Issue N44, 2008

October 30, 2008

New Stand Alone Suite for Parlay Entertainment

Parlay Entertainment, one of the world’s leading software companies in the line of casino and bingo gaming, has announced the release of a brand new stand alone suite. The new offering is already causing a buzz in the online gambling world, which has come to expect great things from Parlay.

The new Parlay Games suite has taken a step away from its traditional excellence in bingo games, and has instead focused on casino and side games. The new suite will include no less than sixty flash games and will incorporate a mixture of video poker, keno, slots, lottery and games of chance. Players will be rewarded with lots of familiar names, as well as some unique new offerings.

"Parlay Games is designed for seamless plug and play into existing backend systems. It is an open platform that allows you to add content fast,” said the co-founder and Chief Technology Officer of Parlay Games, Perry Malone. “Players from around the world have enjoyed these games, which are renowned for their great graphics, entertainment value and appeal to the soft gaming market. While they appeal to all types of players, many of the games have been particularly popular with females. Now that our Parlay Games suite is available as a standalone product, we anticipate greater exposure of these popular games to an even broader audience."

New York Racing Association Goes Mobile

Sports betting fans will soon be able to wager on New York thoroughbred races, thanks to a new online mobile betting platform that was created as a joint venture between the New York Racing Association and Sona Mobile Holdings Corp.

The New York State Racing and Wagering Board recently approved mobile betting as a means of placing wagers on horse races, and the Association jumped in immediately with the new platform that will extend its existing online package. The new application, to be known as mWager, will allow betting on thoroughbred racing via Blackberry and iPhone devices, although the Association said that it hopes to extend the offering to all mobile devices in the near future.

“We are excited to launch our first mWager application with such a significant organization as NYRA,” said Tony Toohey, President and Chief Executive Officer of Sona Mobile. “NYRA is an industry leader, they offer some of the best racing content in the world; they handled more than $1 billion on New York-based wagers last years, and have now secured their racing Franchise for the next quarter century.”

"mWager, in conjunction with NYRA's internet based platform, which we developed and launched last year, provides the customers the best, state-of-the-art mobile functionality in the industry," concluded Toohey.

This new mobile wagering application will give our customers a new level of wagering convenience, privacy and convenience by giving them the ability to water on a platform that offers real-time racing and wagering information anywhere, anytime on their own mobile device,” said the President and Chief Executive Officer of the New York Racing Association, Charles Hayward.

Playtech CFO Announces Resignation

The current Chief Financial Officer of software giant, Playtech, Guy Emodi, has announced his resignation from the Isle of Man based company. Emodi’s announcement, which comes only days after Playtech signed a multi million dollar agreement with William Hill gambling company, said that he was leaving to pursue other business interests.

“Guy has played an important part in Playtech's recent growth. The board will be sorry to see him leave and we wish him well for the future,” said Roger Withers, the chairman of Playtech.

Playtech announced that it would begin its search for a new Chief Financial Officer, although the company’s current Executive Director, Shuki Barak, will temporarily fill the post. The position has been held by Barak in the past.

New Petition Against Kentucky Online Gambling Domain Seizure

One of the most vocal sites against Kentucky Governor Beshear’s attempts to grab the domain names of 141 online gambling domains, has uploaded a petition that can be signed in protest to the move. The site, BoycottKentucky.com, run by Dr. Jeffrey Reynolds, calls for all of those who are concerned about the red line that Beshear is crossing in the area of internet freedom, to sign the petition. Reynolds guaranteed that the document in its entirety, with all the signatures, would be delivered to Beshear and the ruling Judge Wingate.

The petition reads: " We, the undersigned, urge you to immediately cease and desist your efforts to undermine Internet commerce and civil liberties in your state and beyond. Your wanton seizure of 141 gaming related domain names is capricious and has become a source of embarrassment worldwide for the Commonwealth of Kentucky. As Kentucky endures the fiscal crisis sweeping the entire nation, we are appalled that taxpayers must foot the bill for your misguided crusade and we urge you to publicly disclose the total costs to date associated with your investigation and prosecution of this case. Please let us know that you will withdraw this case and refocus your attention on governing responsibly and the multiple challenges facing Kentucky."

Casino News, October 2008