Parlay Bouncing Back – September 18th, 2009

Fighting back from last week’s poor financial results, Canadian bingo software developer Parlay Entertainment has announced that its new Parlay Game Services (PGS) managed solution platform has signed up three providers.

Parlay announced its intention to launch the Alderney-based PGS platform in July to act as a central liquidity solution offering remote gaming and registration, verification and banking services.

Built on the Parlay5 multi-language and multi-currency technology, PGS allows for a pooling of liquidity across currencies, which is something the firm stated is crucial for operators that wish to expand into the rapidly expanding global market.

“These new customers, and the level of interest we are seeing from our customers and new prospects, validates the expansion of our business model into this value-added services offering,” said Scott White, Chief Executive Officer for Parlay.

“The fact that we are able to utilise our commercial-grade and award-winning technology platform with newly established technology partnerships gives Parlay an enhanced solution, providing more selection to an unlimited customer base. We are very excited about the future of our PGS offering.”

Parlay revealed that the first PGS network partner would launch this week during the European iGaming (EiG) 2009 conference in Copenhagen while the remaining duo would be ramping up throughout September and October.