<html>

<head>
<title>UNITED STATES</title>
</head>

<body>

<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:
normal"><font size="4">UNITED STATES</font>

</b></p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:
normal"><font size="4">SECURITIES AND EXCHANGE COMMISSION</font>

</b></p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><font size="4"><b>WASHINGTON,
DC 20549</b></font>

</p>
<p class="MsoNormal" align="center" style="text-align:center;mso-pagination:none;
mso-layout-grid-align:none;text-autospace:none"><b style="mso-bidi-font-weight:
normal">FORM 8-K

</b></p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:
normal">CURRENT
REPORT PURSUANT

</b></p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:
normal">TO
SECTION 13 OR 15(d)

</b></p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:
normal">OF
THE

</b></p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:
normal">SECURITIES
EXCHANGE ACT OF 1934

</b></p>

  <p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; mso-border-bottom-alt: solid windowtext .5pt; mso-padding-alt: 0cm 0cm 1.0pt 0cm; border-style: none; border-width: medium; margin-top: 0; margin-bottom: 0; padding: 0cm">

  </p>

  <p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; mso-border-bottom-alt: solid windowtext .5pt; mso-padding-alt: 0cm 0cm 1.0pt 0cm; border-bottom-style: solid; border-bottom-width: 1; margin-top: 0; margin-bottom: 0; padding: 0cm">December
  22, 2006

  </p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><font size="2">Date
of report (Date of earliest event reported)</font>

</p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<div style="border:none;border-bottom:solid windowtext .5pt;padding:0cm 0cm 1.0pt 0cm">
  <p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; mso-border-bottom-alt: solid windowtext .5pt; mso-padding-alt: 0cm 0cm 1.0pt 0cm; border-style: none; border-width: medium; margin-top: 0; margin-bottom: 0; padding: 0cm"><b style="mso-bidi-font-weight:normal">BINGO.COM, LTD.

  </b></p>
</div>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><font size="2">&nbsp;(Exact Name of Registrant as Specified in Its Charter)</font>

</p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt" width="634">
  <tr>
    <td width="239" valign="top" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
      <p class="MsoNormal" align="center" style="text-align: center; margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:
    normal">ANGUILLA&nbsp;


              </b></p>
    </td>
    <td width="104" valign="top" style="padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
      <p class="MsoNormal" align="center" style="text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;

      </p>
    </td>
    <td width="247" valign="top" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
      <p class="MsoNormal" align="center" style="text-align: center; margin-top: 0; margin-bottom: 0"><b>98-0206369</b></p>
    </td>
  </tr>
  <tr>
    <td width="239" valign="top" style="mso-border-top-alt: solid windowtext .5pt; border-style: none; border-width: medium; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
      <p class="MsoNormal" align="center" style="text-align: center; margin-top: 0; margin-bottom: 0"><font size="2">(State
      or other jurisdiction of incorporation or organization)</font></p>
    </td>
    <td width="104" valign="top" style="padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
      <p class="MsoNormal" align="center" style="text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;

      </p>
    </td>
    <td width="247" valign="top" style="mso-border-top-alt: solid windowtext .5pt; border-style: none; border-width: medium; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
      <p class="MsoNormal" align="center" style="text-align: center; margin-top: 0; margin-bottom: 0"><font size="2">(I.R.S.
      Employer Identification No.)</font></p>
    </td>
  </tr>
</table>
<p class="MsoNormal" align="center" style="text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<p class="MsoNormal" align="center" style="text-align: center; margin-top: 0; margin-bottom: 0"><font size="3">National Bank of Anguilla Corporate Building, 1<sup>St</sup> Floor</font>

</p>
<p class="MsoNormal" align="center" style="text-align: center; margin-top: 0; margin-bottom: 0"><font size="3">St Mary's Road, TV1 02P</font>

</p>
  <p class="MsoNormal" align="center" style="text-align: center; mso-border-bottom-alt: solid windowtext .5pt; mso-padding-alt: 0cm 0cm 1.0pt 0cm; border-bottom-style: solid; border-bottom-width: 1; margin-top: 0; margin-bottom: 0; padding: 0cm"><font size="3">The
  Valley, Anguilla, British West Indies</font></b>



  </p>
<p class="MsoNormal" align="center" style="text-align: center; margin-top: 0; margin-bottom: 0"><font size="2">(Address
of Principal Executive Offices)</font>

</p>

<p class="MsoNormal" align="center" style="text-align:center">&nbsp;

</p>
<div style="border:none;border-bottom:solid windowtext .5pt;padding:0cm 0cm 1.0pt 0cm">
  <p class="MsoNormal" align="center" style="text-align: center; mso-border-bottom-alt: solid windowtext .5pt; mso-padding-alt: 0cm 0cm 1.0pt 0cm; border-style: none; border-width: medium; margin-right: 15.1pt; margin-top: 0; margin-bottom: 0; padding: 0cm"><font size="3">(264) 461-2646</font>

  </p>
</div>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><font size="2">&nbsp;(Registrant's Telephone Number, Including Area Code)</font>

</p>

<p class="MsoNormal" style="mso-pagination:none;mso-layout-grid-align:none;
text-autospace:none">&nbsp;

</p>
<p class="MsoNormal" style="mso-pagination:none;mso-layout-grid-align:none;
text-autospace:none"><font size="3">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):</font>

</p>
<p class="MsoNormal" style="mso-pagination:none;mso-layout-grid-align:none;
text-autospace:none"><font size="3">[
] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)</font>

</p>
<p class="MsoNormal" style="mso-pagination:none;mso-layout-grid-align:none;
text-autospace:none"><font size="3">[
] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)</font>

</p>
<p class="MsoNormal" style="mso-pagination:none;mso-layout-grid-align:none;
text-autospace:none"><font size="3">[
] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))</font>

</p>
<p class="MsoNormal" style="mso-pagination:none;mso-layout-grid-align:none;
text-autospace:none"><font size="3">[
] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))</font>

</p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;

</p>
&nbsp;

<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:
normal">BINGO.COM, LTD.

</b></p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:normal"><u>Section
5 - Corporate Governance and Management

</u></b></p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><u><b style="mso-bidi-font-weight:normal">Item
5.0</b></u><u><font size="3"><b style="mso-bidi-font-weight: normal; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN-US; mso-spacerun: yes">5
Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the
Code of Ethics</b></font><b style="mso-bidi-font-weight:normal"><font size="3">.</font></b></u></p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><font size="3">On
December 21, 2006, the Board of Directors of Bingo.com, Ltd. (the
&quot;Board&quot;) adopted a new Code of Business Conduct and Ethics (the
&quot;Code&quot;), which applies</font> to the Company's directors, officers and employees.
The Code were adopted to further strengthen the Company's internal compliance program. The
  Code addresses among other things, honesty and integrity, fair dealing,
  conflicts of interest, compliance with laws, regulations and policies,
  including disclosure requirements under the federal securities laws, and
  administration of the code. &nbsp;The
  Code of Business Conduct and Ethics is attached as Exhibit 10.32 to this
  report on Form 8-K. The code will also be posted on the company's website at
  http://www.bingo.com/corp/governance.php
  in the Corporate section under Corporate Governance.

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:normal"><i style="mso-bidi-font-style:
normal"><font size="3">Section 9 - Financial Statements and Exhibits</font>

</i></b></p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:normal"><u><font size="3">Item
9.01 Financial Statements and Exhibits</font>

</u></b></p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><font size="3">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Financial Statements of Business(es) Acquired</font>

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><font size="3">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Not Applicable</font>

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><font size="3">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Pro forma Financial Information</font>

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><font size="3">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Not Applicable</font>

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><font size="3">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Exhibits</font>

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><font size="3">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Exhibit 10.32&nbsp;&nbsp;&nbsp;&nbsp; Code of Business Code&nbsp;</font>

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;&nbsp;<font size="3">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Exhibit 10.33&nbsp;&nbsp;&nbsp;&nbsp; Supplemental code of ethics for the chief executive officer and senior
financial officers</font>

</p>

<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

</p>

<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:
normal"><font size="3">SIGNATURES</font>

</b></p>

<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

</p>

<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><font size="3">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.</font>

</p>

<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b style="mso-bidi-font-weight:normal">BINGO.COM, LTD.

</b></p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(formerly Bingo.com, Inc.)

</p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">

</p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>

<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Per :&nbsp;&nbsp;&nbsp;&nbsp;<u> /s/ T. M.
Williams&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

</p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font size="3">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
T.M. Williams,</font>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><font size="3">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
President and Director</font>

</p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0" align="center">Page
1</p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;</p>

<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:
auto;text-align:center;mso-line-height-alt:11.25pt"><b style="mso-bidi-font-weight:
normal"><u>EXHIBIT 10.32</u></b></p>
<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:
auto;text-align:center;mso-line-height-alt:11.25pt"><b style="mso-bidi-font-weight:
normal">&nbsp;

</b></p>
<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:
auto;text-align:center;mso-line-height-alt:11.25pt"><b style="mso-bidi-font-weight:
normal">&nbsp;

</b></p>
<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:
auto;text-align:center;mso-line-height-alt:11.25pt"><b style="mso-bidi-font-weight:
normal">&nbsp;

</b></p>
<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:
auto;text-align:center;mso-line-height-alt:11.25pt"><b style="mso-bidi-font-weight: normal"><font size="6">BINGO.COM,
LTD.</font></b></p>
<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:
auto;text-align:center;mso-line-height-alt:11.25pt"><b style="mso-bidi-font-weight:
normal">&nbsp;

</b></p>
<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:
auto;text-align:center;mso-line-height-alt:11.25pt"><b style="mso-bidi-font-weight:
normal"><font size="5">CODE OF BUSINESS CONDUCT AND ETHICS</font>

</b></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt"><b style="mso-bidi-font-weight:normal">&nbsp;

</b></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt"><b style="mso-bidi-font-weight:normal">&nbsp;

</b></p>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page 1</p>


  <p class="MsoNormal" align="center" style="text-align: center; margin-top: 0"><b style="mso-bidi-font-weight:
normal">TABLE OF CONTENTS</b></p>
    <table border="0" width="665" cellspacing="1">
      <tr>
        <td width="68" col="2"></td>
        <td width="484"></td>
        <td width="93" align="center">
          <u>PAGE</u></td>
      </tr>
      <tr>
        <td width="558" col="2" bgcolor="#66FFFF" colspan="2"><b>Introductory
          Letter</b></td>
        <td width="93" align="center" bgcolor="#66FFFF">3</td>
      </tr>
      <tr>
        <td width="558" col="2" bgcolor="#FFFFFF" colspan="2"><b style="mso-bidi-font-weight:normal">Code of Ethics:

</b></td>
        <td width="93" align="center" bgcolor="#FFFFFF">&nbsp;</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#66FFFF" align="right">i</td>
        <td width="484" bgcolor="#66FFFF">&nbsp;&nbsp; Introduction /
          Administration</td>
        <td width="93" align="center" bgcolor="#66FFFF">4</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#FFFFFF" align="right">ii</td>
        <td width="484" bgcolor="#FFFFFF">&nbsp;&nbsp; Compliance with
          Laws/Conflicts of Interest</td>
        <td width="93" align="center" bgcolor="#FFFFFF">5</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#66FFFF" align="right">iii</td>
        <td width="484" bgcolor="#66FFFF">&nbsp;&nbsp; Bribery and Improper
          Payments</td>
        <td width="93" align="center" bgcolor="#66FFFF">6</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#FFFFFF" align="right">iv</td>
        <td width="484" bgcolor="#FFFFFF">&nbsp;&nbsp; Public Disclosures</td>
        <td width="93" align="center" bgcolor="#FFFFFF">8</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#66FFFF" align="right">v</td>
        <td width="484" bgcolor="#66FFFF">&nbsp;&nbsp; Document Retention</td>
        <td width="93" align="center" bgcolor="#66FFFF">8</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#FFFFFF" align="right">vi</td>
        <td width="484" bgcolor="#FFFFFF">&nbsp;&nbsp; Handling of Confidential
          Information</td>
        <td width="93" align="center" bgcolor="#FFFFFF">9</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#66FFFF" align="right">vii</td>
        <td width="484" bgcolor="#66FFFF">&nbsp;&nbsp; Use of Bingo Assets</td>
        <td width="93" align="center" bgcolor="#66FFFF">9</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#FFFFFF" align="right">viii</td>
        <td width="484" bgcolor="#FFFFFF">&nbsp;&nbsp; Use of Computers and
          Networks</td>
        <td width="93" align="center" bgcolor="#FFFFFF">9</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#66FFFF" align="right">ix</td>
        <td width="484" bgcolor="#66FFFF">&nbsp;&nbsp; Fair Dealing</td>
        <td width="93" align="center" bgcolor="#66FFFF">10</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#FFFFFF" align="right">x</td>
        <td width="484" bgcolor="#FFFFFF">&nbsp;&nbsp; Competitive Information
          Gathering</td>
        <td width="93" align="center" bgcolor="#FFFFFF">10</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#66FFFF" align="right">xi</td>
        <td width="484" bgcolor="#66FFFF">&nbsp;&nbsp; Media and Public
          Inquiries</td>
        <td width="93" align="center" bgcolor="#66FFFF">10</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#FFFFFF" align="right">xii</td>
        <td width="484" bgcolor="#FFFFFF">&nbsp;&nbsp; Delegation of Authority</td>
        <td width="93" align="center" bgcolor="#FFFFFF">10</td>
      </tr>
      <tr>
        <td width="558" col="2" bgcolor="#66FFFF" colspan="2"><b style="mso-bidi-font-weight:
normal">Bingo.com Employees:

