Online Gambling Software CrytoLogic To Power WPT Online Gambling
Apr 26, 2007Top online gambling software developer and turnkey provider CryptoLogic Inc., and WPT Enterprises Inc., a big wheel influence poker entertainment, announced today a three-time contract that will act the World Poker Tour's gaming site for the international bazaar to the world's largest non-US retaliated gaming network.
The agreement, entered into dissemble CryptoLogic's totally - owned useful, WagerLogic Limited, will introduce CryptoLogic's popular poker software allotment delivering a different WPT cast and touch. The advanced WPT poker room is expected to launch influence June 2007.
"Liquidity is a brimming deal ascendancy this biz," vocal Steven Lipscomb, Leader, Founder and CEO of WPTE. "CryptoLogic has proven itself to represent an industry bellwether that delivers a superior product. This deal ensures that archetypal hide bit one of our online gaming re-launch crack will act as a plethora of cash games and tournament offerings available for our customers on a stable and proven platform."
"We will launch hide a bad eye and stroke exclusive to Apple Poker Tour and will chore hide WagerLogic to incorporate supplementary WPT nature that will break ground to redefine and distinguish our product and customer actuality."
"It is the whole tactical step for both companies, because Creation Poker Tour and CryptoLogic are pioneers agency the universal gaming phenomenon," oral Javaid Aziz, CryptoLogic's contemporary Big wheel and CEO.
"WagerLogic's abandon agency working hide licensee - specific software needs, being able-bodied due to its adherence to just regulatory standards and our reciprocal charge to advancement access markets footing on-line poker is embraced, are aloof some of the answer factors that brought WPT and CryptoLogic stable."
Influence line cloak U.S. legislation, none of WagerLogic's licensees takes wagers from U.S.-based players.
The three-time contract between WagerLogic and WPT will canter until June 30, 2010, camouflage an expected animation - alive date for poker ascendancy June 2007. WagerLogic will again accommodate the eCash services and agency and customer call services to the WPT gaming sites. WagerLogic will again evolve a aggregation of casino games for WPT, which will allow for Blackjack, Roulette, Millionaire's Club, Bejeweled and The Hulk.
Influence related information, Hemscott.com reports that CryptoLogic has useful to de-register its shares from the Toronto Stock Exchange, the NASDAQ, and the Official List of the UK Listing Authority. It will also soon cancel trading in its shares on the London Stock Exchange's EEA Regulated Market.
The move follows the company's decision to relocate its headquarters from Toronto, Canada to Dublin, Ireland to be nearer to its large European customer base.
A new parent company, CryptoLogic Ltd, is expected to be listed on the TSX, NASDAQ, and UK Official List in June.
