Parlay Entertainment Inc.
TSX VENTURE : PEI

Parlay Entertainment Inc.

January 20, 2006 11:00 ET

Parlay-Powered Bingo Sites Dominate WhichBingo.com Awards

OAKVILLE, ONTARIO--(CCNMatthews - Jan. 20, 2006) - Parlay Entertainment Inc. (TSX VENTURE:PEI) -

Twenty-two websites using Parlay Entertainment software are recognized among the Best of 2005.

Parlay Entertainment Inc. (TSX VENTURE:PEI), is pleased to announce that websites using its software have dominated WhichBingo.com's 2005 Player's Choice Awards. The awards recognize 22 Parlay-powered sites as being among the best bingo websites in 2005.

In the Best Overall category, Parlay-powered sites received five of the Top Ten awards. No other software maker had more than a single site in the Top Ten. An additional two Parlay-powered sites were recognized among the Top 20.

In the Best New Site of 2005 category, Parlay-powered sites claimed 14 of the Top 20 spots, an impressive 70%.

"We'd like to congratulate all our customers who have been recognized with these prestigious awards," said Scott White, President and CEO of Parlay Entertainment. "They are certainly a recognition of excellence for site operators, but are also proof that Parlay is simply the best option in online bingo software. Not only do our games have the features players love, but our software is also the most trusted and reliable."

"The WhichBingo.com award is especially important because it is voted on by the players themselves," says Stuart Gordon, whose site BingoMania.com placed first in 2004 and second in 2005. "Ultimately, the players are the ones we're out to please. I think these awards really show that players recognize our brand as being the best. It says great things about us and great things about Parlay's products and services as well."

Parlay also had a strong showing among UK-facing bingo sites, where three of the Top Five UK sites use Parlay Entertainment software. Phil Fraser, host of the awards at WhichBingo.com, stated that there wasn't a UK specific vote for 2005, but because of the growth in that market, he plans to launch one next year.



Parlay-powered sites recognized among the Top Overall Bingo Sites of
2005:

- BingoMania.com
- BingoHall.com
- Bingonanza.com
- BingoVega.com
- AmigoBingo.com
- Bingos.com
- BingoCard.com

Parlay-powered sites recognized among the Top New Bingo Sites of 2005:

- 123Bingo.com
- Bingonanza.co.uk
- CanadianDollarBingo.com
- BingoBilly.com
- BingoBoogie.com
- BingoAngels.com
- VirtualBingo.com
- StarBingo.com
- VirginBingo.com
--CrystalPalaceBingo.com
- MajorBingo.com
- HotPepper.com
- BingoLOL.com

Parlay-powered sites recognized among the Top UK-Focused Bingo Sites
of 2005:

- Bingonanza.co.uk
- BingoMania.co.uk
- BingoBoogie.co.uk


About Parlay Entertainment

Parlay Entertainment Inc. is the world's leading developer and dominant licensor of Internet bingo solutions. As the inventor and patent holder of Internet bingo, Parlay is the first company in the world to develop and deploy a commercial Internet bingo product. Parlay Bingo is available in both 75-number and 90-number versions and is complemented by a full suite of lottery and casino games. Our multi-player, multi-platform technology is used to power more online bingo sites than any other software provider in the world. Some of the world's best-known brands use Parlay Bingo solutions, including Virgin and Yahoo!

Parlay has an eight year proven track record built on the success of our clients: In 2005, more than 2.8 million players wagered nearly $2 billion USD on gaming websites that use Parlay software. Parlay is headquartered in Oakville, Canada with offices in Bridgetown, Barbados and Valletta, Malta.

This document may contain statements about expected future events and/or financial and operating results of Parlay Entertainment Inc. that are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that predictions and other forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements.


(1)United States Patent No. 6,585,590 "Method and system for operating a bingo game on the internet", with other Patent applications pending in other countries.

The TSX Venture Exchange does not accept any responsibility for the adequacy or accuracy of this release.

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