Is Ladbrokes After Online Bingo's Parlay?

Published: Monday, February 25, 2008 Online-Casinos.com

IS LADBROKES AFTER ONLINE BINGO PROVIDER PARLAY?

Persistent speculation that UK gambling giant is one of the two remaining bids


Speculation on the fate of Canadian bingo software developer Parlay Entertainment continued unabated in the business press over the weekend following the withdrawal of the Cdn$12.3 million offer by PEIC Acquisitions last week (see previous Online-Casinos.com/InfoPowa report)

Parlay had earlier indicated that it was considering two other offers, but declined to reveal the identities of either. Current speculation is that one of the companies involved in the UK gambling group Ladbrokes, which has apparently been in talks with the Canadians according to newspaper reports.

Ladbrokes has been linked to other deals that did not materialise, the latest with 888.com. One reservation that has been expressed is that Ladbrokes may shy away from Parlay's US business activities.