Bingo software firm reveals Q3 results
Parlay Entertainment has revealed that its total revenue for the three-month period up to September 30th was $2,531,998 (£1.6 million).
The internet and television bingo software provider also stated its nine-month results up to the same date and said that total revenue reached just over $7.1 million.
In the third quarter alone, revenue was up 27 per cent when compared with the equivalent three months in 2007.
When taking into account the three-quarter results, Parlay posted 19 per cent increase in revenues at the end of September.
Other notable figures released by the bingo firm include third-quarter royalty revenue at $796,612 and software license fees at $1,457,500.
Parlay revealed earlier this year that it is set to provide Microgaming with the software for the company’s proposed new bingo network in Italy in 2009.
If the Italian government add bingo to a list of licensed internet games, this partnership is scheduled to be enacted.
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