Parlay Entertainment and Stan James Sign Agreement

An agreement between Parlay Entertainment Inc. and Stan James has been signed. Parlay Entertainment is the leading supplier of Internet bingo software, and Stan James is a leading Internet bookmaker.

Now Stan James will use the Parlay bingo technology, and will launch the online bingo in Spain and in the U.K. Most likely Stan James will go online this summer, and the web address will be Stanjames.com.

Peter Fisher, CEO of Stan James said that he is convinced that Parlay has the best solutions for their current and future need, and that they have carefully studied all the bingo suppliers before they have made the decision.

He also said that the entertainment they offer will be increased thanks to this agreement. Steve Cook, Parlay's European Managing Director, said that the agreement is useful for them because Stan James will use bingo as a main feature of their future gaming strategy.

He said is glad that the company has recognized their strength like many other companies before them: Virgin, AOL and Yahoo!. More than 180 sites use the bingo software provided by Parlay Entertainment.

England's indoor public smoking ban took effect starting with July 1, so an increase in customer acquisition for the U.K based sites is expected. Mr. Cook stated that their revenues are expected to double in the next couple of years.