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CHARTWELL AND PARLAY PARTNER UP IN BINGO DEAL
Two Canadian online gambling industry companies, Parlay Entertainment Inc. and Chartwell Technology Inc. are partnering up to launch an online bingo network, powered by an Internet platform that combines Parlay’s front-end bingo product with Chartwell’s back-end administration system.
The European-facing network will be based in Malta and managed by Chartwell, with both Parlay and Chartwell contributing a variety of slots and other games to the platform.
Scott White, President and CEO of Parlay Entertainment, said: “This is a huge win for licensees and bingo players alike. By combining the strengths of Parlay’s industry-leading bingo games with Chartwell’s advanced administration system and network operations expertise, we’re creating a very compelling bingo network solution. Player excitement will grow exponentially as bingo sites pool their liquidity to create bigger games, huge jackpots and lively communities.”
Darold H. Parken, President and CEO of Chartwell, said: “The respective strengths of Chartwell and Parlay are a perfect fit, so it’s natural for us to work together to build a new European bingo network. Online bingo continues to reach new heights in the UK and Europe, and we’re excited to become serious players in the bingo business under our relationship with Parlay and the Bingo Nexus brand.”
Chartwell and Parlay were at one stage last year contemplating a merge (see previous InfoPowa reports), which was subsequently called off.
Parlay have now completed over 50 direct licence deals. More players in more countries play Internet bingo using Parlay software than any other supplier or operator, the company claims, pointing out that some of the world's best-known brands use Parlay Bingo solutions, including Virgin, Yahoo!, Paddy Power, Bet24, NetPlay TV, Bingos.com and the St. Minver bingo network.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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