10/14/09 – Online gambling software developer Cryptologic has signed a multi-year agreement to license a suite of at least 10 quality online betting games to Rank Interactive, a division of the major UK gambling group Rank Group plc.
CryptoLogic will provide its most popular branded and unbranded slot games for inclusion on Rank Interactive's websites, including Bluesq.com, Meccabingo.com and Gcasino.com. Two games are already live with more scheduled for launch throughout the fourth quarter and further roll-outs scheduled for the first half of 2010.
The games are being deployed through Orbis Technology, a global platform solutions provider to the betting industry, and will provide CryptoLogic with recurring revenue based on wagers placed by Rank Interactive's customers.
The deal takes the total number of CryptoLogic licensees to 28.
Angus Nisbet, Gaming Director at Rank Interactive, commented: "At Rank Interactive we have been looking to build on our success and expand our increasingly popular games offering. By striking this deal with CryptoLogic our customers are gaining access to the very best and most innovative betting games on the market, enhancing our relationship and revenue prospects going forward."