Betsson Malta Signs Deal with Cryptologic

Published Monday, March 08, 2010 -

Cryptologic is growing again, this time by signing a three year agreement with Betsson. Betsson Malta Ltd which a leading Stockholm OMX listed online gaming operation is going to be licensed by Cryptologic to offer nine or more of the software company's most popular online wagering games. CryptoLogic Limited is located in Ireland after it's origins in Canada proved too far away from it's developers and market. Cryptologic has been making good headway in competitive market. It's stable of clients is most impressive that include top brands and international online casinos. Cryptologic's subsidiary Wagerlogic Ltd. handles all of the company's licensing deals only offering it's products and services to gaming operators that do not allow gamblers from the USA. Some of Cryptologic's games use some of the best known characters in the world of movies and comics for it's games action all certified and maintained in compliance to the highest of standards. Some of the company's top slot games are to be launched on Betsson's websites with one that has already gone live on CasinoEuro. Earnings from the licence are to be garnered from recurring revenue based on wagers placed by Betsson's gamblers. Cryptologic's Vice President, Justin Thouin, commented on the agreement, "Betsson is the latest customer to sign up to CryptoLogic's games, underscoring the value our innovative and rich content brings to operators worldwide. With every new licensee CryptoLogic not only expands its global reach but also strengthens its base for generating long term revenues."'s Business Area Director, Magnus Grinneback, said,"We are confident CryptoLogic's highly innovative games will enhance our customers' gaming experience and attract more demand. We look forward to working with CryptoLogic to help us achieve just that." All the games are expected to be introduced across the three brands Betsson runs later this year. A subscriber base in more than 18 countries, Betsson offers a wide range of gambling venues.






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