</b></td>
        <td width="93" align="center" bgcolor="#66FFFF">&nbsp;</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#FFFFFF" align="right">i</td>
        <td width="484" bgcolor="#FFFFFF">&nbsp;&nbsp; Open Door Policy</td>
        <td width="93" align="center" bgcolor="#FFFFFF">11</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#66FFFF" align="right">ii</td>
        <td width="484" bgcolor="#66FFFF">&nbsp;&nbsp; Discrimination and
          Harassment</td>
        <td width="93" align="center" bgcolor="#66FFFF">11</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#FFFFFF" align="right">iii&nbsp;</td>
        <td width="484" bgcolor="#FFFFFF">
  &nbsp;&nbsp; Health and Safety</td>
        <td width="93" align="center" bgcolor="#FFFFFF">11</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#66FFFF" align="right">iv.</td>
        <td width="484" bgcolor="#66FFFF">&nbsp;&nbsp; Abuse of Drugs and
          Alcohol&nbsp;</td>
        <td width="93" align="center" bgcolor="#66FFFF">11</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#FFFFFF" align="right">v.</td>
        <td width="484" bgcolor="#FFFFFF">&nbsp;&nbsp; Disclosure of non-public
          information</td>
        <td width="93" align="center" bgcolor="#FFFFFF">12</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#66FFFF" align="right">vi.</td>
        <td width="484" bgcolor="#66FFFF">&nbsp;&nbsp; Reporting of Violations</td>
        <td width="93" align="center" bgcolor="#66FFFF">13</td>
      </tr>
      <tr>
        <td width="68" bgcolor="#FFFFFF" align="right">vii</td>
        <td width="484" bgcolor="#FFFFFF">
  &nbsp;&nbsp; Compliance</td>
        <td width="93" align="center" bgcolor="#FFFFFF">13</td>
      </tr>
      <tr>
        <td width="558" col="2" bgcolor="#66FFFF" colspan="2"><b style="mso-bidi-font-weight:
normal">Related Bingo Policies</b></td>
        <td width="93" align="center" bgcolor="#66FFFF">14</td>
      </tr>
      <tr>
        <td width="558" col="2" bgcolor="#FFFFFF" colspan="2"><b style="mso-bidi-font-weight:
normal">Approval and Amendment</b></td>
        <td width="93" align="center" bgcolor="#FFFFFF">14</td>
      </tr>
      <tr>
        <td width="558" col="2" bgcolor="#66FFFF" colspan="2"><b style="mso-bidi-font-weight:
normal">Acknowledgement</b></td>
        <td width="93" align="center" bgcolor="#66FFFF">15</td>
      </tr>

      <tr>
        <td width="558" col="2" bgcolor="#FFFFFF" colspan="2"><b style="mso-bidi-font-weight:
normal">Schedule A</b></td>
        <td width="93" align="center" bgcolor="#FFFFFF">16</td>
      </tr>
    </table>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    2</p>


<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt">To our Officers, Directors and Employees,

</p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt">The Bingo.com Code of Ethics is intended to
promote ethical and professional behavior by Bingo.com and its subsidiaries
("Bingo.com") employees, contractors, officers and directors. Bingo.com is
committed to delivering and maintaining the highest standards of ethical conduct
in all its endeavors. Bingo encourages a culture of honesty, integrity,
professionalism, accountability and mutual respect. These values should be
administered in all interactions with customers, vendors, clients, stockholders
and employees.

</p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt">The following Code of Ethics outlines the guidelines and
policies of business conduct expected of all Bingo.com employees, contractors,
officers, and directors.&nbsp; While our business will change over time, our
commitment to these standards is very important to the company's continued
success.

</p>
<p class="MsoBodyText3">All
employees, contractors, officers and directors are encouraged to read
Bingo.com's Code of Business Conduct and Ethics. Your continued service with
Bingo.com requires that you adhere fully to this Code as your conduct reflects
on Bingo.com's reputation and the success of the company.

</p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt">Thank you for your continued support,

</p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt">Bingo.com, Ltd.

</p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt">&nbsp;

</p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt">&nbsp;

</p>
<div align="center">
  <center>
  <pre><font face="Times New Roman" size="3">National Bank of Anguilla Corporate Building, 1St Floor
St Mary's Road, TV1 02P
The Valley, Anguilla, B.W.I</font></pre>
  </center>
</div>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    3</p>


<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" align="center"><b>CODE
OF ETHICS</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">INTRODUCTION</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">This
Code has been approved by Bingo.com, Ltd.'s Board of Directors (the
&quot;Board&quot;) and is intended to assist all employees, officers, directors,
agents and contractors of Bingo.com, Ltd. and each of its direct and indirect
subsidiaries (&quot;Bingo.com&quot;) to maintain the highest standards of
ethical conduct in corporate affairs.&nbsp; This Code is intended to comply with
Canadian securities law requirements and Section 406 of the Sarbanes-Oxley Act
of 2002.&nbsp; Specifically, the purpose of this Code is:

</p>
<ul>
  <li>
    <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-indent: -18.0pt; line-height: 11.25pt; mso-list: l22 level1 lfo11; tab-stops: list 36.0pt; margin-left: 36.0pt; margin-top: 6pt; margin-bottom: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    to encourage among Bingo.com Representatives a culture of honesty,
    accountability and mutual respect;</li>
  <li>
    <p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:36.0pt;text-indent:-18.0pt;line-height:11.25pt;mso-list:l22 level1 lfo11;
tab-stops:list 36.0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; to provide guidance to
    help Bingo.com Representatives recognize ethical issues; and &nbsp;</li>
  <li>
    <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-indent: -18.0pt; line-height: 11.25pt; mso-list: l22 level1 lfo11; tab-stops: list 36.0pt; margin-left: 36.0pt; margin-top: 6pt; margin-bottom: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    to provide mechanisms to support the resolution of ethical issues.</li>
</ul>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">ADMINISTRATION</b>&nbsp;&nbsp;

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">The
Board is ultimately responsible for the implementation and administration of
this Code and has designated a Compliance Officer for the day-to-day
implementation and administration of this Code.&nbsp; From time to time, the
Board may change this designation and may also designate one or more Assistant
Compliance Officers to fill in at times when the Compliance Officer may be
otherwise unavailable, such as during his or her vacation. The Board's current
designations, together with contact information, are set out in Schedule A to
this Code.&nbsp; Bingo.com Representatives should direct questions concerning
this Code to the VP Corporate Affairs.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">While
this Code is designed to provide helpful guidelines, it is not intended to
address every situation.&nbsp; Dishonest or unethical conduct or conduct that is
illegal will constitute a violation of this Code, regardless of whether such
conduct is specifically referenced in this Code.&nbsp; Bingo.com Representatives
should conduct their business affairs in such a manner that Bingo.com's
reputation will not be impugned if the details of their dealings should become a
matter of public discussion.&nbsp; Bingo.com Representatives shall not engage in
any activity that adversely affects the reputation or integrity of Bingo.com.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">It
is not intended that there be any waivers granted under the Code.&nbsp; In the
unlikely event that a waiver is considered, in order to be granted it must
receive prior approval by the Board if it includes a director or an executive
officer, or by the Board or the President and Chief Executive Officer of
Bingo.com (the &quot;Chief Executive Officer&quot;) in the case of any other
Bingo.com Representative.&nbsp; Any waiver or amendment will be disclosed
promptly in accordance with applicable securities laws and Bingo.com's
Disclosure Policy.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">If
laws or other policies and codes of conduct differ from this Code, or if there
is a question as to whether this Code applies to a particular situation,
Bingo.com Representatives should check with the Compliance Officer before
acting.&nbsp; If there are any questions about any situation, Bingo.com
Representatives should ask the Compliance Officer how to handle the situation.&nbsp;
However, every supervisor and manager is responsible for helping employees to
understand and comply with the Code.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
will take such disciplinary or preventive action as it deems appropriate to
address any existing or potential violation of this Code brought to its
attention.&nbsp; Any Bingo.com Representative in a situation that he or she
believes may violate or lead to a violation of this Code should follow the
compliance procedures described in the section entitled &quot;Reporting of
Violations Procedure&quot; below.

</p>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    4</p>


<b style="mso-bidi-font-weight:normal">OVERVIEW
</b>
<p class="MsoNormal">It is the policy of Bingo.com to apply high standards of
courtesy, professionalism and honesty in our interactions with customers,
shareholders, suppliers, co-workers and the community.&nbsp;&nbsp; This Code
governs the business-related conduct of all Bingo.com Representatives,
including, but not limited to, the Chief Executive Officer and the Chief
Financial Officer and all other officers and employees of Bingo.com. &nbsp;

</p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt"><b style="mso-bidi-font-weight:normal">COMPLIANCE WITH LAWS</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">A
variety of laws apply to Bingo.com and its operations.&nbsp; It is Bingo.com's
policy to comply with all applicable laws, including employment, discrimination,
health, safety, antitrust, securities, banking and environmental laws.&nbsp; No
Bingo.com Representative has authority to violate any law or to direct another
Bingo.com Representative or other person to violate any law on behalf of
Bingo.com.&nbsp; Each Bingo.com Representative is expected to comply with all
such laws, as well as rules and regulations adopted under such laws.&nbsp;&nbsp;

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Violations
of laws may subject a Bingo.com Representative to individual criminal or civil
liability, as well as to discipline by Bingo.com.&nbsp; Such individual
violations may also subject Bingo.com to civil or criminal liability or the loss
of reputation or business.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Many
of the laws applicable to Bingo.com and Bingo.com Representatives are complex
and fact specific.&nbsp; If any Bingo.com Representative has questions
concerning a specific situation, he or she should contact the Compliance Officer
before taking any action.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">CONFLICTS
OF INTEREST</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
Representatives are expected to make or participate in business decisions and
actions in the course of their relationship with Bingo.com based on the best
interests of Bingo.com and not based on personal relationships or benefits.&nbsp;
A conflict of interest, which can occur or appear to occur in a wide variety of
situations, may compromise a Bingo.com Representative's ability to act
ethically. &nbsp;

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Generally
speaking, a conflict of interest occurs when the personal interest of a
Bingo.com Representative, an immediate family member of a Bingo.com
Representative or a person with whom a Bingo.com Representative has a close
personal relationship interferes with, or has the potential to interfere with,
the interests or business of Bingo.com.&nbsp; For example, a conflict of
interest may occur where a Bingo.com Representative, his or her family member or
person with whom he or she has a close personal relationship receives a gift, a
unique advantage or an improper personal benefit as a result of the Bingo.com
Representative's position at Bingo.com.&nbsp; A conflict of interest could make
it difficult for a Bingo.com Representative to perform corporate duties
objectively and effectively because he or she is involved in a competing
interest. &nbsp;

