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#11 (permalink) |
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Admin
Registriert seit: 30.12.2004
Beiträge: 931
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Parlay Entertainment Announces the Launch of Yahoo! Bingo on St. Minver's Online Bingo Network
Move by Yahoo! UK & Ireland and other major brands heralds a new phase for online bingo LONDON — May 24, 2005 — Parlay Entertainment Inc. (Pink Sheets: PRYNF), the world's leading supplier of Internet bingo solutions, is pleased to announce that Yahoo! UK & Ireland has launched its online bingo brand on St. Minver's bingo network using Parlay's industry leading software. Yahoo! UK & Ireland recently selected St. Minver as their operational platform - which is powered by Parlay's world-class gaming technology - to target the vast base of Internet bingo enthusiasts throughout the United Kingdom and Ireland. By joining the St. Minver network, Yahoo! Bingo will operate on an aggregated model so that all partners on the network will benefit from the shared critical mass of players and large jackpots. The St. Minver network uses Parlay's patent protected 90-number and 75-number bingo and casino technologies. "The addition of what is arguably the world's number one online brand and portal as a partner in the St. Minver bingo network, confirms us as the leading online bingo network in Europe," said David Kicks, St. Minver's Business Development Director. "Millions of potential players will now be exposed to Bingo on the Yahoo! UK & Ireland Games site. Enhanced liquidity on the network will include Gala Bingo and additional brand name partners that will be announced shortly, now that the network has been successfully launched." "Online bingo in the UK has experienced explosive growth over the past six months," commented Andrew Branscombe, Vice President of Sales for Parlay. "The addition of Yahoo! UK & Ireland, as the first of the major brands to tap into the online bingo market, heralds an exciting acceleration of that trend. Bingo has the largest and most loyal player base of any game worldwide, with Pounds Sterling 1.16 billion staked in the UK alone last year. With the entrance of major brands, we expect the much anticipated online bingo market to finally burst out into the recently regulated UK market." About St. Minver Limited St Minver is the leading turn-key supplier of online gaming solutions, delivering fully-managed 'white-label' gaming channels to high profile customers including land-based Bingo market leaders Gala, Lastminute.com plc and Virgin Games. Operating under a Gibraltar gaming license, St. Minver offers its partners a full suite of casino, bingo and poker games. The company currently operates 57 white label casinos bingo and poker sites across 26 different partners plus an additional 20 poker sites. |
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#12 (permalink) |
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Admin
Registriert seit: 30.12.2004
Beiträge: 931
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Virgin Bingo Launches using Parlay Entertainment's Bingo Software
Virgin's offering is now live on Parlay-based St. Minver Bingo Network LONDON — June 2, 2005 — Parlay Entertainment Inc. (Pink Sheets: PRYNF), the world's leading supplier of Internet bingo solutions, is pleased to announce that Virgin Games has launched its newest online offering, Virgin Bingo, using Parlay's flagship multi-player bingo software. The launch was celebrated in spectacular fashion on May 27th at The Roof Gardens in downtown London, and was hosted by Sir Richard Branson, Chairman of the Virgin Group of Companies. "This is an important development for Virgin Games, as the online bingo market has no major player in the UK, and Virgin is the first mass market brand to launch an online bingo product," said Sir Richard at the event. "Virgin Bingo is designed to offer players from all walks of life the chance to play live bingo on the Internet against a whole host of other players. It's easy, great fun and is, by any yardstick, a softer form of gaming, where players enjoy the community atmosphere and chat every bit as much as the play itself. The prizes will be big, but the cost of tickets won't be. They'll be available from 5p to £1 per card." Virgin is one of the most respected brands in Britain. The company is involved in planes, trains, finance, soft drinks, music, mobile phones, holidays, cars, wines, publishing, bridal wear, gaming and other businesses. What tie all these businesses together are the values of the brand and the attitude of its people. Virgin has created over 200 companies worldwide, employing over 25,000 people. Total revenues in 2002 exceeded £4 billion (US $7.2 billion). Virgin Games chose the Parlay-based St. Minver bingo network, which operates on an aggregated model so that all partners in the network will benefit from shared critical mass and large jackpots. Virgin Bingo is introducing a wide range of new features such as a choice of differently priced games with fixed jackpot prizes of £5,000 or more, as well as a regular number of progressive jackpots just to keep up the fun and excitement. Free cards for every player who signs up, deposit matching, an expanded state-of-the art chat function, as well as many other new exciting