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UPDATED: Intertain signs licensing deal for Parlay Games’ bingo software

22nd June 2015 11:49 am GMT

Toronto-listed gaming operator Intertain Group has signed a licensing deal to secure the rights for Parlay Games' online bingo software source code, alongside the Bingo.ca domain name, for CAD$2.8m in cash.

Parlay said that the deal was a "non-exclusive, non-transferable, non-distributable, fully paid, worldwide, software license" which authorises Intertain to "reproduce, use and modify" Parlay’s object code, as well as adapt Parlay’s source code in accordance with the terms of the license.

The deal gives Intertain access to Parlay’s back [...]

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