Less than two weeks ago, Parlay Entertainment Inc. one of the world’s leading supplier of Internet bingo solutions, announced the issuance of 50,000 common shares to a third party pursuant to the acquisition of certain assets of that third party by Parlay Games Limited. This move was just one of the many moves the company would soon be making.
As we speak, Gaming Intelligence has reported that Parlay has signed six new customers to its Parlay Games Services (PGS) network, including an unnamed U.S-based direct marketing company which will be offering a free-to-play bingo product on its entertainment portal. According to the report, Parlay said that it has completed licensing deals with a “newly launched standalone games website” from the UK, as well as with a “large US-based direct marketing company” which will be offering a free-play bingo product to its entertainment portal.
Parlay Entertainment Inc. is already one of the technology leaders in the online gaming industry and as the inventor and holder of Internet bingo patents, Parlay was the first company in the world to develop and deploy a commercial Internet bingo product. The company has also teamed up with PAF to launch Parlay5 gaming platform. It shouldn’t be a surprise that business is good, but in the last six months, business has been booming.
Peter Trinz, senior vice president of Parlay said, “We have seen the number of deals in our pipeline literally explode in the past six months…We believe the growth in interest in Parlay’s products and managed services is directly related to the ongoing expansion of eGaming into fresh new markets, and to Parlay’s ability to deliver innovative solutions which service the market better than the one-size-fits-all solutions being offered by the larger, less flexible providers.”
Already, some of the world’s best known brands use Parlay solutions and from the sounds of it, that client list is growing fast.