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">The
following is a discussion of certain common areas that raise conflict of
interest issues.&nbsp; However, a conflict of interest can occur in a variety of
situations.&nbsp; Bingo.com Representatives must be alert to recognize any
situation that may raise conflict of interest issues and must disclose to the
Compliance Officer any material transaction or relationship that reasonably
could be expected to give rise to actual, or the perception of, conflicts of
interest with Bingo.com.&nbsp; Any Bingo.com Representative who becomes aware of
a conflict or potential conflict should bring it to the attention of the
Compliance Officer or follow the compliance procedures described in the section
entitled &quot;Reporting of Violations Procedure&quot; below.&nbsp;&nbsp;
Transactions as defined in applicable securities regulations between related
parties will not be&nbsp;

</p>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    5</p>


<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">conflicts
of interest under this Code if they are reviewed and approved in accordance with
the requirements of those regulations.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; page-break-after: avoid"><b style="mso-bidi-font-weight:
normal">Outside Activities/Employment</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; page-break-after: avoid">Any
outside activity must not significantly encroach on the time and attention
Bingo.com Representatives devote to their duties for Bingo.com and should not
adversely affect the quality or quantity of their work.&nbsp; In addition,
Bingo.com Representatives may not imply Bingo.com's sponsorship or support of
any outside activity that is not official Bingo.com business, and under no
circumstances are Bingo.com Representatives permitted to take for themselves or
their family members business opportunities that are discovered or made
available by virtue of their positions at Bingo.com.&nbsp; Moreover, except as
permitted by the following paragraph or by the Board or the Compliance Officer,
no Bingo.com employee may perform services for or have a financial interest in
any entity that is, or to such employee's knowledge may become, a vendor, client
or competitor of Bingo.com, excepting such personal investments in publicly
traded companies, where such investment is not material to that company or to
the employee (see paragraph below).&nbsp; Bingo.com employees are prohibited
from taking part in any outside employment or directorships without the prior
written approval of the Chief Executive Officer or the Compliance Officer,
except for minor and unrelated employment and for directorships on charitable
Boards that in each case do not interfere with the employee's duties to
Bingo.com. &nbsp;

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">No
Bingo.com employee may acquire securities of a customer, supplier or other party
if ownership of the securities would be likely to affect adversely either the
employee's ability to exercise independent professional judgment on behalf of
Bingo.com or the quality of such employee's work.&nbsp;Bingo.com Representatives
must always follow Bingo.com's other policies concerning the trading of
securities, including those further described in this Code.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">Civic/Political
Activities</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
Representatives are encouraged to participate in civic, charitable or political
activities so long as such participation does not encroach on the time and
attention they are expected to devote to their Bingo.com-related duties.&nbsp;
Such activities are to be conducted in a manner that does not create an
appearance of Bingo.com's involvement or endorsement.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">Inventions,
Books and Publications</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com Representatives must receive written
permission from the Chief Executive Officer or the Compliance Officer before
developing, outside of Bingo.com, any products, software or intellectual
property that may be related to Bingo.com's current or potential business.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">Loans
to Executive Officers and Directors</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
will not make loans or extend credit or provide guarantees to or for the
personal benefit of executive officers or directors. &nbsp;

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">BRIBERY
AND OTHER IMPROPER PAYMENTS</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">No
Bingo.com Representative may, directly or indirectly, give, offer, demand,
solicit or accept a bribe to or from anyone in the course of conducting business
on behalf of Bingo.com, including in order to obtain or retain business, or for
any other advantage.&nbsp;&nbsp; No Bingo.com Representative may, directly or
indirectly, give, offer, demand, solicit or accept any improper payment to or
from anyone in the course of conducting&nbsp;

</p>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    6</p>


<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">business
on behalf of Bingo.com, including in order to obtain or retain business, or for
any other advantage.&nbsp; Improper payments include, without limitation, any
gift, gratuity, reward, advantage or benefit of any kind (monetary or
non-monetary).&nbsp;&nbsp; For greater certainty, a third party intermediary,
such as an agent or family member, cannot be used to further any bribe or
improper payment or otherwise violate the spirit of this Code.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">Dealings
with Government and Public Officials</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
strictly prohibits any payment to any public official that violates the laws of
any jurisdiction in which Bingo.com operates. Bingo.com strictly prohibits any
Bingo.com Representative from giving, offering, promising, demanding, soliciting
or receiving, directly or indirectly, any bribe or improper payment, using
corporate or personal funds, to or from public officials of any government or
governmental agency for the purpose of obtaining or retaining business, or for
any other reason.&nbsp; Any offer of or request for any bribe or improper
payment must be reported to the Compliance Officer. Bingo.com strictly prohibits
any person from making any payment if such person knows or reasonably believes
that all or a portion of the payment will be offered, given or promised,
directly or indirectly, to any public official of any government or governmental
agency for the purposes of assisting Bingo.com in obtaining or retaining
business.&nbsp;&nbsp; Public officials include, without limitation:

</p>
<ul>
  <li>
    <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-indent: -18.0pt; mso-list: l21 level1 lfo13; tab-stops: list 36.0pt; margin-left: 36.0pt; margin-top: 6pt; margin-bottom: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    political parties or officials thereof, political candidates and elected or
    appointed representatives of any government or governmental agency holding a
    legislative, administrative or judicial position at any level;</li>
  <li>
    <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-indent: -18.0pt; mso-list: l21 level1 lfo13; tab-stops: list 36.0pt; margin-left: 36.0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    a person who performs public duties or functions, including a person
    employed by a board, commission, corporation or other body or authority that
    is established to perform a duty or function on behalf of the government, or
    is performing such a duty or function; and</li>
  <li>
    <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-indent: -18.0pt; mso-list: l21 level1 lfo13; tab-stops: list 36.0pt; margin-left: 36.0pt; margin-top: 6pt; margin-bottom: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    an official or agent of a public international organization that is formed
    by two or more states or governments, or by two or more such public
    international organizations.</li>
</ul>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">For
greater certainty, Bingo.com may make contributions to political parties or
committees or to individual politicians only in accordance with applicable law
and all such payments must be reported to the Compliance Officer.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">Gifts
and Business Courtesies</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
strictly prohibits any payment to any person that violates the laws of any
jurisdiction in which Bingo.com operates. Except to the extent specifically
permitted below, Bingo.com strictly prohibits any person from giving, offering,
promising, demanding, soliciting or receiving, directly or indirectly, a gift,
or using corporate or personal funds, in such a way that could influence or
reasonably give the appearance of influencing Bingo.com's business relationship
with another person.&nbsp; Any offer of or request for such a gift or use of
funds must be reported to the Compliance Officer.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">Exceptions</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
does not prohibit the giving or receiving of gifts of nominal or token value to
or from non-government suppliers and customers, provided that they are not for
the express purpose of obtaining or retaining business or some other advantage
for Bingo.com and provided that they are otherwise lawful.&nbsp;&nbsp; Bingo.com
does not prohibit expenditures of amounts for meals, entertainment and travel
expenses in connection with conferences and other promotional activities for
non-government suppliers and customers that are ordinary and customary business
expenses, if they are otherwise lawful.&nbsp; These expenditures should be
included on expense reports and approved pursuant to Bingo.com's standard&nbsp;

</p>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    7</p>


<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">procedures.&nbsp;&nbsp;
Gifts include, without limitation, material goods, as well as services,
promotional premiums and discounts.&nbsp;&nbsp; Bingo.com does not prohibit the
giving or receiving of rewards, advantages or benefits that are permitted or
required under the written laws of a government for which a public official
performs duties or functions.&nbsp;&nbsp; Bingo.com does not prohibit payments
made that are otherwise lawful in respect of reasonable expenses incurred in
good faith by or on behalf of the public official that are directly related to
the promotion, demonstration or explanation of Bingo.com's products and
services, or the execution or performance of a contract between Bingo.com and
the government for which the official performs duties or functions.&nbsp;&nbsp;
Bingo.com does not prohibit facilitation payments that are otherwise lawful.&nbsp;
Facilitation payments are payments made to expedite or secure the performance by
a public official of any act of a routine nature that is part of the public
officials' duties or functions, including:

</p>
<ul>
  <li>
    <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-indent: -18.0pt; mso-list: l10 level1 lfo12; tab-stops: list 36.0pt; margin-left: 36.0pt; margin-top: 6pt; margin-bottom: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    the issuance of a permit, license or other documents to qualify a person to
    do business;</li>
  <li>
    <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-indent: -18.0pt; mso-list: l10 level1 lfo12; tab-stops: list 36.0pt; margin-left: 36.0pt; margin-top: 6pt; margin-bottom: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    the processing of official documents, such as visas and work permits;</li>
  <li>
    <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-indent: -18.0pt; mso-list: l10 level1 lfo12; tab-stops: list 36.0pt; margin-left: 36.0pt; margin-top: 6pt; margin-bottom: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    the provision of services normally offered to the public, such as mail
    pick-up and delivery;</li>
  <li>
    <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-indent: -18.0pt; mso-list: l10 level1 lfo12; tab-stops: list 36.0pt; margin-left: 36.0pt; margin-top: 6pt; margin-bottom: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    telecommunication services and power and water supply; and</li>
  <li>
    <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-indent: -18.0pt; mso-list: l10 level1 lfo12; tab-stops: list 36.0pt; margin-left: 36.0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    the provision of services normally provided as required, such as police
    protection, loading and unloading of cargo, the protection of perishable
    products or commodities from deterioration or the scheduling of inspections
    related to contract performance or transit of goods.</li>
</ul>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Any
facilitation payments must be recorded as such in the accounting records of
Bingo.com.&nbsp; Further, such facilitation payments shall not exceed the fees
lawfully required by the public official for the function requested.&nbsp; For
greater certainty, an act of routine nature does not include a decision to award
new business or to continue business with a particular party, including a
decision on the terms of that business, or encouraging another person to make
any such decision.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Caution
should be exercised with respect to these exceptions.&nbsp; If there is any
doubt as to the legitimacy of a payment under this policy or under any law,
advice should be sought from the Compliance Officer.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">PUBLIC
DISCLOSURES</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
has an obligation in compliance with applicable laws to make full, fair,
accurate, timely and understandable disclosure in its financial records and
statements, in reports and documents that it files with or submits to securities
regulatory authorities and in its other public communications. &nbsp;

</p>
<p class="MsoBodyText">In furtherance of this obligation, each Bingo.com
Representative in performing his or her duties shall act in good faith,
responsibly, with due care, competence and diligence, without misrepresenting
material facts or allowing one's independent judgment to be subordinated, in
order to ensure that to the best of his or her knowledge Bingo.com's books,
records, accounts and financial statements are maintained accurately and in
reasonable detail, appropriately reflect Bingo.com's transactions, are honestly
and accurately reflected in its publicly available reports and communications
and conform to applicable legal requirements and Bingo.com's system of internal
controls, including Bingo.com's Disclosure Policy.

</p>
<h4>DOCUMENT RETENTION

</h4>
<p class="MsoBodyText2">Bingo.com follows a set of guidelines for retaining and
disposing of company records based on the Company's needs and the legal,
regulatory, tax, and employment requirements.&nbsp; Inactive documents are
stored to protect from damage.&nbsp; Records must be kept on site or in other
Company approved locations. All records are to be labelled so as to be easily
recognizable and available for Bingo auditors and attorneys, as necessary.

</p>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    8</p>


<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">HANDLING
OF CONFIDENTIAL INFORMATION</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">In
addition to the restrictions regarding material non-public information set forth
in the Disclosure Policy, Bingo.com Representatives should observe the
confidentiality of information that they acquire by virtue of their relationship
with Bingo.com, including information concerning Bingo.com and its customers,
suppliers and competitors and other Bingo.com Representatives, except where
disclosure is approved by an executive officer of Bingo.com or otherwise legally
mandated.&nbsp; In addition, Bingo.com Representatives must safeguard
proprietary information, which includes information that is not generally known
to the public and has commercial value in Bingo.com's business.&nbsp;
Proprietary information includes, among other things, business methods,
analytical tools, software programs, source and object codes, trade secrets,
ideas, techniques, inventions (whether patentable or not) and other information
relating to economic analysis, designs, algorithms and research.&nbsp; It also
includes information relating to marketing, pricing, clients, and terms of
compensation for Bingo.com Representatives.&nbsp; The obligation to preserve
proprietary information continues even after employment ends. In addition to
violating this Code and Bingo.com policy, unauthorized use or distribution of
proprietary information could also be illegal and result in civil or even
criminal penalties.&nbsp; Bingo.com considers its intellectual property and
confidential information important assets and may bring suit against employees
or former employees to defend its rights vigorously.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">USE
OF BINGO.COM ASSETS</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
(together with its subsidiaries) assets, including facilities, funds, materials,
supplies, time, information, intellectual property, software, corporate
opportunities and other assets owned or leased by Bingo.com or any subsidiaries,
or that are otherwise in Bingo.com's possession, may be used only for legitimate
business purposes of Bingo.com.&nbsp; Bingo.com assets are not to be
misappropriated, loaned to others, donated, sold or used for personal use,
except for any activities that have been approved in writing by the Chief
Executive Officer or the Compliance Officer in advance, or for personal usage
that is minor in amount and reasonable.&nbsp; Bingo.com Representatives are to
report any theft or suspected theft to the Compliance Officer.&nbsp; No
Bingo.com Representative should knowingly invoke a program or code that could
damage Bingo.com's assets.

