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Wednesday 11th January 2006

Online Casino Extends Contract with CryptoLogic

CryptoLogic subsidiary, WagerLogic has announced the extension of its contract with ukbetting plc

WagerLogic will continue to provide Internet poker software to the European firm on an exclusive basis until 2009. The contract also extends ukbetting's use of WagerLogic casino software until 2008.

Following further application development, ukbetting expects to be able to offer its customers a single wallet within the first half of 2006 and believes this increased flexibility for customers will help maximize revenue growth.

Eric Semel, Chief Executive of ukbetting plc said, ‘Offering a single wallet to our customers is a key part of our strategy going forward and represents an opportunity for further leveraging our existing customer base. By integrating WagerLogic's poker solution into our back end systems, we are taking the first step towards offering our customers a seamless gaming experience.’

Source: OnlineCasinoNews

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