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PARTYGAMING DEAL SIGNED WITH CRYPTOLOGIC
Internet gambling software provider CryptoLogic Limited, has announced a five-year licensing agreement with the London-listed major online gambling group PartyGaming plc.
CryptoLogic will initially provide PartyGaming with a suite of its branded casino games, and expects these to be launched in the first quarter of 2009, adding significantly to the company's 2009 revenues. The agreement gives PartyGaming the option to add any other CryptoLogic-powered casino games in the future.
Brian Hadfield, CryptoLogic's President and CEO said: "We are delighted to welcome PartyGaming as our latest partner. This is one of CryptoLogic's biggest customer wins of the year and an endorsement of the branded games element of our new strategy. PartyGaming has chosen six CryptoLogic games that represent four different partnerships with world-famous entertainment brands."
PartyGaming represents CryptoLogic's ninth new customer in 2008, joining an impressive list of established and emerging gaming brands that includes 888.com, Sky Betting and Gaming, Gaming Media Group (The Poker Channel), Maharajah Club, OPoker, Kurastica, Betjacks and Khel Galli.
"PartyGaming and CryptoLogic are two of the biggest names in Internet gaming - and we're excited to bring some of CryptoLogic's greatest games to our players for the first time," said Jim Ryan, PartyGaming's Chief Executive Officer.
"This agreement reflects PartyGaming's strategy to broaden our product base - and grow our player base - through innovative alliances. Because these games will be great for our players, they will be good for our business."
PartyGaming already has an exclusive licensing deal with Paramount Pictures' digital entertainment arm, and it has used this to create its own series of movie-themed online slots based on Top Gun, The Godfather, Saturday Night Fever and Mission: Impossible.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
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Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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