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.

Read the rest >>

Fri, January 11th, 2008

Related Bingo News:

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.