Report"), I, T.
	M. Williams, Chief Executive Officer of the Company, certify, pursuant to 18
	U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act
	of 2002, that:

a)     
	The Report fully complies with the requirements of Section 13(a) or
	15(d) of the Securities Exchange Act of 1934; and

b)     
	The information contained in this Report fairly presents, in all
	material respects, the financial condition and results of operations of the
	Company.

/S/ T.M. Williams

T. M. Williams

President and
	Chief Executive Officer

August 13, 2010

A signed original of this written statement
	required by Section 906 has been provided to Bingo.com, Ltd. and will be
	retained by the company and furnished to the Securities and Exchange
	Commission or its staff upon request.

Page 28

EXHIBIT 32.2

CERTIFICATION PURSUANT TO

18 U.S.C.
	SECTION 1350,

AS ADOPTED
	PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of
	Bingo.com, Ltd. (the "Company") on Form 10-Q for the period ended
	June 30, 2010, as filed with the
	Securities and Exchange Commission on the date hereof (the "Report"), I, H.
	W. Bromley, Chief Financial Officer of the Company, certify, pursuant to 18
	U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act
	of 2002, that:

a)       
	The Report fully complies with the requirements of Section 13(a) or
	15(d) of the Securities Exchange Act of 1934; and

b)       
	The information contained in this Report fairly presents, in all
	material respects, the financial condition and results of operations of the
	Company.

/S/ H. W. Bromley

H. W. Bromley

Chief Financial
	Officer

August 13, 2010

A signed original of this written statement
	required by Section 906 has been provided to Bingo.com, Ltd. and will be
	retained by the company and furnished to the Securities and Exchange
	Commission or its staff upon request.

Page 29

EXHIBIT 10.34

Evans
	&
	Evans,
	Inc.

400
	BURRARD STREET

SUITE 1610

VANCOUVER, BRITISH COLUMBIA

CANADA, V6C 3A6

Tel:   (604) 408-2222

Fax:  (604) 408-2303

www.evansevans.com

July 29, 2010

BINGO.COM, LTD.

1405 -
 1166 Alberni
	Street

Vancouver, British
	Columbia V6E 3Z3

Attention: Independent
	Committee of the Board of Directors

Dear Sirs:

Re: Executive
	Summary of Comprehensive Valuation Report on the BCL Royalty

Introduction

Evans & Evans, Inc. ("Evans & Evans") was
	engaged by the Independent Committee of the Board of Directors (the
	"Committee") of Bingo.com, Ltd. ("BCL" or the "Company") to prepare a
	Comprehensive Valuation Report (the "Report") with regards to the fair
	market value of the BCL Royalty (refer to below for a description of the BCL
	Royalty).

On January 18, 1999, the Company purchased
	the exclusive right to use the domain name bingo.com for (i) a $200,000 cash
	payment, (ii) 500,000 shares of the Company's common stock and (iii) an
	agreement to pay, on an ongoing basis, the Domain Name Purchase Price
	("DNPP") amounting to 4% of the Company's annual gross revenues (the "BCL
	Royalty"), for the 99 year period ended December 31, 2098.  Management has
	noted the Company has entered into an agreement to crystallize the DNPP
	through a one-time payment of shares of Bingo.com.

The Report is intended to provide an opinion
	as to the fair market value of the BCL Royalty as at July 1, 2010 (the
	"Valuation Date").  The Report may be used, with Evans & Evans' permission,
	for inclusion in any public disclosure documents in connection with
	crystallizing the BCL Royalty into a one-time payment.

Evans & Evans, or its staff and associates,
	will not assume any legal and financial responsibility or liability for
	losses incurred by the Company and/or its respective directors, officers,
	management, advisors and representatives and or any other parties as a
	result of the circulation, publication, reproduction, or use of the Report,
	or any excerpts thereto as well as such use contrary to the provisions of
	this section of the Report.  Evans & Evans reserves the right to review all
	calculations included or referred to in the Report and, if Evans & Evans
	considers it necessary, to revise the Report in light of any information
	existing at the Valuation Date which becomes known to Evans & Evans after
	the date of the Report.

Evans
	&
	Evans,
	Inc.



BINGO.COM, LTD.

