Parlay Entertainment has recently released its financial gains for 2005, breaking another record in revenues. Parlay Entertainment leads the market of online Bingo solutions and is the major provider of licensing software to other companies. Apart from this service, they also install the software and provide technical support to their clients. 2005 revenues are a great success for the company which beat its own record of income in the third quarter of 2005. 40 percent of Parlay Entertainments revenues comes from the United Kingdom, but the company is planning to expand to Spanish-speaking countries.
The third quarter revenue is 1,574,497 Dollars, thus increasing 2004 revenues in a 60 percrnt, and while last year the company had a net loss of 28,609 Dollars, this year they won 262,583 Dollars. Parlay Entertainment President and Chief Executive Scott F. While was proud of this success and said that this is only a proof of the increasing popularity of online bingo, particularly in Britain.
Parlay Entertainment plans to target Spanish-speaking markets, and in the third quarter of 2005 added new brands to St. Minver online bingo network, especially aimed at the Spanish-speaking community. A new software licensee, called Caliente, launched the website ebingocaliente aimed at Mexican people.
