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Italian Deal For Parlay
The Italian gaming service provider Microgame S.p.A. is partnering with Canadian bingo software developer Parlay Entertainment
Each network will be powered by an Internet platform that combines Parlay's Internet bingo, casino and other soft game products with Microgame's existing game management and administration infrastructure. Microgame currently offers sports and poker wagering in the tightly regulated Italian marketplace and is authorised by the Italian Ministry of Economy and Finance – Autonomous Administration of the State Monopolies (AAMS).
The company is an Italian market leader in remote gaming and at present, manages more than 750 000 online gaming accounts. In 2007 Microgame generated gaming turnover exceeding Euro 440 million and proceeds of more than Euro 15 million. The English FSA regulated private equity fund Cambria Ltd. recently became investors in Microgame together with other institutional investors.
The first network to be launched will offer online bingo to the Italian marketplace, once the Italian government has added bingo to their list of regulated Internet games, which Microgame anticipates will occur in Q1 2009. A second network, most likely to be based in Malta, is targeted for launch in Q2 2009 and will offer the games to an international marketplace.
Scott White, Chief Executive Officer of Parlay Entertainment, said: "We are delighted to partner with Microgame to offer our leading edge games in Italy, which will be a new regulated marketplace for Parlay and for bingo. We view the opportunity with Microgame, making use of their existing relationships, infrastructure and large customer base in Italy, as an excellent way to enter this new market for bingo."
Fabrizio D’Aloia, Managing Director of Microgame, said: "Microgame is honoured to collaborate with Parlay, the first commercial supplier of Internet bingo software in the world, as its partner for the Italian market. The agreement will allow Microgame to offer Italian gaming operators served by it the opportunity to immediately enter this new market as protagonists and with success by combining the powerful characteristics of Parlay bingo with the functionalities of Microgame’s regulated gaming service provider.”
"Parlay has been a first mover and market innovator in Internet bingo for more than 10 years,” added Mr. White. “We have been and will continue to be committed to the growth of bingo in new regulated marketplaces, particularly in Europe. The opportunity to participate with an experienced, regulated and credible operator in Italy will help Parlay accelerate our time to market.”
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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