The series of acquisition of online bingo providers in the internet world is continuing with the latest acquisition being that of the Canadian online bingo provider, Parlay Entertainment. The provider Parlay Entertainment is a provider who had recently secured a UK license and is soon to be acquired by the PEIC Acquisition Corp.

The PEIC Acquisition Corp, on the other hand, is a subsidiary of the Letton group of investments that operates from the Caribbean island of Barbados. This is a company that works at setting up investments in firms that are involved in the online gambling industry.

Though this acquisition is practically through, it still has to meet the approval of Parlay’s board of directors and shareholders to be finalized. The bingo provider to be acquired, Parlay Entertainment is a popular bingo software provider.

It has provided software to numerous UK online bingo halls and for numerous online bingo games operators. In addition to all this, it also provides multi-player online bingo software to some UK operators like Virgin and Littlewoods Gaming.

Bingo news from bingo reviewer.