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Parlay Games Completes Restructuring

Online gaming company Parlay Games has restructured itself, and has launched many new customers in North America and Europe. Parlay Games is currently refocusing on growing its business, developing online bingo software, and deployment of managed services.

Parlay Games is now owner and operating service platforms from Alderney and Oakville, as well as almost all of the software, licensing agreements, and intellectual property that was at one time owned by Parlay Entertainment Inc., which liquidated its assets in a sale to M Projects Assets, S.A.

Parlay Games Director Scott White said, “We are delighted to have completed our restructuring process and are now able to focus on developing and growing the penetration of Parlay Game’s managed services platforms in the UK, Europe and North America. We have a healthy sales pipeline and will be pushing Parlay’s products forward throughout 2011 into the hands of new customers and jurisdictions”.

Parlay Games currently has the following on its plate for endeavors:

  • Paf bingo with Ålands Penningautomatförening. The Paf Group operates gaming activities on the autonomous Åland Islands, onboard Ålandic and ships in the Baltic Sea and on the Internet.

  • Point-based bingo on Candystand.com with Publishers Clearing House Online. Consisting of seven online properties including PCH.com, PCHCoupons.com, PCHGames.com, PCHLotto.com, PCHOnline.com, PCHOnlineSurveys.com, PCHSearchandWin.com and Candystand.com.

Network partner arrangements have been completed as managed services arrangements with Parlay Games in Alderney:

  • Soccer Millionaire Limited , a London-based online games developer and operator licenced by both the UK Gambling Commission and the Alderney Gambling Control Commission.

  • A network partner arrangement with Barcelona Internet Marketing S.I. (www.bingorumba.es) (BIM). BIM is a Barcelona-based marketing company focusing on Spanish-speaking bingo players.

  • A remote gaming services arrangement with Mediterranean Gaming Limited (MGL). MGL is a Malta-based marketing company focusing on Spanish-speaking bingo players and bingo players in Latin America.

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