VIDEO KING AND PARLAY GAMES INC. RECEIVE GLI CERTIFICATION FOR BINGO TREASURES


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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 national, tribally-bound flagship product of class II bingo product: Bingo TreasuresTM (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 license agreements and install dates with the tribes who will be the first to enter with us and launch Bingo TreasuresTM in any installation (not only 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 methodologies allows us to create a multi-billion dollar national game, which will only be offered by the Indian tribes of the sovereign nation of the States United, to play from their tribal lands.”

“Connecting tribes across the United States, as tribal partnerships accelerate, the Weekly Millions™ game jackpots, which will start at $2 million, can potentially exceed $100 million depending on game odds. Additionally, Bingo TreasuresTM’s innovative two-part game style gives players multiple chances to win with every purchase Players don’t just play for free bingo cards and attractive cash prizes in the PlayNowTM portion of the game, but also play for potential jackpots, cars, and other substantial life-changing prizes. We anticipate that player and tribe participation will increase as players learn about Bingo TreasuresTM and other tribes. will understand the game’s ability to attract players more frequently, create additional purchases, and attract new players,” Morin continued.

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, Chief Financial Officer: [email protected] (402) 951-2970 ext. 6843

Phil Sherwood, Sales Manager: [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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Source: VKGS LLC