features, will make playing bingo at Virgin an effortless and fun experience. "We are delighted that Virgin Games has chosen Parlay's industry leading software for their bingo offering," said Peter Trinz, Senior Vice President of Parlay Entertainment. "Online bingo is really an extraordinary mass market retail opportunity, rather than traditional hard gaming. Virgin has the vision to recognize this and we are thrilled to be involved with a highly regarded organization with such an unparalleled marketing track record." In this vein, Sir Richard added, "Traditionally, 70% of bingo players are female from a wide spectrum of ages and these are in the main outside the current base of internet gamers. Virgin is always at its strongest when democratizing markets and attracting new audiences. Virgin Bingo will be no different. It's fun, cheap and matches the thrill of a bingo hall in the comfort of your own home." Virgin Bingo can be found at www.virgin.com/bingo. About St. Minver Limited St Minver is the leading turn-key supplier of online gaming solutions, delivering fully-managed 'white-label' gaming channels to high profile customers including land-based Bingo market leaders Gala, Lastminute.com plc and Virgin Games. Operating under a Gibraltar gaming license, St. Minver offers its partners a full suite of casino, bingo and poker games. The company currently operates 57 white label casinos bingo and poker sites across 26 different partners plus an additional 20 poker sites. |
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#13 (permalink) |
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Admin
Registriert seit: 30.12.2004
Beiträge: 931
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Gala Bingo Launches using Parlay Entertainment's Bingo Software
Gala's online offering is now live on Parlay-based St. Minver Bingo Network, giving millions of bingo players a new way to enjoy the game LONDON , U.K. — June 10, 2005 — Parlay Entertainment Inc. (Pink Sheets: PRYNF), the world's leading supplier of Internet bingo solutions, is pleased to announce that Gala Bingo, the United Kingdom's dominant bingo operator has launched its online bingo website www.galabingo.co.uk using Parlay's flagship multi-player bingo software. Gala's online bingo site will offer 90-number bingo games with linked jackpots to thousands of online bingo players across the UK. Dominic Harrison, Gala Group's Trading Director says: "The launch of Gala's online bingo is an important strategic move for the company. Gala believes that online bingo is set to be the next big thing in online gaming - and the most exciting development since online poker. " Mr. Harrison further added, "With 166 bingo clubs in the UK, a Gala Bingo website was a natural augmentation for the company. With its expertise in this area and a 40% share of UK land-based bingo, Gala is well placed to become the UK's number one online bingo brand. " Gala Bingo chose the Parlay-based St. Minver bingo network because it operates on an aggregated model so that all partners in the network will benefit from shared critical mass and large jackpots. Gala is supporting the launch with a comprehensive integrated online and offline marketing campaign which includes advertisements in national media, point of sale in Gala's 166 Bingo clubs, and a sponsorship with Big Brother.com, which will deliver over two million page impressions per day. "We are extremely pleased with Gala Group's decision to power their new online bingo portal with Parlay's industry leading bingo software," said Andrew Branscombe, Vice President of Sales for Parlay Entertainment. It is estimated that some $150 million is deposited in Internet bingo halls annually by 5 million online players. With only 5% of online bingo players presently emanating from the UK, Gala's ability to convert some of its estimated 2.2 million land-based players to also play on the Internet could dramatically enhance the size of the online bingo sector. "Gala's entry into online bingo is a momentous event for Parlay and the gaming industry because it signals the acceptance of online bingo by major land-based operators as a significant component of their corporate growth strategy," continued Mr. Branscombe. "This confirms to us that the online bingo market is rapidly evolving and that Parlay is at the forefront of this evolution by driving significant change within our industry." About Parlay Entertainment Parlay Entertainment Inc. is the world's leading developer and dominant licensor of Internet bingo solutions. As the inventor and patent holder of Internet bingo¹, Parlay is the first company in the world to develop and deploy a commercial Internet bingo product, offering a best-in-class suite that features 75-number and 90-number bingo, lottery and casino entertainment software. With its unmatched depth of industry experience and a comprehensive range of products and services, Parlay offers business solutions to fit every need. Parlay has a seven year proven track record built on the success of our clients: in 2004, more than 1,850,000 paying players enjoyed the experience of playing Parlay games on our licensees' gaming websites. Parlay is headquartered in Oakville, Canada with offices in Bridgetown, Barbados. About Gala Group Gala Group, one of the UK's leading leisure operators, is headquartered in Nottingham. It has 10,000 employees. Gala Bingo operates 166 UK bingo clubs with over 6 million members. Gala Casinos has 28 sites in the UK, in addition to casinos on the Isle of Man and Gibraltar. Gala Group was formed after a management buy-in from Bass in 1997. Candover and Cinven acquired the Group in January 2003 for £1.24 billion. Further information on the Group can be found on www.galagroup.co.uk |
