Chartwell currently provide the casino games software to a number of uk casino sites including Coral Casino, StanJames and VCCasino.
Commenting on the merger, Darold H. Parken, president and chief executive officer of Chartwell, said: "Chartwell and Parlay are a perfect fit. In an ever-expanding remote-gaming industry, Chartwell and Parlay share a unique and highly successful business model, and enjoy great reputations. Our combined entity will be a much stronger and effective competitor, and our customers will benefit from the merger of our best-of-breed gaming applications and our talented group of people. We are very excited about joining forces and working with the people at Parlay to build the worlds most comprehensive and flexible gaming software system, while maintaining our independence from the operation of any gaming business."
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