The Cyprus based bingo network and software platform has been growing like crazy for the past six months but has run into some serious payment processing problems.  While we’re unsure of the details behind why they have hit this wall, they have made the decision to stop taking deposits on their network of online bingo sites, including two very new sites: Bulldog Bingo and Churchill Bingo.

A spokesperson for Interactive Playnet said, “Due to the size of the funds and the seriousness of how this affects us operationally we are forced to suspend the online bingo operations.  This is very unfortunate and totally beyond our control.  We feel it would be wrong for us to continue at this time without the firm guarantee of payment.  We have not shut down the network at the moment, however we have suspended the deposit page and cut bingo pots.”

We have to wonder – why would they think people would want to continue to play without being able to get their winnings?  There are far too many places to play free bingo and still collect real cash winnings so there is little point to playing for free just because.

In case you were not aware of the situation, here is a list of the sites affected: Bingo Boat, Blind Date Bingo, Bulldog Bingo, Churchill Bingo, Comedy Bingo, Emerald Bingo, Exotic Bingo, Fun Bingo, Happy Days Bingo, Rainbow Bingo, Skippy Bingo, Starlight Bingo, Sunset Strip Bingo and YouGotBingo.  While most of these were not hugely popular sites, Bingo Boat does have a good size following and the two newest sites on the network, Bulldog and Churchill Bingo, had been getting a lot of good press.