</p>
<h4>USE OF COMPANY COMPUTERS AND
NETWORKS

</h4>
<p class="MsoBodyText" style="margin:0cm;margin-bottom:.0001pt;line-height:normal">Bingo.com
will provide you with the necessary equipment to do your job. None of this
equipment should be removed from the physical confines of the office unless it
is approved and your job specifically requires use of company equipment outside
the physical facility.

</p>
<p class="MsoBodyText" style="margin:0cm;margin-bottom:.0001pt;line-height:normal">&nbsp;

</p>
<p class="MsoBodyText" style="margin:0cm;margin-bottom:.0001pt;line-height:normal">Internet
and email access are provided to all Bingo.com officers and employees.
Computers, software and any other technology employees have access to in order
to perform your job is Bingo.com's property. Any non-business usage must be done
with good judgment and restraint. Management will limit non-business usage if it
interferes with an individual's productivity. If unsure whether an activity is
considered inappropriate, employees are to discuss it with a supervisor.

</p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt">Certain uses of the Company's computers and
network are considered inappropriate and forbidden at all times. This includes
the following:

</p>
<ul type="disc">
  <li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
     line-height:11.25pt;mso-list:l13 level1 lfo16;tab-stops:list 36.0pt">Accessing/Downloading
    pornographic material, racist, sexist, or ethnically insensitive

    </li>
  <li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
     line-height:11.25pt;mso-list:l13 level1 lfo16;tab-stops:list 36.0pt">Conducting
    personal business activity

    </li>
  <li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
     line-height:11.25pt;mso-list:l13 level1 lfo16;tab-stops:list 36.0pt">Posting
    information about the Company business in chat rooms, bulletin boards, news
    groups, unless authorized to do so

    </li>
</ul>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    9</p>


<ul type="disc">
  <li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
     line-height:11.25pt;mso-list:l13 level1 lfo16;tab-stops:list 36.0pt">Sending
    email chain letters or other mailings that take up computing resources

    </li>
</ul>
<p class="MsoBodyText3">This policy
applies to anyone who is authorized to use Bingo.com's computers, network,
email, hardware, software, voicemail, Internet, storage devices, and databases
whether at the office or via remote access.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">FAIR
DEALING</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Each
Bingo.com Representative should deal fairly and in good faith with other
Bingo.com Representatives, security holders, customers, suppliers, regulators,
business partners and competitors.&nbsp; No Bingo.com Representative may take
unfair advantage of anyone through manipulation, concealment, misrepresentation,
inappropriate threats, fraud, abuse of confidential information or any other
intentional unfair-dealing practice.

</p>
<h4>COMPETITIVE INFORMATION
GATHERING

</h4>
<p class="MsoBodyText">Gathering
information about competitors is a legitimate and important part of
understanding the competition and the industry. However, the information should
not be gathered directly or indirectly by improper means, such as bribery,
encouraging someone to breach a non-disclosure agreement or making improper
requests of a competitor, or by deceit. The improper collection of competitive
information could lead to individual or corporate lawsuits or even imprisonment.
Bingo.com requests that all employees gather competitive information, as it is a
great asset to the Company, however the information should be gathered in an
ethical, honest manner.

</p>
<p class="MsoBodyText"><b style="mso-bidi-font-weight:normal">MEDIA
AND PUBLIC INQUIRIES

</b></p>
<p class="MsoBodyText">Bingo.com is
committed to delivering accurate and reliable information to the public, media,
employees, shareholders, and directors. All public disclosures such as press
releases, financials, and other communications are intended to be accurate and
timely. To ensure consistent release of information to the media, employees are
discouraged from answering questions from the media, analysts, stockholders or
other members of the public. If unauthorized to answer such questions, request
the individual's information and forward it to the Compliance Officer.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">DELEGATION
OF AUTHORITY</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Each Bingo.com Representative, and particularly
each of Bingo.com's executive officers, must exercise reasonable care to
ensure that any permitted delegation of authority is reasonable and appropriate
in scope, and includes appropriate and continuous monitoring.

</p>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    10</p>


<p align="center">
<b style="mso-bidi-font-weight:normal"><font size="4">BINGO.COM EMPLOYEES:</font>
</b>
<p class="MsoBodyText"><b style="mso-bidi-font-weight:normal">OPEN
DOOR POLICY

</b></p>
<p class="MsoBodyText">Bingo.com
promotes an open door policy. Most issues can be resolved before they become a
major problem. All employees, officers, directors and contractors are encouraged
to present Bingo.com with their ideas, concerns, and questions relating to this
Code, especially those of legal or ethical nature, to the Compliance Officer.
All officers, directors, and employees are responsible for supporting this
policy by maintaining an "open door" for anyone who may reach out to them.

</p>
<p class="MsoBodyText"><b style="mso-bidi-font-weight:normal">DISCRIMINATION
AND HARASSMENT</b>

</p>
<p class="MsoBodyText">Bingo.com
believes its most important asset is our employees. Bingo.com seeks to provide
an enjoyable working environment where all officers, directors, contractors and
employees have the opportunity to reach their full potential and contribute to
Bingo.com's success.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
is committed to equal opportunity and employment equity. The diversity of
Bingo.com Representatives is a valued asset.&nbsp; Bingo.com is firmly committed
to providing equal opportunity in all aspects of employment and will not
tolerate any illegal discrimination or harassment of any kind.&nbsp; Examples of
conduct that will not be tolerated include derogatory comments based on racial,
ethnic or religious characteristics and unwelcome sexual advances or comments.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">HEALTH
AND SAFETY</b>&nbsp;

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
strives to provide each Bingo.com Representative with a safe and healthy work
environment.&nbsp; Each Bingo.com Representative has responsibility for
maintaining a safe and healthy workplace for all Bingo.com Representatives by
following safety and health rules and practices and promptly reporting
accidents, injuries and unsafe equipment, practices or conditions.&nbsp;&nbsp;
Violence and threatening behavior will not be tolerated.&nbsp; Bingo.com
Representatives should report to work in condition to perform their duties, free
from the influence of illegal drugs or excessive alcohol.&nbsp; The use of
illegal drugs or excessive alcohol in the workplace will not be tolerated.

</p>
<h5>ABUSE OF DRUGS AND ALCOHOL

</h5>
<p class="MsoBodyTextIndent" style="margin-left:0cm;tab-stops:36.0pt">Bingo.com
is committed to providing a drug free environment. Not only can the use and/or
abuse of drugs and alcohol jeopardize the health, safety and well being of the
individual user and other co-workers, but it also results in absenteeism and
productivity concerns.&nbsp;</p>
<p class="MsoBodyTextIndent" style="margin-left:0cm;tab-stops:36.0pt">This
policy prohibits employees from such use that impairs his/her performance of
work on the job, as well as prohibiting use while on Company business at any
time, whether on the property or off.</p>
<p class="MsoNormal" align="left" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:
auto;text-align:left;line-height:11.25pt;page-break-after:avoid"><b style="mso-bidi-font-weight:normal">DISCLOSURE OF NONPUBLIC
INFORMATION

</b></p>
<p class="MsoNormal" style="mso-layout-grid-align:none;text-autospace:none">Bingo.com
forbids unauthorized disclosure of material non-public information about the
Company. Any person who possesses Material Nonpublic Information regarding the
Company is an Insider under this Policy for so long as the information that he
or she possesses has not been publicly disclosed by the Company and not been
allowed to disseminate in the market. While directors and officers may be
Insiders on a regular and somewhat continuous basis, any employee or consultant
can be an Insider from time to time depending upon the type of information that
the employee or consultant comes into contact with in the performance of his or
her duties with the Company.&nbsp;

</p>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    11</p>


<p class="MsoNormal" style="mso-layout-grid-align:none;text-autospace:none">Insiders
are prohibited from utilizing Material Nonpublic Information acquired by the
Insider in the workplace for their own personal or economic benefit and are
further prohibited from disclosing any Material Nonpublic Information to any
person who is not authorized by the Company to have access to such information.

</p>
<p class="MsoNormal" style="mso-layout-grid-align:none;text-autospace:none"><b style="mso-bidi-font-weight:normal">Specific
Prohibitions Applicable to All Insiders

</b></p>
<ol style="margin-top:0cm" start="1" type="1">
  <li class="MsoNormal" style="mso-list:l17 level1 lfo15;tab-stops:list 36.0pt;
     mso-layout-grid-align:none;text-autospace:none"><b style="mso-bidi-font-weight:
     normal"><i style="mso-bidi-font-style:normal">Purchasing or Selling on
    Material Nonpublic Information</i></b>. Insiders shall not purchase, sell,
    offer to purchase or offer to sell any Company stock or other securities,
    including any derivative securities relating to Company stock, during any
    period that he or she possesses Material Nonpublic Information regarding the
    Company.

    </li>
</ol>
<ol style="margin-top:0cm" start="2" type="1">
  <li class="MsoNormal" style="mso-list:l17 level1 lfo15;tab-stops:list 36.0pt;
     mso-layout-grid-align:none;text-autospace:none"><b style="mso-bidi-font-weight:
     normal"><i style="mso-bidi-font-style:normal">Tipping of Material Nonpublic
    Information</i></b>. An Insider shall not disclose (&quot;tip&quot;)
    Material Nonpublic Information to any person (including a family or
    household member) who is not specifically authorized by the Company to have
    access to such information. If the Material Nonpublic Information is used by
    the person tipped by the Insider to purchase or sell Company securities, the
    Insider will be legally responsible for the consequences of the purchase or
    sale as if he or she was purchasing or selling for his or her own account.
    Likewise, an Insider shall not make any recommendation or express opinion
    about Company securities to any other person on the basis of Material
    Nonpublic Information regarding the Company, even if the Insider does not
    actually tip the Material Nonpublic Information to the other person.

    </li>
</ol>
<p class="MsoNormal" style="margin-left:37.05pt;text-indent:-19.05pt;mso-layout-grid-align:
none;text-autospace:none"><b style="mso-bidi-font-weight:normal"><i style="mso-bidi-font-style:normal">3.&nbsp;&nbsp;
Confidentiality of Material Nonpublic Information</i></b>. All Material
Nonpublic Information relating to the Company is the property of the Company and
the Company has the sole and exclusive right to determine how and when to
disclose such information to the public.&nbsp;

</p>
<p class="MsoNormal" style="margin-left:36.0pt;mso-layout-grid-align:none;
text-autospace:none">Unless specifically authorized by the Company, no Insider
may disclose Material Nonpublic Information publicly or otherwise.

</p>
<p class="MsoNormal" style="margin-left:34.2pt;text-indent:-16.2pt;mso-layout-grid-align:
none;text-autospace:none"><b style="mso-bidi-font-weight:normal"><i style="mso-bidi-font-style:normal">4.&nbsp;&nbsp;
Definition of Material Nonpublic Information</i></b>.&nbsp; It is not possible
to define all categories of material information concerning the Company.
However, information should be treated as &quot;Material Nonpublic
Information&quot; if there is a reasonable likelihood that the information would
be considered important to a reasonable investor in making an investment
decision with respect to the purchase or sale of Company securities; and the
information has not been previously disclosed by the Company to the general
public.

