Italy's Microgame and Parlay to Launch Two Bingo Networks

1 October 2008

Microgame S.p.A., an Italian gaming service provider, and Parlay Entertainment Inc. have announced plans to launch two online bingo networks.

The networks will be powered by an Internet platform that combines Parlay’s bingo, casino and other soft-game products with Microgame’s existing management and infrastructure.

The first network launch will be held off until the Italian government adds bingo to the list of regulated I-games, which Microgame believes will happen in the first quarter of 2009. According to a prepared statement, the second network will likely be based in Malta and is set for an international launch in the second quarter of next year.

“The agreement will allow Microgame to offer Italian gaming operators served by it the opportunity to immediately enter this new market as protagonists and with success by combining the powerful characteristics of Parlay bingo with the functionalities of Microgame's regulated gaming service provider,” said Fabrizio D'Aloia, managing director of Microgame, in the statement.