BETSAFE JOINS CRYPTOLOGIC LICENSEE LIST
11 September 2009
Full Internet casino suite to be provided in
three year deal
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.
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."
Online Casino News Courtesy of
Infopowa
More news here.
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