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Parlay Online Bingo network Growing
1/22/10 - In a report on the progress of its Alderney-licensed European online bingo network Parlay Game Services reported this week that 10 sites are currently up and running on the product, with a further 14 being implemented.
The variety of brands ranges from established online gaming sites, such as Bingomania.co.uk and AstroBingo.co.uk, to retail and media companies in a number of different markets.
"PGS Europe represents the only network in the bingo (Try out a hot new bingo site with $10 free. Sorry No USA) and soft gaming sector to be truly multi-currency and multi-language, and we now have pooled liquidity with English, Swedish, Spanish and, soon, Finnish-speaking players," said Scott White, CEO of Parlay. "Built on the most advanced commercial-grade bingo platform, Parlay5, the PGS Europe network is now the fastest growing network in the industry.
"The recent expansion in our business model - from a software development and licensing firm to an internationally-focused, turn-key, managed solutions provider - is gaining marketplace acceptance," continued White. "Now companies have a viable option available to them for an international managed solution."
Perry Malone, Parlay's CTO said: "These customers - and the level of interest we are seeing from our existing customers and new prospects - validates the expansion of our business model into this value-added services offering."
Parlay's Alderney-based PGS offering became fully operational in the fourth quarter of 2009, offering remote gaming and RVB (registration, verification and banking) services. Built on the Parlay5 multi-language and multi-currency technology, PGS allows pooling of liquidity across currencies - something crucial to those operators who wish to expand into the rapidly growing global market.
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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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