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CryptoLogic licensing its suite to Betsafe

By adding two casino stables to their substance only in 2009 CryptoLogic have extended their brand all over the world, becoming one of the strongest online casino gaming software providers. It is gaining more and more power in the online gambling market having twenty six licenses with online casinos using exclusively their online casino software. CryptoLogic, a worldwide known developer of Internet casino software and branded online betting games has now the chance to penetrate into the Scandinavian market by licensing its internet casino suite to Betsafe.

According to the latest news CryptoLogic has signed a three-year deal with Betsafe.com about licensing its full internet casino suite to it. The agreement includes a revenue sharing system, which means that once the software gets in use, CryptoLogic will be getting a part of the revenue generated at Betsafe.com.

This deal is offering high benefits for both of the sides according to the statement of Brian Hadsfield, President and CEO of CryptoLogic; on one side this will be the first time Betsafe, having 250,000 customers, will be offering a download casino to gamblers and on the other side CryptoLogic will get closer to long-term growth on the market, by getting in to the Scandinavian market.


CryptoLogic download casinos will be based on Euro, available in Swedish, English, Norwegian and Danish languages, offering over 200 promotional tools and games. CryptoLogic according to the agreement will be Betsafe’s only download casino software supplier and will also supply instant play casino games for casual players not willing to download casino games to their PCs and in according recurring revenues based on Betsafe customer placed wagers will be provided to CryptoLogic.


CryptoLogic games are expected to become available on Betsafe’s website by the end of the year 2009.

 

 

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