Online gambling firm CryptoLogic signs deal with 888 Holdings

Online gambling firm CryptoLogic signs deal with 888 Holdings CryptoLogic Limited (NASDAQ:CRYP), a leading online gambling software developer to the global Internet gaming market, through its wholly owned subsidiary WagerLogic, has announced a three-year licensing contract with 888 Holdings PLC, one of the world's most popular online gambling companies. Under the agreement, 888 will select and integrate casino games from CryptoLogic that best complement 888's broad offering. "Today's announcement is consistent with CryptoLogic's strategy to partner with the world's biggest and best gaming brands - as a way to offer the ultimate player experience. 888's reputation, established player base and global marketing strength, paired with CryptoLogic's industry-leading games - it's a winning combination," said Brian Hadfield, CryptoLogic's President and CEO.

888.com is the world's number one online casino and poker room. 888 owns and operates various online gambling websites. "This reaffirms 888's strategy of creating a game ecosystem, powered by an industry-leading integration infrastructure, which enables 888 to introduce a diversified offering to existing and new players, worldwide," said Gigi Levy, CEO of 888.

Boasting more than 200 games, CryptoLogic has one of the most comprehensive casino suites on the Internet today. From popular casual games including Sudoku, Cubis, and Bejeweled to multi-bonus and multi-jackpot games featuring some of the word's most famous action and entertainment characters, CryptoLogic has earned rave reviews from industry peers and players alike. In 2008, CryptoLogic earned Gambling Online Magazine's Top Casino Software award for the third consecutive year. Based on the votes of players, it is widely considered the industry's top honour. "For CryptoLogic, 888 is a natural fit," added Justin Thouin, CryptoLogic's Vice President, Product Management and Business Development. "Together, we offer the world's best online games through one of the world's largest Internet casinos."

Source: CryptoLogic

Published on 05/11/2008