Press Releases
Parlay Entertainment Granted Remote Gambling Software Licence in UK
LONDON , UK — Jan 10, 2008 — Parlay Entertainment Inc. (TSXV: PEI), the world's leading supplier of Internet bingo software, has been granted a licence by the UK Gambling Commission to develop, supply, install and adapt gambling software in the UK. The licence has been granted through Parlay's subsidiary Parlay Malta Limited.
Parlay is one of just thirty companies worldwide to receive a UK remote gambling software licence, and is the only bingo software developer in the world to do so. The licence allows Parlay to deploy its software to clients who are headquartered in the UK, or to remote companies who target the UK market.
Parlay also holds a Class 4 Remote Gaming Licence (software platform) in Malta and is also a certified gaming software provider in the Isle of Man.
"We're thrilled to have been granted a UK licence," said Steve Cook, Parlay's European Managing Director. "It means we'll be able to continue serving our existing UK-based licensees as well as signing up new ones. We're also pleased that we are currently the only online bingo developer to receive a remote gambling software licence in the UK."
As a licensed gambling software supplier, Parlay are required to abide by the Gambling Act 2005, and its three licensing objectives: keeping crime out of gambling, ensuring that gambling is conducted fairly and openly, and protecting children and vulnerable people from being harmed or exploited by gambling.
Parlay, who have integrated their bingo software with over 50 operators, will be exhibiting at the ICEi show at London's Earls Court, January 22-24, where they will be promoting their upcoming software release, Parlay 5: Bingo Without Borders. "This is the seventh consecutive year that Parlay has supported the ICE show and we look forward to showing our latest software Parlay 5 to many new and existing customers. We welcome all visitors to drop by our booth 5225," said Mr. Cook.
About Parlay Entertainment
Parlay Entertainment Inc. is the world's leading developer and licensor of online bingo software. As the inventor and patent holder of Internet bingo, Parlay was the first company in the world to develop and deploy a commercial Internet bingo product. Parlay Bingo is available in both 75-number and 90-number versions and is complemented by a full suite of lottery, casino and third-party games. The company's multi-player, multi-platform technology is used to power more online bingo sites than any other software provider in the world. Some of the world's best-known brands use Parlay Bingo solutions, including Virgin, AOL and Yahoo. Parlay also powers two leading European bingo networks operated by St. Minver and The Gaming Network. Parlay is headquartered in Oakville, Canada with locations in Bridgetown, Barbados, Valletta, Malta, and the UK.
Contact:
Tyler Schwartz
Parlay Entertainment Inc.
Communications Specialist
+1 (905) 337-6532
For more information on Parlay solutions and services, please visit our Web site at www.parlaygroup.com.
This document may contain statements about expected future events and/or financial and operating results of Parlay Entertainment Inc. that are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that predictions and other forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements.
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² United States Patent No. 6,585,590 "Method and system for operating a bingo game on the internet, with other Patent applications pending in other countries.
© 2010 by Parlay Entertainment Inc.