New Online Casinos For Playboy Magazine

Published: Thursday, May 11, 2006 Online-Casinos.com

NEW ONLINE CASINOS FOR PLAYBOY MAGAZINE

Cryptologic chosen to provide software and services for new online venture...but US players will be excluded


A world-famous brand, that of adult magazine Playboy will soon launch new online casinos powered by Cryptologic-Wagerlogic, but U.S. players will lose out thanks to the uncertain legal climate regarding online gambling in that country.

Press releases from Playboy Enterprises report that, in an effort to diversify its digital media revenues the group is to launch name-branded online casinos around the world, but due to regulatory issues, not in the U.S.

Oceana Caribe Licensing NV, a private operator in the Netherlands Antilles, has the exclusive rights to the Playboy brand for use in its Internet gaming business.

The deal with Cryptologic is a 3-year contract, the companys release reveals. "Playboy looks forward to rapidly expanding our broadband and wireless gaming initiatives," said Playboy Chief Executive Christie Hefner.