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BETSAFE JOINS CRYPTOLOGIC LICENSEE LIST

09/09/09 - Online gambling software provider Cryptologic has signed a three-year agreement to license its full Internet casino suite to Betsafe.com, a Malta-based online gaming operator with a growing customer base of over 250 000 players.
 
The deal takes the total number of Cryptologic licensees to 26 and is the second full casino hosting licensing deal signed by the company this (2009) year. 

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Cryptologic's download casino is the first ever offered by Betsafe, enabling it to benefit from the software provider's complete suite of over 200 games and promotional tools. The Cryptologic casinos will initially be based on the Euro currency and in English, Danish, Norwegian and Swedish languages, with an option to widen the range of languages and currencies in the future.
 
Under the terms of the agreement, Cryptologic becomes Betsafe's exclusive supplier of download casino software, which allows players to pre-install Cryptologic's online casino to their PCs and thereby enjoy the full extent of its content-rich and interactive branded and proprietary games.
 
In addition, Cryptologic will also become a non-exclusive supplier of a full suite of instant play casino games, primarily aimed at casual players who do not wish to download games on their computers.
 
The games are expected to become available on Betsafe's website by the end of 2009 and will provide the software company with recurring revenue based on wagers placed by Betsafe's customers.
 
Brian Hadfield, President and CEO of Cryptologic, said: "This is the first time Betsafe, one of the fastest-growing operators, has offered a download casino to its players. The agreement underlines Cryptologic's credentials as a trusted partner with branded and innovative proprietary games and a technology platform that is second to none. In line with our strategy, this deal also provides us with greater penetration into the Scandinavian market and is a further significant step towards our goal of profitability and long-term growth."
 
"We are delighted to sign this agreement with Cryptologic," said Henrik Persson, chief executive at Betsafe. "Betsafe casino is committed to providing its customers with the best gaming experience available and this collaboration with Cryptologic will help us achieve that goal."

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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