</p>
<p class="MsoNormal" style="margin-left:36.0pt;mso-layout-grid-align:none;
text-autospace:none">In all cases in which an Insider is not certain that
information in his or her possession is Material Nonpublic Information, the
Insider should exercise caution and treat the information as if it is Material
Nonpublic Information. There are, however, general categories of information
that are particularly important to the Company and, as a general rule, should
always be considered material, regardless of whether to information is
considered to be positive or negative to a particular investment decision.

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-left: 36.0pt; margin-top: 6pt; margin-bottom: 6pt">Examples of these
types of information include:

</p>
<ol style="margin-top:0cm" start="1" type="1">
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">financial condition or
      results;

      </li>
  </ul>
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">projections of future
      financial condition or results;

      </li>
  </ul>
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">receipt of or delay in
      receiving any key regulatory approvals;

      </li>
  </ul>
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">significant new research
      and development or product announcements;

      </li>
  </ul>
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">significant product defects
      or modifications;

      </li>
  </ul>
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">pending or proposed
      acquisitions or mergers;

      </li>
  </ul>
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">pending or proposed
      dispositions of significant amounts of assets;

      </li>
  </ul>
</ol>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    12</p>


<ol style="margin-top:0cm" start="1" type="1">
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">pending or proposed
      partnerships, acquisitions, joint ventures, spin-offs;

      </li>
  </ul>
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">impending defaults on
      indebtedness, bankruptcy or other financial liquidity problem;

      </li>
  </ul>
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">stock splits, reverse stock
      splits, recapitalization plans;

      </li>
  </ul>
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">pending or proposed equity
      or debt offerings;

      </li>
  </ul>
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">significant financial
      exposure in actual or threatened litigation;

      </li>
  </ul>
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">major changes in senior
      management;

      </li>
  </ul>
  <ul style="margin-top:0cm" type="disc">
    <li class="MsoNormal" style="mso-list:l15 level2 lfo14;tab-stops:list 72.0pt;
      mso-layout-grid-align:none;text-autospace:none">
      <p style="margin-top: 6pt; margin-bottom: 6pt">significant changes in
      dividend policy

      </li>
  </ul>
</ol>
<h5>REPORTING OF VIOLATIONS PROCEDURE

</h5>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; page-break-after: avoid"><b style="mso-bidi-font-weight:
normal">General Policy Regarding Report of Violations</b>
 &nbsp;

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; page-break-after: avoid">Bingo.com
Representatives who observe, learn of, or, in good faith, suspect a violation of
this Code must immediately report the violation pursuant to the procedures for
submission of complaints and concerns set out in the Bingo.com's Whistle Blower
Policy.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">COMPLIANCE</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">Adherence
to Code and Disciplinary Action</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">All
Bingo.com Representatives have a responsibility to understand and follow this
Code. In addition, all Bingo.com Representatives are expected to perform their
work with honesty and integrity in all areas not specifically addressed in this
Policy.&nbsp; Bingo.com will discipline any Bingo.com Representative who
violates this Code or related practices.&nbsp; The determination of the
appropriate discipline will be made by the Chief Executive Officer of Bingo.com
or by the Board of Directors.&nbsp; Such discipline may include, among other
things, written notice to the Bingo.com Representative that Bingo.com has
determined that there has been a violation, censure by Bingo.com, demotion or
re-assignment, suspension with or without pay or benefits, or termination of the
Bingo.com Representative's relationship with Bingo.com.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Records of all violations of this Code and the
disciplinary action taken will be maintained by the Compliance Officer and will
be placed in the Bingo.com Representative's personnel file.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
will notify and cooperate with the police or other governmental authorities
regarding acts of Bingo.com Representatives involving violations of law.&nbsp;
In addition, some violations may result in Bingo.com bringing suit against
employees or former employees to defend its rights vigorously.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">Communications</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Bingo.com
strongly encourages dialogue among Bingo.com Representatives and their
supervisors to make everyone aware of situations that give rise to ethical
questions and to articulate acceptable ways of handling those situations.&nbsp;&nbsp;&nbsp;
The Compliance Officer shall provide a report to the Board at least quarterly on
investigations and other significant matters arising under this Code.

</p>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    13</p>


<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight:normal">Responsibility
of Senior Employees</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Officers and other managerial employees are
expected to promote honest and ethical conduct, including the ethical handling
of actual or apparent conflicts of interest between personal and professional
relationships. Managerial employees may be disciplined if they condone
misconduct, do not report misconduct, do not take reasonable measures to detect
misconduct or do not demonstrate the appropriate leadership to insure
compliance.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" align="center"><b style="mso-bidi-font-weight:normal">RELATED
BINGO.COM POLICIES</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">This
Code should be read in conjunction with Bingo.com's other related policy
documents, including the Disclosure Policy.&nbsp; This Code supplements any
contractual obligation any person may have under the terms of any agreements
with Bingo.com.&nbsp; This Code is not intended to create any contract (express
or implied) with any person, including, without limitation, any employment or
consulting contract, or to constitute any promise that a person's employment or
consulting arrangement will not be terminated except for cause.

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" align="center"><b style="mso-bidi-font-weight:normal">APPROVAL
AND AMENDMENT</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">This
version of this Code was approved and adopted by the Board of Directors of
Bingo.com, Ltd. on December 21, 2006.&nbsp; Bingo.com is committed to reviewing
and updating its policies and procedures on a continuing basis.&nbsp; This Code
may be revised, changed or amended at any time by the Board of Directors and
amendment to the Code will be disclosed promptly to Bingo.com Representatives
and will be disclosed publicly in accordance with applicable securities laws.

</p>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    14</p>


<p align="center"><b style="mso-bidi-font-weight:normal">ACKNOWLEDGMENT</b>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">The
undersigned Bingo.com Representative hereby acknowledges that he or she has
received a copy of Bingo.com's Code of Business Conduct and Ethics applicable to
Bingo.com Representatives and that he or she has read and understood this Code
in its entirety and agrees to abide by it.&nbsp; The undersigned Bingo.com
Representative acknowledges that it is his or her responsibility to seek
clarification from the office of Bingo.com's General Counsel if any application
of the Code to a particular circumstance is not clear.&nbsp; The Bingo.com
Representative acknowledges that the Bingo.com Representative's continued
service with Bingo.com requires the Bingo.com Representative to adhere fully to
this Code and that failure to do so can result in disciplinary action up to and
including termination of the Bingo.com Representative's employment.

</p>
<p class="MsoNormal">Acknowledged and agreed:</p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>/s/ &quot; T. M.
Williams&quot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; margin-top: 0; margin-bottom: 0">Name:&nbsp;<u>T.
M. Williams,&nbsp;</u>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>President and </u><u>Chief Executive Officer</u>

</p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
line-height:11.25pt">Dated:&nbsp; <u>December 21,
2006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

</p>

    <p class="MsoNormal" style="tab-stops: 3.0cm right dotted 467.5pt; border-bottom-style: solid; border-bottom-color: #808080; margin-left: 21.3pt" align="center">Page
    15</p>


<p class="MsoNormal" align="center" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: 11.25pt; margin-top: 0; margin-bottom: 0"><b style="mso-bidi-font-weight:
normal">Schedule A</b>

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: 11.25pt; margin-top: 0; margin-bottom: 0">The
Board has made the following designations:

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: 11.25pt; margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: 11.25pt; margin-top: 0; margin-bottom: 0"><u>Compliance Officer</u>:
&nbsp;

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
Henry Bromley

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
Bingo.com, Ltd.

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">National
Bank of Anguilla Corporate Building,&nbsp;</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">1st
Floor St Mary's Road,&nbsp;</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">TV1
02P</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">The
Valley,</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">Anguilla,</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">British
West Indies</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">Telephone:
264-461-2646

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
Facsimile:&nbsp;&nbsp; 604-694-0301

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
&nbsp;

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
Email: henry@bingo.com

</p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><u>
General Counsel:

</u></p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
&nbsp;

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
Gerald Tuskey

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
Suite 1000, 409 Granville St

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: one; margin-top: 0; margin-bottom: 0">
Vancouver, BC

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
V6C 1T2

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
Canada

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
Telephone: 604-681-9588

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">Facsimile:&nbsp;&nbsp;
604-681-4760

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
&nbsp;

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">
Email: gtuskey@telus.net

</p>
<p class="MsoNormal" style="mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

</p>

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    16</p>


<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0" align="center"><u><b style="mso-bidi-font-weight:
normal">EXHIBIT 10.33</b></u></p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0" align="center">&nbsp;</p>

<p class="MsoBodyText" align="center"><b>SUPPLEMENTAL CODE OF ETHICS FOR THE
CHIEF EXECUTIVE OFFICER AND SENIOR FINANCIAL OFFICERS</b>

</p>
<p class="MsoNormal">Bingo.com, Ltd. ("Bingo.com") has a Code of Ethics applicable to all
officers, directors and employees of the Company. The Chief Executive Officer (CEO)
and all senior financial officers, including the Chief Financial Officer and
Controller, are bound by the provisions set forth therein relating to ethical
conduct, conflicts of interest and compliance with laws. In addition to the
Code, the CEO and all senior financial officers of Bingo.com are subject to the
following additional policies:

</p>
<ol start="1" type="1">
  <li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:
     auto;line-height:11.25pt;mso-list:l1 level1 lfo2;tab-stops:list 36.0pt">
    <p style="line-height: 100%">Bingo.com's
    CEO and all senior financial officers have an obligation in compliance with
    applicable laws to make full, fair, accurate, timely and understandable
    disclosure in its financial records and statements, in reports and documents
    that it files with or submits to securities regulatory authorities and in
    its other public communications. &nbsp; It is the responsibility of the CEO
    and each senior financial officer to report to Bingo.com's Audit Committee
    any untrue statement of material fact and any omission of material fact of
    which he or she may become aware that the disclosures made by Bingo.com in
    its public filings.

    </li>
</ol>
<ol start="2" type="1">
  <li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:
     auto;line-height:11.25pt;mso-list:l1 level1 lfo2;tab-stops:list 36.0pt">
    <p style="line-height: 100%">The
    CEO and each senior financial officer shall promptly report to Bingo.com's
    Audit Committee any information that he or she may have concerning (a)
    significant deficiencies in the design or operation of disclosure and
    internal controls that could adversely affect the Company's ability to
    record, process, summarize, and report financial data or (b) any fraud,
    whether or not material, that involves management&nbsp;
    or other employees who have a significant role in the Company's
    financial reporting, disclosures, or internal controls.

    </li>
</ol>
<ol start="3" type="1">
  <li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:
     auto;line-height:11.25pt;mso-list:l1 level1 lfo2;tab-stops:list 36.0pt">
    <p style="line-height: 100%">The
    CEO and each senior financial officer shall promptly report to Bingo.com's
    Compliance Officer any information he or she may have concerning any
    violation of the Code or this Supplemental Code, including any actual or
    apparent conflicts of interest between personal and professional
    relationships involving any management or other employees who have a
    significant role in the Company's financial reporting disclosure or
    internal controls.

    </li>
</ol>
<ol start="4" type="1">
  <li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:
     auto;line-height:11.25pt;mso-list:l1 level1 lfo2;tab-stops:list 36.0pt">
    <p style="line-height: 100%">The
    CEO and each senior financial officer shall promptly report to Bingo.com's
    Audit Committee any information he or she may have concerning evidence of a
    material violation of securities or other laws, rules or regulations
    applicable to the Company and the operations of its business, by the Company
    or any officer, director or employee thereof.

    </li>
</ol>

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    1</p>


<ol start="5" type="1">
  <li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:
     auto;line-height:11.25pt;mso-list:l1 level1 lfo2;tab-stops:list 36.0pt">
    <p style="line-height: 100%">The
    Board of Directors of Bingo.com (the "Board") shall designate and
    determine appropriate actions to be taken in the event of a violation of the
    Code, or this Supplementary Code, by the CEO or any senior financial
    officers.&nbsp; Such actions shall be
    reasonably designed to deter wrongdoing and to promote accountability for
    adherence to the Code and to this Supplemental Code and shall include (i)
    written notices to the individual involved that the Board has determined
    that there has been a violation; (ii) censure by the Board; (iii) demotion
    or re-assignment of the individual involved; (iv) suspension with or without
    pay or benefits, as determined by the Board; and (v) termination of the
    individual's employment. In determining what action to take in a
    particular case, the Board shall take into account all relevant information,
    including the nature and severity of the violation, whether the violation
    was a single occurrence or repeated offense, whether the violation appears
    to have been intentional or inadvertent, whether the individual in question
    had been advised prior to the violation as to the proper course of action
    and whether or not the individual in question had committed other violations
    in the past.

