Online Bingo Software provider Profits down
15th April, 2009
With hundreds of internet bingo operators providing players with games, its extremely important that the software they use is of the highest quality. Parlay are one of the leading online gaming software providers in the industry and offer operators excellent gaming formats.
The company has recently announced their financial results for 2008 which have shown a lost in profit partly due to the company exiting the US market.
Total revenues dropped 1% from 2007 and totaled $6.89 million.
Scott White, Chief Executive Officer for Parlay said, “In 2008, Parlay took a very significant step to divest its US-facing business and focus on licensing its software to customers in the United Kingdom and Europe."
With online gaming largely restricted in the US, Parlays operations in this region have been largely damaged. With hundreds of sites operating in the UK and Europe, high quality software is in high demand.
Many sites are looking for ways to improve the service they provide, by using technologically advanced products such as live video streaming or 3D products.
By Jamie