Executive Summary of Comprehensive Valuation Report

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The following is a summary of the material terms
of the final version of the Report dated July 27, 2010. This summary is not
intended to be complete and is qualified in its entirety by the full text of the
Report.  Evans & Evans believes that their analysis, as described in the Report,
must be considered as a whole and that to focus on specific portions of such
analysis and of the factors considered, without considering all analyses and
factors, could create an incomplete and misleading view of the processes
underlying the Report. The Report represents the opinion of Evans & Evans.

Definition of Fair Market Value

In this Report, fair market value is defined as
the highest price available in an open and unrestricted market between informed
and prudent parties, acting at arms' length and under no compulsion to act,
expressed in terms of cash.

With respect to the market for the shares of a
company viewed "en bloc" or an asset there are, in essence, as many "prices" for
any business interest as there are purchasers and each purchaser for a
particular "pool of assets", be it represented by overlying shares or the assets
themselves, can likely pay a price unique to it because of its ability to
utilize the assets in a manner peculiar to it.

In any open market transaction, a purchaser will
review a potential acquisition in relation to what economies of scale (e.g.,
reduced or eliminated competition, ensured source of material supply or sales,
cost savings arising on business combinations following acquisitions, and so
on), or "synergies" that may result from such an acquisition.

Theoretically, each corporate purchaser can be
presumed to be able to enjoy such economies of scale in differing degrees and
therefore each purchaser could pay a different price for a particular pool of
assets than can each other purchaser.  Based on our experience, it is only in
negotiations with such a special purchaser that potential synergies can be
quantified and even then, the purchaser is generally in a better position to
quantify the value of any special benefits than is the vendor.

In this engagement Evans & Evans has not exposed
the BCL Royalty for sale in the open market and was therefore unable to
determine the existence of any special interest purchasers who might be prepared
to pay a price equal or greater than the fair market value (assuming the
existence of special interest purchasers) outlined in the Report. As noted
above, special interest purchasers might be prepared to pay a price higher than
fair market value for the synergies noted above.

Scope of Review

In preparing the
Report, Evans & Evans relied on information provided by the management of BCL as
well as publicly available documents and information on the Company.  Documents
and sources of information utilized or reviewed by Evans included the
following:  For BCL: interviews with key members of BCL's management team; a
review of BCL's press releases for the preceding 24 months, EDGAR filings for
the preceding 12 months and share trading price for the preceding 12 months; a
review of BCL's website; a review of certain material agreements; a review of
audited and management prepared financial statements of BCL; a review of BCL's
forecasts; a review of various financial data related to BCL; a review of BCL's
market through various publications; a review of a summary of BCL's outstanding
securities; a review of information on Unibet International Limited ("Unibet");
and, interviews with competitors and a review of financial and stock market
trading of such entities where available.

Evans
	&
	Evans,
	Inc.



BINGO.COM, LTD.

Executive Summary of Comprehensive Valuation Report

Page 3



Assumptions

Evans & Evans made the following assumptions in
completing the Report as at the Valuation Date: (1) The Company's financial
information, as provided by the representatives of the Company, is assumed to be
accurate and complete. Evans & Evans has not verified the accuracy or
completeness of this financial data; (2) Evans & Evans has assumed that the
Company and all of its related parties and their principals have no current
and/or other contingent liabilities, unusual contractual arrangements, or
substantial commitments, other than in the ordinary course of business, nor
litigation pending or threatened, nor judgments rendered against, other than
those disclosed by management and included in the Report, (the Report is not a
formal fairness opinion) that would affect Evans & Evans' evaluation or
comments; (3) The Company has complied with all government taxation, import and
export and regulatory practices as well as all aspects of its contractual
agreements that would have an effect on the Report, and there are no other
material agreements entered into by the Company that are not disclosed in the
Report; and, (4) The Company has satisfactory title to all of its assets and
there are no liens or encumbrances on such assets nor have any assets been
pledged in any way.

Valuation Methodologies

In valuing an asset and/or a business, there is
no single or specific mathematical formula.  The particular approach and the
factors to consider will vary in each case. Where there is evidence of open
market transactions having occurred involving the shares, or operating assets,
of a business interest, those transactions may often form the basis for
establishing the value of the company. In the absence of open market
transactions, the three basic, generally-accepted approaches for valuing a
business interest are:

(a) The Income / Cash Flow Approach;

(b) The Market Approach; and

(c) The Cost or Asset-Based Approach.

