With more than two rival offers being made for the online gaming software company, Parlay Entertainment, the company has now become a popular choice in the acquisition market. This is mainly because of the C$12.3 million bid that was placed by PEIC for the Canadian developer.

 

Parlay Entertainment is a company that offers both online bingo games and online bingo software, as part of its list of products, to online gaming companies. The company now states that it has two other bids that are being made from other companies that are interested in purchasing ownership of the company.

 

However, the names of these interested companies have not been disclosed by Parlay so far. But they have mentioned that the bids are basically ‘superior’ than the bid placed by PEIC.

 

Parlay Entertainment is now undergoing negotiations with these new bidders so that they can conclude the transaction by the end of the month of February. However a spokesman from Parlay has mentioned that there is no assurance that the agreement will be entered into

 

This is not because of negotiations nor that will the proposed transaction be approved by the shareholders of the Parlay Company. It is because Parlay has a white list status in UK that it is permitted to advertise bingo online products in the UK free online bingo market.

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