VIDEO KING AND PARLAY GAMES INC. RECEIVE GLI CERTIFICATION
OMAHA, Neb., June 06, 2022 (GLOBE NEWSWIRE) — VKGS LLC, “Video King” and Parlay Games Inc. announced the certification by Gaming Laboratories International (“GLI”) of their flagship national, tribally linked, class Bingo Product II: Bingo TreasuresMT (Patent pending). With the completion of GLI certification and the filing of a patent application with the USPTO, Video King has begun licensing this suite of Class II related iGaming products to tribal customers across the United States. The partners previously announced their collaboration to create a new Tribe-Linked Class II Bingo game with multi-million dollar weekly jackpots. The two companies have now combined their synergistic efforts and intellectual property assets in a new joint venture.
“With GLI approval in hand, we will now work quickly to finalize licensing agreements and installation dates with Tribes who will be the first to join us and launch Bingo Treasures.MT at any facility (not just gaming facilities) on their tribal lands,” said Video King Chief Financial Officer Rusty Morin. “The combination of the game’s Class II bingo software certification and patent pending allows us to create a multi-billion dollar, national game, which will only be offered by Indian tribes in the sovereign nation of the United States, to play from their tribal lands. »
“By connecting tribes across the United States, as tribal partnerships accelerate, the Weekly MillionsMT the game’s jackpots, which will start at $2 million, can potentially exceed $100 million depending on the odds of the game. Additionally, Bingo TreasuresMT The innovative two-part style of play gives players multiple chances to win with every purchase. Players don’t just play for free bingo cards and attractive cash prizes in PlayNowMT part of the game, but also play for potential jackpots, cars and other substantial prizes, which will be guaranteed every week. We expect player and tribe participation to increase as players learn about bingo treasuresMT and other tribes understand the game’s ability to bring in players more frequently, create additional purchases, and attract new players,” continued Morin.
Partners are excited to provide Tribes with the ability to offer Bingo Cards for purchase at all facilities with point-of-sale systems located on Tribal lands, including gas stations, convenience stores, restaurants , golf courses, bars, smoking rooms and casinos. Configurable settings in the game system will also allow tribes to decide the amounts and type of facilities where winning bingo cards can be redeemed, allowing for controls and the ability to drive foot traffic to particular destinations.
For more information about Bingo Treasures, contact the following people:
THE KING OF VIDEO (www.videokingnetwork.com), Omaha, NE, is a pioneer in the portable electronic land bingo industry, supplying products to charity, commercial, tribal and military bingo halls around the world.
Contact:
Tim Stuart, CEO: [email protected]; (402) 951-2970 ext. 7777
Rusty Morin, CFO: [email protected] (402) 951-2970, ext. 6843
Phil Sherwood, Director of Sales: [email protected]; (512) 750-5373
PARLAY GAMES INC. (www.parlaygames.com), Burlington, Ontario, was the first company in the world to market online bingo software. Parlay is a leading developer of innovative soft gaming products and systems targeting regulated iGaming markets on four continents, as well as tribal customers and social gaming verticals.
Contact:
Bob Williams, CEO: [email protected]; (356)77188464
Scott White, Co-Founder and Executive Chairman: [email protected]; (416) 704-6611
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