Evans & Evans believed the most appropriate
method to determine the fair market value of the BCL Royalty was a weighted
approach giving consideration to two Income Approaches, namely a Modified
Discounted Cash Flow Method and a Capitalized Cash Flow Method.  The Modified
Discounted Cash Flow Method involves estimating the probability of future cash
flows to be derived from the BCL Royalty based on the information and
assessments outlined in the Report. The Modified Discounted Cash Flow Method was
deemed appropriate given the new agreement with Unibet which is expected to
increase revenues over historical levels.  Evans & Evans also deemed it
important to consider the historical cash flows associated with the BCL Royalty,
given the early stage of the Unibet agreement and accordingly the inability to
forecast how quickly revenues will grow.

Modified Discounted Cash Flow Method

A traditional discounted cash flow analysis was
combined with probability-weighted scenarios -
 this is referred to as a First
Chicago Method.  Such a method takes into consideration that a firm such as the
Company may:

1.      
Have varying degree of revenue growth for a number of years, partly
because of the high marketing costs for securing and retaining new players.

2.      
Market penetration may vary over time as the Company attempts to ramp up
marketing efforts in new geographic regions.

Evans
	&
	Evans,
	Inc.



BINGO.COM, LTD.

Executive Summary of Comprehensive Valuation Report

Page 4



3.      
Operating revenues that are somewhat uncertain (i.e., uncertainty with
respect to regulations in the gaming market and the Company's ability to capture
new players).

In assessing discount rates to management's
projections, Evans & Evans selected discount rates in the range of 25% to 30%.

Four separate discounted cash flow analyses were
performed to reflect the differing probabilities associated with achieving the
financial projections. The purpose of the probability weighting is to address
the uncertainty associated with the projected cash flows from the BCL Royalty
while utilizing traditional valuation approaches. Uncertainty of future results
is always the most difficult part of determining a reasonable fair market value
for a business and the use of probability-weighted scenarios is a way to manage
such uncertainty and provide a reasonable valuation conclusion.

The results of using these four different
scenarios above as well as applying appropriate discount rates in carrying out a
Modified Discounted Cash Flow Method results in a fair market value of the BCL
Royalty deemed to be $2.61 million

Capitalized Cash Flow Method

In undertaking a Capitalized Cash Flow Method
for the BCL Royalty, it is first necessary to determine the indicated after-tax
cash flow the BCL Royalty is capable of generating, i.e., the sustainable level
of after-tax cash flow which a notional purchaser would realize in the future
from the BCL Royalty.

A weighted average after-tax BCL Royalty of
$180,000 to $230,000 per annum results from multiplying the actual BCL Royalty
for fiscal years 2007, 2008, 2009 and budgeted 2010.

Under the Capitalized Cash Flow Method, the fair
market value of the BCL Royalty is in the range of $800,000.

Valuation Conclusion

In arriving at the low end of the range of value
for the BCL Royalty, Evans & Evans deemed it appropriate to rely more heavily on
the Capitalized Cash Flow Method as this is driven by the Company's actual
results and the historical levels of the BCL Royalty.

In arriving at the high end of the fair market
value, the Modified Discounted Cash Flow Method was given more weighting as this
is reflective of the results the Company anticipates in the future given the
change in business model that was driven by the agreement with Unibet.

It is the opinion of Evans & Evans, Inc., given
the scope of its engagement and with reference to its engagement letter that the
fair market value of the BCL Royalty as at the Valuation Date is in the range of
$1.4 million to $1.6 million.

Credentials of Evans, Inc.

Evans & Evans is a Canadian corporate finance
advisory and valuation firm with offices across Canada and also in the U.S. and
China. Evans & Evans offers a range of independent and advocate services
including valuation and fairness opinions, business planning and research,
mergers and acquisitions advice, business due diligence, market and competitive
research and capital formation assistance.

Evans
	&
	Evans,
	Inc.



BINGO.COM, LTD.

Executive Summary of Comprehensive Valuation Report

Page 5



Certification & Independence

The analyses, opinions, calculations and
conclusions were developed, and the Report were prepared in accordance with the
standards set forth by the Canadian Institute of Chartered Business Valuators. 
The fee established for the Report has not been contingent upon the value or
other opinions presented.

Evans & Evans has no present or prospective
interest in the Company or the BCL Royalty, and we have no personal interest
with respect to the parties involved.



Yours very truly,

"signed"

EVANS & EVANS, INC.

Evans
	&
	Evans,
	Inc.