    </li>
</ol>

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    2</p>


</body>

</html>
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{"company-data": {"conformed-name": "BINGO.COM LTD.", "cik": "0001318482", "assigned-sic": "7900", "irs-number": "000000000", "state-of-incorporation": "1A", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-120120-01", "film-number": "061298162"}, "business-address": {"street1": "NATIONAL BANK OF ANGUILLA CORP. BUILDING", "street2": "1ST FLOOR, ST. MARY", "city": "THE VALLEY", "state": "1A", "zip": "0000000", "phone": "264 497 8129"}, "mail-address": {"street1": "NATIONAL BANK OF ANGUILLA CORP. BUILDING", "street2": "1ST FLOOR, ST. MARY", "city": "THE VALLEY", "state": "1A", "zip": "0000000"}}
UNITED STATES
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM 8-K
CURRENT
REPORT PURSUANT
TO
SECTION 13 OR 15(d)
OF
THE
SECURITIES
EXCHANGE ACT OF 1934
December
  22, 2006
Date
of report (Date of earliest event reported)
BINGO.COM, LTD.
(Exact Name of Registrant 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, 1
St
Floor
St Mary's Road, TV1 02P
The
  Valley, Anguilla, British West Indies
(Address
of Principal Executive Offices)
(264) 461-2646
(Registrant's Telephone Number, Including Area Code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
[
] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[
] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[
] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
BINGO.COM, LTD.
Section
5 - Corporate Governance and Management
Item
5.0
5
Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the
Code of Ethics
.
On
December 21, 2006, the Board of Directors of Bingo.com, Ltd. (the
"Board") adopted a new Code of Business Conduct and Ethics (the
"Code"), which applies
to the Company's directors, officers and employees.
The Code were adopted to further strengthen the Company's internal compliance program. The
  Code addresses among other things, honesty and integrity, fair dealing,
  conflicts of interest, compliance with laws, regulations and policies,
  including disclosure requirements under the federal securities laws, and
  administration of the code.  The
  Code of Business Conduct and Ethics is attached as Exhibit 10.32 to this
  report on Form 8-K. The code will also be posted on the company's website at
  http://www.bingo.com/corp/governance.php
  in the Corporate section under Corporate Governance.
Section 9 - Financial Statements and Exhibits
Item
9.01 Financial Statements and Exhibits
(a)           
Financial Statements of Business(es) Acquired
Not Applicable
(b)       
Pro forma Financial Information
Not Applicable
(c)       
Exhibits
Exhibit 10.32     Code of Business Code
Exhibit 10.33     Supplemental code of ethics for the chief executive officer and senior
financial officers
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
BINGO.COM, LTD.
(formerly Bingo.com, Inc.)
Per :
/s/ T. M.
Williams
T.M. Williams,
President and Director
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1
EXHIBIT 10.32
BINGO.COM,
LTD.
CODE OF BUSINESS CONDUCT AND ETHICS
Page 1
TABLE OF CONTENTS
PAGE
Introductory
          Letter
3
Code of Ethics:
i
Introduction /
          Administration
4
ii
Compliance with
          Laws/Conflicts of Interest
5
iii
Bribery and Improper
          Payments
6
iv
Public Disclosures
8
v
Document Retention
8
vi
Handling of Confidential
          Information
9
vii
Use of Bingo Assets
9
viii
Use of Computers and
          Networks
9
ix
Fair Dealing
10
x
Competitive Information
          Gathering
10
xi
Media and Public
          Inquiries
10
xii
Delegation of Authority
10
Bingo.com Employees:
i
Open Door Policy
11
ii
Discrimination and
          Harassment
11
iii
Health and Safety
11
iv.
Abuse of Drugs and
          Alcohol
11
v.
Disclosure of non-public
          information
12
vi.
Reporting of Violations
13
vii
Compliance
13
Related Bingo Policies
14
Approval and Amendment
14
Acknowledgement
15
Schedule A
16
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To our Officers, Directors and Employees,
The Bingo.com Code of Ethics is intended to
promote ethical and professional behavior by Bingo.com and its subsidiaries
("Bingo.com") employees, contractors, officers and directors. Bingo.com is
committed to delivering and maintaining the highest standards of ethical conduct
in all its endeavors. Bingo encourages a culture of honesty, integrity,
professionalism, accountability and mutual respect. These values should be
administered in all interactions with customers, vendors, clients, stockholders
and employees.
The following Code of Ethics outlines the guidelines and
policies of business conduct expected of all Bingo.com employees, contractors,
officers, and directors.  While our business will change over time, our
commitment to these standards is very important to the company's continued
success.
All
employees, contractors, officers and directors are encouraged to read
Bingo.com's Code of Business Conduct and Ethics. Your continued service with
Bingo.com requires that you adhere fully to this Code as your conduct reflects
on Bingo.com's reputation and the success of the company.
Thank you for your continued support,
Bingo.com, Ltd.
National Bank of Anguilla Corporate Building, 1St Floor
St Mary's Road, TV1 02P
The Valley, Anguilla, B.W.I
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CODE
OF ETHICS
INTRODUCTION
This
Code has been approved by Bingo.com, Ltd.'s Board of Directors (the
"Board") and is intended to assist all employees, officers, directors,
agents and contractors of Bingo.com, Ltd. and each of its direct and indirect
subsidiaries ("Bingo.com") to maintain the highest standards of
ethical conduct in corporate affairs.  This Code is intended to comply with
Canadian securities law requirements and Section 406 of the Sarbanes-Oxley Act
of 2002.  Specifically, the purpose of this Code is:
to encourage among Bingo.com Representatives a culture of honesty,
    accountability and mutual respect;
to provide guidance to
    help Bingo.com Representatives recognize ethical issues; and
to provide mechanisms to support the resolution of ethical issues.
ADMINISTRATION
The
Board is ultimately responsible for the implementation and administration of
this Code and has designated a Compliance Officer for the day-to-day
implementation and administration of this Code.  From time to time, the
Board may change this designation and may also designate one or more Assistant
Compliance Officers to fill in at times when the Compliance Officer may be
otherwise unavailable, such as during his or her vacation. The Board's current
designations, together with contact information, are set out in Schedule A to
this Code.  Bingo.com Representatives should direct questions concerning
this Code to the VP Corporate Affairs.
While
this Code is designed to provide helpful guidelines, it is not intended to
address every situation.  Dishonest or unethical conduct or conduct that is
illegal will constitute a violation of this Code, regardless of whether such
conduct is specifically referenced in this Code.  Bingo.com Representatives
should conduct their business affairs in such a manner that Bingo.com's
reputation will not be impugned if the details of their dealings should become a
matter of public discussion.  Bingo.com Representatives shall not engage in
any activity that adversely affects the reputation or integrity of Bingo.com.
It
is not intended that there be any waivers granted under the Code.  In the
unlikely event that a waiver is considered, in order to be granted it must
receive prior approval by the Board if it includes a director or an executive
officer, or by the Board or the President and Chief Executive Officer of
Bingo.com (the "Chief Executive Officer") in the case of any other
Bingo.com Representative.  Any waiver or amendment will be disclosed
promptly in accordance with applicable securities laws and Bingo.com's
Disclosure Policy.
If
laws or other policies and codes of conduct differ from this Code, or if there
is a question as to whether this Code applies to a particular situation,
Bingo.com Representatives should check with the Compliance Officer before
acting.  If there are any questions about any situation, Bingo.com
Representatives should ask the Compliance Officer how to handle the situation. 
However, every supervisor and manager is responsible for helping employees to
understand and comply with the Code.
Bingo.com
will take such disciplinary or preventive action as it deems appropriate to
address any existing or potential violation of this Code brought to its
attention.  Any Bingo.com Representative in a situation that he or she
believes may violate or lead to a violation of this Code should follow the
compliance procedures described in the section entitled "Reporting of
Violations Procedure" below.
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OVERVIEW
It is the policy of Bingo.com to apply high standards of
courtesy, professionalism and honesty in our interactions with customers,
shareholders, suppliers, co-workers and the community.   This Code
governs the business-related conduct of all Bingo.com Representatives,
including, but not limited to, the Chief Executive Officer and the Chief
Financial Officer and all other officers and employees of Bingo.com.
COMPLIANCE WITH LAWS
A
variety of laws apply to Bingo.com and its operations.  It is Bingo.com's
policy to comply with all applicable laws, including employment, discrimination,
health, safety, antitrust, securities, banking and environmental laws.  No
Bingo.com Representative has authority to violate any law or to direct another
Bingo.com Representative or other person to violate any law on behalf of
Bingo.com.  Each Bingo.com Representative is expected to comply with all
such laws, as well as rules and regulations adopted under such laws.
Violations
of laws may subject a Bingo.com Representative to individual criminal or civil
liability, as well as to discipline by Bingo.com.  Such individual
violations may also subject Bingo.com to civil or criminal liability or the loss
of reputation or business.
Many
of the laws applicable to Bingo.com and Bingo.com Representatives are complex
and fact specific.  If any Bingo.com Representative has questions
concerning a specific situation, he or she should contact the Compliance Officer
before taking any action.
CONFLICTS
OF INTEREST
Bingo.com
Representatives are expected to make or participate in business decisions and
actions in the course of their relationship with Bingo.com based on the best
interests of Bingo.com and not based on personal relationships or benefits. 
A conflict of interest, which can occur or appear to occur in a wide variety of
situations, may compromise a Bingo.com Representative's ability to act
ethically.
Generally
speaking, a conflict of interest occurs when the personal interest of a
Bingo.com Representative, an immediate family member of a Bingo.com
Representative or a person with whom a Bingo.com Representative has a close
personal relationship interferes with, or has the potential to interfere with,
the interests or business of Bingo.com.  For example, a conflict of
interest may occur where a Bingo.com Representative, his or her family member or
person with whom he or she has a close personal relationship receives a gift, a
unique advantage or an improper personal benefit as a result of the Bingo.com
Representative's position at Bingo.com.  A conflict of interest could make
it difficult for a Bingo.com Representative to perform corporate duties
objectively and effectively because he or she is involved in a competing
interest.
The
following is a discussion of certain common areas that raise conflict of
interest issues.  However, a conflict of interest can occur in a variety of
situations.  Bingo.com Representatives must be alert to recognize any
situation that may raise conflict of interest issues and must disclose to the
Compliance Officer any material transaction or relationship that reasonably
could be expected to give rise to actual, or the perception of, conflicts of
interest with Bingo.com.  Any Bingo.com Representative who becomes aware of
a conflict or potential conflict should bring it to the attention of the
Compliance Officer or follow the compliance procedures described in the section
entitled "Reporting of Violations Procedure" below.  
Transactions as defined in applicable securities regulations between related
parties will not be
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conflicts
of interest under this Code if they are reviewed and approved in accordance with
the requirements of those regulations.
Outside Activities/Employment
Any
outside activity must not significantly encroach on the time and attention
Bingo.com Representatives devote to their duties for Bingo.com and should not
adversely affect the quality or quantity of their work.  In addition,
Bingo.com Representatives may not imply Bingo.com's sponsorship or support of
any outside activity that is not official Bingo.com business, and under no
circumstances are Bingo.com Representatives permitted to take for themselves or
their family members business opportunities that are discovered or made
available by virtue of their positions at Bingo.com.  Moreover, except as
permitted by the following paragraph or by the Board or the Compliance Officer,
no Bingo.com employee may perform services for or have a financial interest in
any entity that is, or to such employee's knowledge may become, a vendor, client
or competitor of Bingo.com, excepting such personal investments in publicly
traded companies, where such investment is not material to that company or to
the employee (see paragraph below).  Bingo.com employees are prohibited
from taking part in any outside employment or directorships without the prior
written approval of the Chief Executive Officer or the Compliance Officer,
except for minor and unrelated employment and for directorships on charitable
Boards that in each case do not interfere with the employee's duties to
Bingo.com.
No
Bingo.com employee may acquire securities of a customer, supplier or other party
if ownership of the securities would be likely to affect adversely either the
employee's ability to exercise independent professional judgment on behalf of
Bingo.com or the quality of such employee's work. Bingo.com Representatives
must always follow Bingo.com's other policies concerning the trading of
securities, including those further described in this Code.
Civic/Political
Activities
Bingo.com
Representatives are encouraged to participate in civic, charitable or political
activities so long as such participation does not encroach on the time and
attention they are expected to devote to their Bingo.com-related duties. 
Such activities are to be conducted in a manner that does not create an
appearance of Bingo.com's involvement or endorsement.
Inventions,
Books and Publications
Bingo.com Representatives must receive written
permission from the Chief Executive Officer or the Compliance Officer before
developing, outside of Bingo.com, any products, software or intellectual
property that may be related to Bingo.com's current or potential business.
Loans
to Executive Officers and Directors
Bingo.com
will not make loans or extend credit or provide guarantees to or for the
