Three suitors for parlay

When Sportingbet founder Mark Blandford’s PEIC Acquisition group made a Cdn $ 12.3 million offer for Ontario-based gambling software developer Parlay Entertainment earlier this year, it seems to have triggered rival interest in the company. This week Parlay announced that it has now received two other expressions of interest from parties interested in conducting due diligence which could result in a possible purchase of all of the issued and outstanding shares of the company.

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Sat, February 16th, 2008

Related Gambling News:

Interesting gambling information:

  • Catholics were found to be more likely to gamble than Protestants and other religious groups. Catholics were also found to be less likely to disapprove of gambling than other religious groups.
  • Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
  • Baccarat is the principal of casino card games in the United Kingdom and Europe. Blackjack is a fixture in all American casinos.
  • Originally, the double-zero wheel started in Europe and the single-zero wheel started in America. But, Europeans liked the single-zero wheel better, and Americans liked the double-zero wheel better so they switched. Today, the American wheel and double-zero wheel are synonymous.