ONLINE POKER : CRYPTOLOGIC MOVE IN PROGRESS
20 March 2009
Boss Media's IPN gets a significant player
boost
Cryptologic's decision to merge its online poker
interests with those of Boss Media became practical
reality Wednesday as the phased transfer of several
online poker sites began.
The merge, announced
late last year by Cryptologic, is motivated by a need to
substantially reduce costs while improving liquidity for
players. It will make Boss Media's International Poker
Network larger by the integration of six former
Cryptologic network sites, with the timetable set as
follows:
• 17 March - Extreme Poker • 18 March
- Classic Poker, Opoker, DTD Poker and BetJacks • 19
March – InterPoker and ParBet
Boss Media,
together with St Minver, will provide a fully-managed
poker solution based on Boss Media’s poker software.
“With the addition of six new poker licensees
including InterPoker and ParBet, we are significantly
increasing the liquidity that can be offered to both the
new licensees’ players, as well as our existing
customers’ player base. We look forward to further
developing our relationship with CryptoLogic and further
increasing the size of the IPN over time,” said Atul
Bali, President of GTECH’s New Media & Sports Betting
Co, parent body for Boss Media.
Brian Hadfield,
President & CEO of CryptoLogic, commented: “GTECH and
Boss Media are the right partners for CryptoLogic,
thanks to their independence and commitment to
innovation and technology – and it is exciting to see
this transition happen right on schedule.”
Online Casino News Courtesy of
Infopowa
More news here.
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