DUBLIN, IRELAND, Jun 26, 2012 (MARKETWIRE via COMTEX) –CryptoLogic Limited (TSX: CRY)(TSX: CXY)(NASDAQ: CRYP), an Amaya Gaming Group company and a leading developer of online betting games, announces that it has signed a new two-year agreement to license its suite of Internet casino games to Betsson Malta Ltd (Betsson), a leading European e-gaming operator listed on OMX Stockholm.
The agreement expands on an existing relationship between the two companies. Under the new deal, Betsson, which has a total active player base of more than 400,000 players across 10 gaming websites, will have access to a portfolio of more than 100 of CryptoLogic’s most popular casino games through CryptoLogic’s Instant Click platform. These games include award-winning branded and unbranded video slots and full complement of table games such as European Blackjack, European Roulette and Video Poker. Betsson will also have the right to launch any new content released by CryptoLogic going forward.
Betsafe.com is the first of Betsson’s 10 online gaming websites to go live with more than 70 of CryptoLogic’s games already available to its players following a rapid integration completed in May 2012. The expanded agreement will also enable Betsson to deploy CryptoLogic’s games across its remaining nine sites with a scheduled rollout in the second half of 2012.
Instant Click enables rapid deployment of a range of titles from CryptoLogic’s complete suite of more than 300 online games, by online operators and technology providers on their own e-gaming infrastructure and electronic cashier systems.
Ian Price, Vice President of Operations, CryptoLogic, said: “We are pleased to expand our agreement with Betsson. This deal further validates the quality of our games and their popularity amongst our licensees’ customers.”
With a broad subscriber base in more than 18 countries, Betsson offers a wide range of popular online gambling products and games in a safe and user-friendly gaming environment. Its product portfolio currently includes Sportsbook, Casino, Poker, Games, Scratchcards and Bingo.
Rudi Thomassen, Head of Games of Chance at Betsson, commented: “CryptoLogic’s games have proven very popular with our customers and we are delighted to extend our agreement with them. With more of CryptoLogic’s entertaining games on our sites it will help Betsson to continue to deliver the very best online gaming content.”