CHARTWELL AND PARLAY PARTNER UP IN BINGO DEAL

6 June 2008

Canadian companies to collaborate on a new online bingo network


Two Canadian online gambling industry companies, Parlay Entertainment Inc. and Chartwell Technology Inc. are partnering up to launch an online bingo network branded Bingo Nexus, powered by an Internet platform that combines Parlay’s front-end bingo product with Chartwell’s back-end administration system. Expected launch date is summer 2008.

The European-facing network will be based in Malta and managed by Chartwell, with both Parlay and Chartwell contributing a variety of slots and other games to the platform.

Scott White, President and CEO of Parlay Entertainment, said: “This is a huge win for licensees and bingo players alike. By combining the strengths of Parlay’s industry-leading bingo games with Chartwell’s advanced administration system and network operations expertise, we’re creating a very compelling bingo network solution. Player excitement will grow exponentially as bingo sites pool their liquidity to create bigger games, huge jackpots and lively communities.”

Darold H. Parken, President and CEO of Chartwell, said: “The respective strengths of Chartwell and Parlay are a perfect fit, so it’s natural for us to work together to build a new European bingo network. Online bingo continues to reach new heights in the UK and Europe, and we’re excited to become serious players in the bingo business under our relationship with Parlay and the Bingo Nexus brand.”

Chartwell and Parlay were at one stage last year contemplating a merge (see previous InfoPowa reports), which was subsequently called off.

Parlay have now completed over 50 direct licence deals. More players in more countries play Internet bingo using Parlay software than any other supplier or operator, the company claims, pointing out that some of the world's best-known brands use Parlay Bingo solutions, including Virgin, Yahoo!, Paddy Power, Bet24, NetPlay TV, Bingos.com and the St. Minver bingo network.

Online Casino News courtesy of InfoPowa