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Parlay Bingo Sees Healthy Growth in Online Casino Market |
| People who like to play online bingo may know about a casino software provider called Parlay. Parlay Entertainment provides the software used at some of the top bingo casinos online. They recently reported on their financial success for the third and first three quarters of 2005 and thus far things are looking good for the company. Their financial profits and strong positioning in the online casino market has a lot to do with the quality software they supply to online bingo sites. Parlay Entertainment has reported a 60% increase in the last year in profits and clock their revenue at $1,574,497 up from $262,583 at the same time last year. This is mostly due to the booming popularity of their online bingo casinos. President and CEO of Parlay Scott White attributes the revenue gain to “reflects the growing acceptance of bingo as an online offering, especially in new markets such as the UK. Once new licensees start to offer online bingo to Spanish-speaking countries, we expect further opportunities to diversify our geographical revenue sources.” Caliente is a new online bingo software from Parlay that has specifically targeted the Spanish speaking online casino player market. After the UK they are showing the most growth potential. Spanish language casinos will feature e bingo caliente, a new casino that targets the Mexican community. Mexicans are know to favor bingo and often play at the online casino. |
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