By Simon Jones on Wednesday, 19 Nov 2008 Online bingo firm Parlay Entertainment has reported revenues that are up 27 and 19 per cent on last year.
These figures are for the three-month period and the nine-month period up to September 30th respectively.
Percentage gains are compared with equivalent points in 2007, the bingo software provider said in a statement.
Total revenue for the smaller period was $2,531,998, while this grew to $7,158,118 when incorporating the first two months of the year.
Royalty revenue was down 55 per cent in the third quarter of 2008 and down 31 per cent for the year when compared to 2007.
At the end of the summer, Parlay Entertainment said that it had plans to collaborate with Microgame in the new year.
The bingo group will provide the software for its partner's proposed new bingo networks in the Italian marketplace if an internet version of the numbers game gets the go-ahead in the country.
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