Betfair And Cryptologic Part Ways
Published: Friday, September 01, 2006 Online-Casinos.com
BETFAIR AND CRYPTOLOGIC REACH THE PARTING OF THE WAYS
New poker software will be supplied by in-house technology
The parting of the ways of Betfair Poker and Canadian software provider Cryptologic is not expected to have an adverse material effect on the latter, Cryptologic management said this week, revealing that even without Betfair revenues, the fees from Cryptologic's licensees have grown by 47 percent in the second quarter of 2006 compared to the same period in 2005.
CryptoLogic confirmed previously announced plans that Betfair, one of the company's poker-only customers, will move to an in-house technology solution at the end of October 2006.
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