Chartwell Games to Supply Online Gambling Firm Bodog

Published Sunday, September 02, 2012 -

Veteran online gambling operator Bodog announced recently that it would be upgrading its system with software supplied by Amaya and its subsidiary Chartwell Games. The Canadian company has been doing really well of late with deals being made left, right and center. The firm’s acquisition of gaming software developer and licencee of brand name icon games Cryptologic. The firm also has a Canadian origin before relocating to Ireland. Bodog was created by Calvin Ayre a Canadian from Manitoba.

Amaya has been looking into expansion for a few years now and through strategic positioning Montreal based Amaya Gaming Group experienced tremendous growth of revenues. The huge 285 percent surge during the second quarter of 2012 was outstanding. The expense for restructuring and acquisitions was responsible for the company’s net loss widened slightly from $1.1m last year to $2.72m in Q2 2012.

David Baazov, President and CEO of the Amaya Gaming Group, commented, “We continue to deliver very strong revenue growth achieved both organically and through acquisition. The successful implementation of our growth strategy has led to a larger and more diversified customer base, as well as a more comprehensive product offering that improves our competitive position. Our recently completed financing provides us the resources to continue to execute and pursue some significant opportunities available in our industry.” Bodog joins the company of many other noted firms such as Gala Coral, Victor Chandler, Rank interactive and that are already using Chartwell’s extensive games suite. Bodog will switch over to Chartwell on their Asian jurisdiction web location.

CTXM the former supplier, is being taken over by Teddy Sagi’s Playtech software firm and Bodog thought this may be a good time for a change in suppliers. Maybe Bodog wasn’t interested in a joint venture drama the way William Hill had to go through a while ago.

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