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#14 (permalink) |
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Admin
Registriert seit: 30.12.2004
Beiträge: 931
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Parlay Entertainment Announces its Listing on the TSX Venture Exchange
Parlay's common shares to commence trading on Friday June 17, 2005 OAKVILLE , CANADA — June 16, 2005 — Parlay Entertainment Inc. (TSXV: PEI; Pink Sheets: PRYNF), the world's leading supplier of Internet bingo solutions, is pleased to announce that effective with the opening on June 17, 2005, the common shares of the Company will commence trading on the TSX Venture Exchange under the stock symbol PEI. Parlay's listing is considered a new listing with a Tier 2 technology issuer classification. "Parlay's listing on the TSX Venture Exchange is the culmination of a corporate strategy which we commenced in September of 2003 and which we strongly believe will add value for our shareholders," said Scott White, President & CEO. "Canadian capital markets have been, and continue to be, very receptive to growth companies who supply technology and other services to the on-line gaming sector. We believe that we are well suited to be admitted as a Tier 2 technology issuer on the TSX Venture Exchange". As at June 16, 2005, the Company has 12,475,500 common shares issued and outstanding. Under the terms of the Company's Stock Option Plan, a maximum of 2,465,100 common shares are reserved for issuance to Eligible Optionees. As at June 16, 2004, 2,267,500 options were outstanding under the Stock Option Plan. The Company's Stock Option Plan is subject to approval by the disinterested shareholders of the Company at the Company's next meeting of shareholders. The Revised Application for Listing on the TSX Venture Exchange (Form 2B) dated June 9, 2005 provides further information on the Company and can be accessed at the Company's page at www.sedar.com. |
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#15 (permalink) |
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Admin
Registriert seit: 28.12.2004
Beiträge: 386
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23.06.2005
Irish Rehab Lotteries to Launch on Parlay Bingo through NMLS Rehab Lotteries to launch in Ireland powered by New Media Lottery Services and Parlay Entertainment OAKVILLE , CANADA — June 23, 2005 — Parlay Entertainment Inc. (TSXV: PEI; Pink Sheets: PRYNF), the world's leading supplier of Internet bingo solutions, is pleased to announce that it has completed a software license agreement with New Media Lottery Services, Inc. (NMLS) who will launch an online bingo game as an expansion of the Irish Rehab Lotteries' existing online lottery site. John McGuire, Managing Director for Irish Rehab Lotteries has said of the launch, "It is undoubtedly the most serious attempt yet in this country to use the Internet to generate fundraising income for good causes". "Internet usage is showing rapid growth in Ireland with 40 per cent of all Irish homes now having web access and of all Irish adults, some 38 per cent are now purchasing from home on the Internet," continued Dr. McGuire. "This medium is ideal for the distribution of new and fun lottery products, and we are confident that this channel will raise significant funds for our training, employment, health and social care services to people with disabilities and those who are socially disadvantaged." "For many, many years land-based bingo has been tied to charitable causes," said Andrew Branscombe, Vice President of Sales for Parlay Entertainment. "We are very pleased to be working with NMLS and Rehab Lotteries to further their causes through an online channel. Bingo will provide an excellent community-based environment to the existing lottery games, and bingo players can be proud they are helping out such a good cause." About New Media Lottery Services, Inc. New Media Lottery Services was created to provide technology and management solutions to government authorized lotteries including the charitable and sports lottery industries. NMLS provides systems support, game content and expertise to lotteries in order to take advantage of new media product sales opportunities. About The Rehab Group The Rehab Group is an independent not-for-profit organisation working for social and economic inclusion among people with disabilities and others who are marginalised. Each year more than 60,000 people access training, employment, social care and commercial services in the Group's network of some 200 centres across Ireland and the UK. Rehab has NGO status to the United Nations and has participated in development projects that have benefited 8,000 women in Kenya as well as hundreds of schoolchildren in the South African township of Soweto. Rehab Lotteries, a division of The Rehab Group, provides funds to develop the range of services delivered by the Irish Group.
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