Emap Launch Online Bingo
LONDON , UK — March 3, 2006 — Parlay Entertainment Inc. (TSXV: PEI), the world's leading supplier of Internet bingo solutions, is pleased to announce that its licensee The Gaming Network Limited ("TGN") has signed an agreement with Emap Plc to provide white-label bingo sites for some of the media company's top magazine and radio brands.
Emap owns more than 150 top-selling consumer magazines in the UK, France and around the world. Other holdings include 40 radio stations, seven digital music TV channels, and one of the biggest digital radio networks in the UK.
"The introduction of online bingo to Emap's media family will greatly contribute to our goal of providing 'must-have' entertainment and information to targeted communities," said Paul Voss, Group Licensing Director, Emap Consumer Media. "In particular, we are excited about the interactive nature of online bingo. For the first time, our readers and listeners will be able to communicate with each other and discuss shared interests, while enjoying a game they love."
The initial agreement will see TGN launch online bingo sites for seven of Emap's consumer brands targeting the female demographic, including:
Magic FM, one of London's most listened to commercial radio stations
New Woman, a leading glossy magazine for young women, as well as the UK's number one website for 25-35 year old women
Top Santé, Britain's market-leading health and beauty magazine
Mother & Baby, the UK's leading parenting magazine for mums and mums-to-be
Yours, Britain's biggest selling magazine for women over 50
Garden Answers & Garden News, two top gardening magazines
Magic FM's bingo site will be the first to launch, with the others expected to roll out through Q2 2006. Simon Beeson, Managing Director of The Gaming Network, expects the network of bingo sites will routinely attract thousands of concurrent bingo players.
"Emap's move into Internet bingo validates our position that online gaming is becoming an important channel for media and retail brands in the UK," said Mr. Beeson. "Online games offer brands the two-fold benefit of increasing awareness and consumer loyalty while acting as a lucrative mass retail opportunity. Because TGN is fully regulated in the EU, Emap is confident in our ability to leverage the considerable customer loyalty their brands enjoy."
The Gaming Network licenses Parlay Entertainment's full suite of bingo and casino games, as well as House Edge™, its suite of back-office management and scheduling applications.
"Parlay Entertainment is proud to welcome Emap's impressive roster of media properties to the growing number of brands using our bingo platform," said Scott White, President & CEO of Parlay Entertainment. "With their brand power, distribution muscle and marketing know-how, they are well positioned to bring online bingo into the mainstream market. Considering that Emap has over 400 media properties, we're confident that the initial bingo sites are just the beginning of a fruitful, ongoing relationship between Emap, The Gaming Network and Parlay."
About Parlay Entertainment
Parlay Entertainment Inc. is the world's leading developer and dominant licensor of Internet bingo solutions. As the inventor and patent holder of Internet bingo1, Parlay is the first company in the world to develop and deploy a commercial Internet bingo product. Parlay Bingo is available in both 75-number and 90-number versions and is complemented by a full suite of lottery and casino games. Our multi-player, multi-platform technology is used to power more online bingo sites than any other software provider in the world. Some of the world's best-known brands use Parlay Bingo solutions, including Virgin, Yahoo! and MSN.
Parlay has an eight year proven track record built on the success of our clients: In 2005, more than 2.8 million players wagered nearly $2 billion USD on gaming websites that use Parlay software. Parlay is headquartered in Oakville, Canada with offices in Bridgetown, Barbados and Valletta, Malta.
Emap plc is one of the UK's leading media companies. Its purpose is to create 'must-have' entertainment and information, which can be delivered to every home and business within defined communities.
Emap's business activities focus around three main areas:
Over 150 top selling consumer magazines in the UK, France and around the world
Over 200 business to business events, magazines and conferences, many of them market leaders
40 local analogue radio stations in the UK and Republic of Ireland, seven digital music TV channels and one of the biggest digital radio networks in the UK
About The Gaming Network
TGN operates an online bingo network that offers network partners a low-risk solution with quick start-up times, instant critical mass, full regulatory compliance and industry best practices. Leveraging years of hands-on gaming industry experience, TGN provides a turn key gaming operation that allows network partners to offer online bingo and casino products without having to manage technical, business, licensing and operational infrastructure. TGN is designed from the ground up to support the delivery of regulated gaming products in partnership with top-tier brands. The company is fully licensed in Malta.
TGN has contracted with eleven network partners since its start of operations in August 2005. Its fully-managed, award-winning sites have a reputation among players as being great places to play bingo. In December 2005, Christmas came early when TGN awarded a £10,000 prize to a loyal player from Wales. The win generated local and national press coverage in newspapers, on radio and television.
Check out the Jackpot.co.uk guide to Online Bingo
Editor, Jackpot.co.uk - 2006-03-06 11:38:45