Intertain to Purchase Parlay's Bingo Software

Internet betting firm Intertain has announced that they have acquired the bingo software source code as well as web domain from Parlay for a cash price of CDN $2.8 million.

The deal is the latest for Intertain, who recently purchased Vera&John Casino. The bingo software will now be integrated to the casino, and additional titles will added to the suite. As a result of the deal Intertain will gain access to Parlay's back office, and Intertain also licensed casino and side games from Parlay.

The domain will give Intertain the chance to offer free to play bingo games in Canada while also giving the company the chance to showcase its software to provincial lottery groups.

Commenting on the deal Intertain President and CEO Kennedy Fitzgerald said, "Intertain has acquired some of the leading bingo brands in the world during the past 12 months and it has been our plan to eventually own a proprietary bingo platform to provide the Company with options and flexibility for our current and future business."

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