Unsatisfactory third quarter outcomes from Parlay
November 29, 2009, 12:59 pm (8 years ago)
Online gambling software manufacturer, Parlay Entertainment which is aiming mostly on the online bingo market, has showed unsatisfactory third quarter 2009 losses, with incomes dropping to $800 000 compared to Q3 2008 when these were $2.5 million, producing a $600 000 loss.
The result, which rapped up on September 30 2009, was described by chief executive Scott White as one in which the company kept on making a major investment in the establishment, expansion and organization of its managed solutions distribution in Alderney and Canada through Parlay Game Services.
“Parlay Game Services is presently ready with the first brand startup in the quarter with numerous further startups scheduled for Q4 2009 and Q1 2010. As we noted in our prior disclosures, it is Parlay’s purpose to insistently develop our managed solutions contribution to accommodate the addition of new players and brands throughout multiple languages and currencies,” stated White.