Bingo Software Provider Reports Record Results
Parlay Entertainment, has released record results for the third and first three quarters of 2005.
Parlay Entertainment, has released record results for the third and first three quarters of 2005.
The companyâ€TMs main financial disclosures included record third quarter revenue of $1,574,497, up 60% from the third quarter of 2004, and record third quarter net income of $262,583. Last year Parlay Entertainment reported a net loss of $28,609 for the same period. The company is the worldâ€TMs leading provider of Internet Bingo solutions, and gets its income from licensing software to other companies, charging installation fees, and providing technical support to its clients. 40% of Parlay Entertainment revenue comes in from the UK, but according to the President and CEO Scott F White, Spanish-speaking countries is the new targeted market