personal benefit of executive officers or directors.
BRIBERY
AND OTHER IMPROPER PAYMENTS
No
Bingo.com Representative may, directly or indirectly, give, offer, demand,
solicit or accept a bribe to or from anyone in the course of conducting business
on behalf of Bingo.com, including in order to obtain or retain business, or for
any other advantage.   No Bingo.com Representative may, directly or
indirectly, give, offer, demand, solicit or accept any improper payment to or
from anyone in the course of conducting
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business
on behalf of Bingo.com, including in order to obtain or retain business, or for
any other advantage.  Improper payments include, without limitation, any
gift, gratuity, reward, advantage or benefit of any kind (monetary or
non-monetary).   For greater certainty, a third party intermediary,
such as an agent or family member, cannot be used to further any bribe or
improper payment or otherwise violate the spirit of this Code.
Dealings
with Government and Public Officials
Bingo.com
strictly prohibits any payment to any public official that violates the laws of
any jurisdiction in which Bingo.com operates. Bingo.com strictly prohibits any
Bingo.com Representative from giving, offering, promising, demanding, soliciting
or receiving, directly or indirectly, any bribe or improper payment, using
corporate or personal funds, to or from public officials of any government or
governmental agency for the purpose of obtaining or retaining business, or for
any other reason.  Any offer of or request for any bribe or improper
payment must be reported to the Compliance Officer. Bingo.com strictly prohibits
any person from making any payment if such person knows or reasonably believes
that all or a portion of the payment will be offered, given or promised,
directly or indirectly, to any public official of any government or governmental
agency for the purposes of assisting Bingo.com in obtaining or retaining
business.   Public officials include, without limitation:
political parties or officials thereof, political candidates and elected or
    appointed representatives of any government or governmental agency holding a
    legislative, administrative or judicial position at any level;
a person who performs public duties or functions, including a person
    employed by a board, commission, corporation or other body or authority that
    is established to perform a duty or function on behalf of the government, or
    is performing such a duty or function; and
an official or agent of a public international organization that is formed
    by two or more states or governments, or by two or more such public
    international organizations.
For
greater certainty, Bingo.com may make contributions to political parties or
committees or to individual politicians only in accordance with applicable law
and all such payments must be reported to the Compliance Officer.
Gifts
and Business Courtesies
Bingo.com
strictly prohibits any payment to any person that violates the laws of any
jurisdiction in which Bingo.com operates. Except to the extent specifically
permitted below, Bingo.com strictly prohibits any person from giving, offering,
promising, demanding, soliciting or receiving, directly or indirectly, a gift,
or using corporate or personal funds, in such a way that could influence or
reasonably give the appearance of influencing Bingo.com's business relationship
with another person.  Any offer of or request for such a gift or use of
funds must be reported to the Compliance Officer.
Exceptions
Bingo.com
does not prohibit the giving or receiving of gifts of nominal or token value to
or from non-government suppliers and customers, provided that they are not for
the express purpose of obtaining or retaining business or some other advantage
for Bingo.com and provided that they are otherwise lawful.   Bingo.com
does not prohibit expenditures of amounts for meals, entertainment and travel
expenses in connection with conferences and other promotional activities for
non-government suppliers and customers that are ordinary and customary business
expenses, if they are otherwise lawful.  These expenditures should be
included on expense reports and approved pursuant to Bingo.com's standard
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procedures.  
Gifts include, without limitation, material goods, as well as services,
promotional premiums and discounts.   Bingo.com does not prohibit the
giving or receiving of rewards, advantages or benefits that are permitted or
required under the written laws of a government for which a public official
performs duties or functions.   Bingo.com does not prohibit payments
made that are otherwise lawful in respect of reasonable expenses incurred in
good faith by or on behalf of the public official that are directly related to
the promotion, demonstration or explanation of Bingo.com's products and
services, or the execution or performance of a contract between Bingo.com and
the government for which the official performs duties or functions.  
Bingo.com does not prohibit facilitation payments that are otherwise lawful. 
Facilitation payments are payments made to expedite or secure the performance by
a public official of any act of a routine nature that is part of the public
officials' duties or functions, including:
the issuance of a permit, license or other documents to qualify a person to
    do business;
the processing of official documents, such as visas and work permits;
the provision of services normally offered to the public, such as mail
    pick-up and delivery;
telecommunication services and power and water supply; and
the provision of services normally provided as required, such as police
    protection, loading and unloading of cargo, the protection of perishable
    products or commodities from deterioration or the scheduling of inspections
    related to contract performance or transit of goods.
Any
facilitation payments must be recorded as such in the accounting records of
Bingo.com.  Further, such facilitation payments shall not exceed the fees
lawfully required by the public official for the function requested.  For
greater certainty, an act of routine nature does not include a decision to award
new business or to continue business with a particular party, including a
decision on the terms of that business, or encouraging another person to make
any such decision.
Caution
should be exercised with respect to these exceptions.  If there is any
doubt as to the legitimacy of a payment under this policy or under any law,
advice should be sought from the Compliance Officer.
PUBLIC
DISCLOSURES
Bingo.com
has an obligation in compliance with applicable laws to make full, fair,
accurate, timely and understandable disclosure in its financial records and
statements, in reports and documents that it files with or submits to securities
regulatory authorities and in its other public communications.
In furtherance of this obligation, each Bingo.com
Representative in performing his or her duties shall act in good faith,
responsibly, with due care, competence and diligence, without misrepresenting
material facts or allowing one's independent judgment to be subordinated, in
order to ensure that to the best of his or her knowledge Bingo.com's books,
records, accounts and financial statements are maintained accurately and in
reasonable detail, appropriately reflect Bingo.com's transactions, are honestly
and accurately reflected in its publicly available reports and communications
and conform to applicable legal requirements and Bingo.com's system of internal
controls, including Bingo.com's Disclosure Policy.
DOCUMENT RETENTION
Bingo.com follows a set of guidelines for retaining and
disposing of company records based on the Company's needs and the legal,
regulatory, tax, and employment requirements.  Inactive documents are
stored to protect from damage.  Records must be kept on site or in other
Company approved locations. All records are to be labelled so as to be easily
recognizable and available for Bingo auditors and attorneys, as necessary.
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HANDLING
OF CONFIDENTIAL INFORMATION
In
addition to the restrictions regarding material non-public information set forth
in the Disclosure Policy, Bingo.com Representatives should observe the
confidentiality of information that they acquire by virtue of their relationship
with Bingo.com, including information concerning Bingo.com and its customers,
suppliers and competitors and other Bingo.com Representatives, except where
disclosure is approved by an executive officer of Bingo.com or otherwise legally
mandated.  In addition, Bingo.com Representatives must safeguard
proprietary information, which includes information that is not generally known
to the public and has commercial value in Bingo.com's business. 
Proprietary information includes, among other things, business methods,
analytical tools, software programs, source and object codes, trade secrets,
ideas, techniques, inventions (whether patentable or not) and other information
relating to economic analysis, designs, algorithms and research.  It also
includes information relating to marketing, pricing, clients, and terms of
compensation for Bingo.com Representatives.  The obligation to preserve
proprietary information continues even after employment ends. In addition to
violating this Code and Bingo.com policy, unauthorized use or distribution of
proprietary information could also be illegal and result in civil or even
criminal penalties.  Bingo.com considers its intellectual property and
confidential information important assets and may bring suit against employees
or former employees to defend its rights vigorously.
USE
OF BINGO.COM ASSETS
Bingo.com
(together with its subsidiaries) assets, including facilities, funds, materials,
supplies, time, information, intellectual property, software, corporate
opportunities and other assets owned or leased by Bingo.com or any subsidiaries,
or that are otherwise in Bingo.com's possession, may be used only for legitimate
business purposes of Bingo.com.  Bingo.com assets are not to be
misappropriated, loaned to others, donated, sold or used for personal use,
except for any activities that have been approved in writing by the Chief
Executive Officer or the Compliance Officer in advance, or for personal usage
that is minor in amount and reasonable.  Bingo.com Representatives are to
report any theft or suspected theft to the Compliance Officer.  No
Bingo.com Representative should knowingly invoke a program or code that could
damage Bingo.com's assets.
USE OF COMPANY COMPUTERS AND
NETWORKS
Bingo.com
will provide you with the necessary equipment to do your job. None of this
equipment should be removed from the physical confines of the office unless it
is approved and your job specifically requires use of company equipment outside
the physical facility.
Internet
and email access are provided to all Bingo.com officers and employees.
Computers, software and any other technology employees have access to in order
to perform your job is Bingo.com's property. Any non-business usage must be done
with good judgment and restraint. Management will limit non-business usage if it
interferes with an individual's productivity. If unsure whether an activity is
considered inappropriate, employees are to discuss it with a supervisor.
Certain uses of the Company's computers and
network are considered inappropriate and forbidden at all times. This includes
the following:
Accessing/Downloading
    pornographic material, racist, sexist, or ethnically insensitive
Conducting
    personal business activity
Posting
    information about the Company business in chat rooms, bulletin boards, news
    groups, unless authorized to do so
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Sending
    email chain letters or other mailings that take up computing resources
This policy
applies to anyone who is authorized to use Bingo.com's computers, network,
email, hardware, software, voicemail, Internet, storage devices, and databases
whether at the office or via remote access.
FAIR
DEALING
Each
Bingo.com Representative should deal fairly and in good faith with other
Bingo.com Representatives, security holders, customers, suppliers, regulators,
business partners and competitors.  No Bingo.com Representative may take
unfair advantage of anyone through manipulation, concealment, misrepresentation,
inappropriate threats, fraud, abuse of confidential information or any other
intentional unfair-dealing practice.
COMPETITIVE INFORMATION
GATHERING
Gathering
information about competitors is a legitimate and important part of
understanding the competition and the industry. However, the information should
not be gathered directly or indirectly by improper means, such as bribery,
encouraging someone to breach a non-disclosure agreement or making improper
requests of a competitor, or by deceit. The improper collection of competitive
information could lead to individual or corporate lawsuits or even imprisonment.
Bingo.com requests that all employees gather competitive information, as it is a
great asset to the Company, however the information should be gathered in an
ethical, honest manner.
MEDIA
AND PUBLIC INQUIRIES
Bingo.com is
committed to delivering accurate and reliable information to the public, media,
employees, shareholders, and directors. All public disclosures such as press
releases, financials, and other communications are intended to be accurate and
timely. To ensure consistent release of information to the media, employees are
discouraged from answering questions from the media, analysts, stockholders or
other members of the public. If unauthorized to answer such questions, request
the individual's information and forward it to the Compliance Officer.
DELEGATION
OF AUTHORITY
Each Bingo.com Representative, and particularly
each of Bingo.com's executive officers, must exercise reasonable care to
ensure that any permitted delegation of authority is reasonable and appropriate
in scope, and includes appropriate and continuous monitoring.
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BINGO.COM EMPLOYEES:
OPEN
DOOR POLICY
Bingo.com
promotes an open door policy. Most issues can be resolved before they become a
major problem. All employees, officers, directors and contractors are encouraged
to present Bingo.com with their ideas, concerns, and questions relating to this
Code, especially those of legal or ethical nature, to the Compliance Officer.
All officers, directors, and employees are responsible for supporting this
policy by maintaining an "open door" for anyone who may reach out to them.
DISCRIMINATION
AND HARASSMENT
Bingo.com
believes its most important asset is our employees. Bingo.com seeks to provide
an enjoyable working environment where all officers, directors, contractors and
employees have the opportunity to reach their full potential and contribute to
Bingo.com's success.
Bingo.com
is committed to equal opportunity and employment equity. The diversity of
Bingo.com Representatives is a valued asset.  Bingo.com is firmly committed
to providing equal opportunity in all aspects of employment and will not
tolerate any illegal discrimination or harassment of any kind.  Examples of
