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Mon, Oct

Cryptologic Signs Deal with Bet24

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Cryptologic, the Dublin based global developer of branded online betting games and internet software has signed an agreement with Bet24, the Scandinavian online gaming company.

In terms of the agreement, Cryptologic will license at least 10 of its popular betting games to Bet24 which will result in Cryptologic earning recurring revenues from wagers placed by Bet24 customers on some of its’ top slot games.

These games are being made available to Bet24 by Cryptologic games through Technology Solutions (GTS) which provides the platform for many of the world’s largest Internet gaming sites. The games will not be launched on Bet24’s regular online casino but on its Games portal.

Cryptologic’s Vice President, Justin Thouin, said, "Bet24 is our first new licensee of 2010 and builds on the strong momentum of new customers gained by Cryptologic in 2009. With a growing roster of leading online gaming operators, Cryptologic continues to increase its reach across the global player community with its compelling branded gaming content."

Casino and Games Manager of Bet24, Kim Larsen, was also thrilled with the deal as the objective of Bet24 is to provide its customers with the very best gaming products available in the market.  He feels that the agreement between Cryptologic and themselves will enable them to do just that.

Two games, Cubis and Bejeweled, are already live at Bet24 and the remaining games will be launched in stages throughout the year.