Bingo sofware company Parlay Entertainment strikes deal to be acquired by Barbados investor
OAKVILLE, Ont. - Parlay Entertainment Inc. (TSXV:PEI), a developer of Internet bingo software, says it struck a a non-binding letter of intent to be acquired by PEIC Acquisition Corp. in a deal valued at about $12.3 million.
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Casino gambling information:
- 1941: The Strip gets its first luxury hotel. El Rancho Vegas sets the trend for many of the themed resorts that sprout along the Strip in later years.
1942: The first wedding chapel, the Little Church of the West, opens on the Strip in the Last Frontier Hotel. - Casino gambling, including Indian gaming, is legal in 27 states and most of the casinos have been built in the last 5 years according to "America's Gambling Fever", U. S. News and World Report, 15 Jan 1996
- In 1980, the American Psychological Association included pathological gambling in their Diagnostic and Statistical Manual of Mental Disorders, Third Edition (DSM-III).
- Nevada is the oldest and largest legalized gaming center in the United States. Gaming was legalized in Nevada in 1931 in the middle of the Great Depression as a form of economic stimulant.
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