conduct that will not be tolerated include derogatory comments based on racial,
ethnic or religious characteristics and unwelcome sexual advances or comments.
HEALTH
AND SAFETY
Bingo.com
strives to provide each Bingo.com Representative with a safe and healthy work
environment.  Each Bingo.com Representative has responsibility for
maintaining a safe and healthy workplace for all Bingo.com Representatives by
following safety and health rules and practices and promptly reporting
accidents, injuries and unsafe equipment, practices or conditions.  
Violence and threatening behavior will not be tolerated.  Bingo.com
Representatives should report to work in condition to perform their duties, free
from the influence of illegal drugs or excessive alcohol.  The use of
illegal drugs or excessive alcohol in the workplace will not be tolerated.
ABUSE OF DRUGS AND ALCOHOL
Bingo.com
is committed to providing a drug free environment. Not only can the use and/or
abuse of drugs and alcohol jeopardize the health, safety and well being of the
individual user and other co-workers, but it also results in absenteeism and
productivity concerns.
This
policy prohibits employees from such use that impairs his/her performance of
work on the job, as well as prohibiting use while on Company business at any
time, whether on the property or off.
DISCLOSURE OF NONPUBLIC
INFORMATION
Bingo.com
forbids unauthorized disclosure of material non-public information about the
Company. Any person who possesses Material Nonpublic Information regarding the
Company is an Insider under this Policy for so long as the information that he
or she possesses has not been publicly disclosed by the Company and not been
allowed to disseminate in the market. While directors and officers may be
Insiders on a regular and somewhat continuous basis, any employee or consultant
can be an Insider from time to time depending upon the type of information that
the employee or consultant comes into contact with in the performance of his or
her duties with the Company.
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Insiders
are prohibited from utilizing Material Nonpublic Information acquired by the
Insider in the workplace for their own personal or economic benefit and are
further prohibited from disclosing any Material Nonpublic Information to any
person who is not authorized by the Company to have access to such information.
Specific
Prohibitions Applicable to All Insiders
Purchasing or Selling on
    Material Nonpublic Information
. Insiders shall not purchase, sell,
    offer to purchase or offer to sell any Company stock or other securities,
    including any derivative securities relating to Company stock, during any
    period that he or she possesses Material Nonpublic Information regarding the
    Company.
Tipping of Material Nonpublic
    Information
. An Insider shall not disclose ("tip")
    Material Nonpublic Information to any person (including a family or
    household member) who is not specifically authorized by the Company to have
    access to such information. If the Material Nonpublic Information is used by
    the person tipped by the Insider to purchase or sell Company securities, the
    Insider will be legally responsible for the consequences of the purchase or
    sale as if he or she was purchasing or selling for his or her own account.
    Likewise, an Insider shall not make any recommendation or express opinion
    about Company securities to any other person on the basis of Material
    Nonpublic Information regarding the Company, even if the Insider does not
    actually tip the Material Nonpublic Information to the other person.
3.  
Confidentiality of Material Nonpublic Information
. All Material
Nonpublic Information relating to the Company is the property of the Company and
the Company has the sole and exclusive right to determine how and when to
disclose such information to the public.
Unless specifically authorized by the Company, no Insider
may disclose Material Nonpublic Information publicly or otherwise.
4.  
Definition of Material Nonpublic Information
.  It is not possible
to define all categories of material information concerning the Company.
However, information should be treated as "Material Nonpublic
Information" if there is a reasonable likelihood that the information would
be considered important to a reasonable investor in making an investment
decision with respect to the purchase or sale of Company securities; and the
information has not been previously disclosed by the Company to the general
public.
In all cases in which an Insider is not certain that
information in his or her possession is Material Nonpublic Information, the
Insider should exercise caution and treat the information as if it is Material
Nonpublic Information. There are, however, general categories of information
that are particularly important to the Company and, as a general rule, should
always be considered material, regardless of whether to information is
considered to be positive or negative to a particular investment decision.
Examples of these
types of information include:
financial condition or
      results;
projections of future
      financial condition or results;
receipt of or delay in
      receiving any key regulatory approvals;
significant new research
      and development or product announcements;
significant product defects
      or modifications;
pending or proposed
      acquisitions or mergers;
pending or proposed
      dispositions of significant amounts of assets;
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pending or proposed
      partnerships, acquisitions, joint ventures, spin-offs;
impending defaults on
      indebtedness, bankruptcy or other financial liquidity problem;
stock splits, reverse stock
      splits, recapitalization plans;
pending or proposed equity
      or debt offerings;
significant financial
      exposure in actual or threatened litigation;
major changes in senior
      management;
significant changes in
      dividend policy
REPORTING OF VIOLATIONS PROCEDURE
General Policy Regarding Report of Violations
Bingo.com
Representatives who observe, learn of, or, in good faith, suspect a violation of
this Code must immediately report the violation pursuant to the procedures for
submission of complaints and concerns set out in the Bingo.com's Whistle Blower
Policy.
COMPLIANCE
Adherence
to Code and Disciplinary Action
All
Bingo.com Representatives have a responsibility to understand and follow this
Code. In addition, all Bingo.com Representatives are expected to perform their
work with honesty and integrity in all areas not specifically addressed in this
Policy.  Bingo.com will discipline any Bingo.com Representative who
violates this Code or related practices.  The determination of the
appropriate discipline will be made by the Chief Executive Officer of Bingo.com
or by the Board of Directors.  Such discipline may include, among other
things, written notice to the Bingo.com Representative that Bingo.com has
determined that there has been a violation, censure by Bingo.com, demotion or
re-assignment, suspension with or without pay or benefits, or termination of the
Bingo.com Representative's relationship with Bingo.com.
Records of all violations of this Code and the
disciplinary action taken will be maintained by the Compliance Officer and will
be placed in the Bingo.com Representative's personnel file.
Bingo.com
will notify and cooperate with the police or other governmental authorities
regarding acts of Bingo.com Representatives involving violations of law. 
In addition, some violations may result in Bingo.com bringing suit against
employees or former employees to defend its rights vigorously.
Communications
Bingo.com
strongly encourages dialogue among Bingo.com Representatives and their
supervisors to make everyone aware of situations that give rise to ethical
questions and to articulate acceptable ways of handling those situations.   
The Compliance Officer shall provide a report to the Board at least quarterly on
investigations and other significant matters arising under this Code.
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Responsibility
of Senior Employees
Officers and other managerial employees are
expected to promote honest and ethical conduct, including the ethical handling
of actual or apparent conflicts of interest between personal and professional
relationships. Managerial employees may be disciplined if they condone
misconduct, do not report misconduct, do not take reasonable measures to detect
misconduct or do not demonstrate the appropriate leadership to insure
compliance.
RELATED
BINGO.COM POLICIES
This
Code should be read in conjunction with Bingo.com's other related policy
documents, including the Disclosure Policy.  This Code supplements any
contractual obligation any person may have under the terms of any agreements
with Bingo.com.  This Code is not intended to create any contract (express
or implied) with any person, including, without limitation, any employment or
consulting contract, or to constitute any promise that a person's employment or
consulting arrangement will not be terminated except for cause.
APPROVAL
AND AMENDMENT
This
version of this Code was approved and adopted by the Board of Directors of
Bingo.com, Ltd. on December 21, 2006.  Bingo.com is committed to reviewing
and updating its policies and procedures on a continuing basis.  This Code
may be revised, changed or amended at any time by the Board of Directors and
amendment to the Code will be disclosed promptly to Bingo.com Representatives
and will be disclosed publicly in accordance with applicable securities laws.
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ACKNOWLEDGMENT
The
undersigned Bingo.com Representative hereby acknowledges that he or she has
received a copy of Bingo.com's Code of Business Conduct and Ethics applicable to
Bingo.com Representatives and that he or she has read and understood this Code
in its entirety and agrees to abide by it.  The undersigned Bingo.com
Representative acknowledges that it is his or her responsibility to seek
clarification from the office of Bingo.com's General Counsel if any application
of the Code to a particular circumstance is not clear.  The Bingo.com
Representative acknowledges that the Bingo.com Representative's continued
service with Bingo.com requires the Bingo.com Representative to adhere fully to
this Code and that failure to do so can result in disciplinary action up to and
including termination of the Bingo.com Representative's employment.
Acknowledged and agreed:
By:
/s/ " T. M.
Williams"
Name:
T.
M. Williams,
President and
Chief Executive Officer
Dated:
December 21,
2006
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Schedule A
The
Board has made the following designations:
Compliance Officer
:
Henry Bromley
Bingo.com, Ltd.
National
Bank of Anguilla Corporate Building,
1st
Floor St Mary's Road,
TV1
02P
The
Valley,
Anguilla,
British
West Indies
Telephone:
264-461-2646
Facsimile:   604-694-0301
Email: henry@bingo.com
General Counsel:
Gerald Tuskey
Suite 1000, 409 Granville St
Vancouver, BC
V6C 1T2
Canada
Telephone: 604-681-9588
Facsimile:  
604-681-4760
Email: gtuskey@telus.net
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EXHIBIT 10.33
SUPPLEMENTAL CODE OF ETHICS FOR THE
CHIEF EXECUTIVE OFFICER AND SENIOR FINANCIAL OFFICERS
Bingo.com, Ltd. ("Bingo.com") has a Code of Ethics applicable to all
officers, directors and employees of the Company. The Chief Executive Officer (CEO)
and all senior financial officers, including the Chief Financial Officer and
Controller, are bound by the provisions set forth therein relating to ethical
conduct, conflicts of interest and compliance with laws. In addition to the
Code, the CEO and all senior financial officers of Bingo.com are subject to the
following additional policies:
Bingo.com's
    CEO and all senior financial officers have an obligation in compliance with
    applicable laws to make full, fair, accurate, timely and understandable
    disclosure in its financial records and statements, in reports and documents
    that it files with or submits to securities regulatory authorities and in
    its other public communications.   It is the responsibility of the CEO
    and each senior financial officer to report to Bingo.com's Audit Committee
    any untrue statement of material fact and any omission of material fact of
    which he or she may become aware that the disclosures made by Bingo.com in
    its public filings.
The
    CEO and each senior financial officer shall promptly report to Bingo.com's
    Audit Committee any information that he or she may have concerning (a)
    significant deficiencies in the design or operation of disclosure and
    internal controls that could adversely affect the Company's ability to
    record, process, summarize, and report financial data or (b) any fraud,
    whether or not material, that involves management 
    or other employees who have a significant role in the Company's
    financial reporting, disclosures, or internal controls.
The
    CEO and each senior financial officer shall promptly report to Bingo.com's
    Compliance Officer any information he or she may have concerning any
    violation of the Code or this Supplemental Code, including any actual or
    apparent conflicts of interest between personal and professional
    relationships involving any management or other employees who have a
    significant role in the Company's financial reporting disclosure or
    internal controls.
The
    CEO and each senior financial officer shall promptly report to Bingo.com's
    Audit Committee any information he or she may have concerning evidence of a
    material violation of securities or other laws, rules or regulations
    applicable to the Company and the operations of its business, by the Company
    or any officer, director or employee thereof.
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The
    Board of Directors of Bingo.com (the "Board") shall designate and
    determine appropriate actions to be taken in the event of a violation of the
    Code, or this Supplementary Code, by the CEO or any senior financial
    officers.  Such actions shall be
    reasonably designed to deter wrongdoing and to promote accountability for
    adherence to the Code and to this Supplemental Code and shall include (i)
    written notices to the individual involved that the Board has determined
    that there has been a violation; (ii) censure by the Board; (iii) demotion
    or re-assignment of the individual involved; (iv) suspension with or without
    pay or benefits, as determined by the Board; and (v) termination of the
    individual's employment. In determining what action to take in a
    particular case, the Board shall take into account all relevant information,
    including the nature and severity of the violation, whether the violation
    was a single occurrence or repeated offense, whether the violation appears
    to have been intentional or inadvertent, whether the individual in question
    had been advised prior to the violation as to the proper course of action
    and whether or not the individual in question had committed other violations
    in the past.
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