Cryptologic news Update
Cryptologic Inc., a leading software developer to the global
Internet gaming market, has announced an exclusive
three-year licensing contract to provide both poker and
casino software for Holland Casino which is the
government-licensed casino operator in the Netherlands. The
new site, run by Holland Casino on behalf of the Dutch
government, is expected to launch in June 2007, and will be
available to residents of the Netherlands only.
Lewis Rose, Cryptologic's President and CEO states:
"At Cryptologic, we're focused on strengthening our
competitive advantage in Europe, and our new relationship
with Holland Casino achieves this — in spades," and says
"By adding a government controlled casino operator to our
blue-chip roster of customers, we have an excellent template
for other governments interested in realizing the benefits
of safe, secure and regulated Internet gaming."
The agreement, made through Cryptologic's wholly-owned
subsidiary, WagerLogic Limited, reflects Cryptologic's
commitment to working with large, trustworthy casino
operators. This agreement is subject to certain
ratification, including by the Dutch government authorities
and the Supervisory Board.
Holland Casino operates a total of 14 land-based casinos
across the Netherlands. Since its first land-based casino
opened in the Netherlands in 1976, Holland Casino has
experienced several large expansions, including the addition
of city-centre casinos in Amsterdam, Rotterdam, Breda,
Nijmegen and Groningen.
"As we take Holland Casino online, we needed a quality
partner who could support us with innovation and integrity —
and Cryptologic exceeded our expectations," said Ron
Goudsmit, Holland Casino's Vice-President Business
Development. "We're excited to develop and launch our
online gaming site, which includes a comprehensive
responsible gaming program, with a respected provider who
can deliver a unique experience to our customers."
Other top gaming sites using the Cryptologic software
Interpoker, Playboy Gaming, ukbetting,
Littlewoods Gaming, DTD Poker, Betsafe, Parbet Poker and
Extreme Poker. Since 2004, they've introduced over 100
casino games that have become very popular with players
because of their uniqueness.
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