Leading Scandinavian gaming site becomes Cryptologic's newest customer

Toronto-based online gambling software developer Cryptologic has signed up the top Scandinavian online poker site Betsafe in a three year deal which will see subsidiary Wagerlogic introduce a comprehensive online poker package to Betsafe players later this year.

"For poker licensees, size matters. Thanks to a five-year focus on international markets, CryptoLogic's software now powers the world's largest shared poker network that excludes US players," said Lewis Rose, CryptoLogic's President and CEO. "Our size advantage, plus our adherence to strict regulatory standards will give Betsafe - and its players - a profitable, safe home online. Betsafe's established, rapidly growing player base and reputation for safe, secure gaming fit perfectly with CryptoLogic's focus on the world's blue-chip gaming brands."

Cryptologic's reputation and market-leading strength in Betsafe's core European markets were key factors in Betsafe's decision.

"When we decided to expand our poker room, we knew we wanted a trusted software provider with a reputation for liquidity, stability, quality and integrity. CryptoLogic offered all this - and more," said Andre Lavold, Betsafe's CEO. "CryptoLogic's suite of innovative, exclusive games will bring new excitement to our poker players across Europe and beyond."

Betsafe.com joins a licensee list that includes William Hill Poker.com, Interpoker.com, Sun Poker.com, Pokerplex.com, Classic Poker.com, UKbetting Poker.co.uk, Littlewoods Poker.com, and a soon-to-be launched Playboy site. CryptoLogic's strategy to strengthen its leadership in Internet poker involves investing in strong partnerships with trusted, brand name licensees, and in product development and system scalability, said a spokesman.