![]() Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! |
Gaming News
CryptoLogic and William Hill in contract renewal negotiations28 November 2006ORONTO, Ontario -- (PRESS RELEASE) -- CryptoLogic Inc., a leading software developer to the global Internet gaming industry, today announced that its wholly-owned subsidiary, WagerLogic Limited, is in the process of negotiating a renewal contract with European betting and gaming giant, William Hill. The companies have entered into a non-binding term sheet which reflects the agreement in principle and builds on the companies' mutually beneficial seven-year relationship. Additionally, William Hill launched an innovative suite of 24 new CryptoLogic-developed non-download games on its online casino site, www.williamhillcasino.com. Based on the provisions of the term sheet, the companies expect to finalize and sign a three-year long form contract. The current contract was to expire in November but has been extended to allow for the completion of negotiations in early December. "We have an excellent relationship with William Hill and look forward to even more success both through a new contract later this year and the new business opportunities that this exciting suite of non-downloadable games represent," said Lewis Rose, CryptoLogic's President and CEO. WagerLogic has supplied William Hill with the new non-download games under its status, established earlier this year, as preferred supplier for such games to William Hill's primary UK pound sterling and US dollar properties. "CryptoLogic's continuous flow of innovative games is one of the major reasons we have worked together for over seven years," said Peter Nolan, William Hill's Group Director, Remote Channels. "Non-download games are great tools to attract new players, keep casual players involved, and to cross-sell downloadable casino games, which offer an even richer entertainment experience." Altogether, CryptoLogic now offers over 60 exciting non-download games, which complement the company's suite of over 200 market-leading downloadable games, and has introduced almost 100 new games since 2004. The new non-download suite includes some of the Internet's most popular slot titles. According to Justin Thouin, Vice President, Casino Software Development, "We already offer the best, most innovative suite of downloadable online casino games. By converting 24 of our most popular titles into non-download format, we have staked out a leadership position in that category, too." Now at William Hill, gamers can instantly play slot favourites like Bejeweled, the wildly popular gem-matching game, with one click of the mouse—no waiting. The non-download version of Millionaires' ClubTM gives players a shot at its record-setting online jackpot, currently exceeding 4.7 million US dollars, pound sterling or euro. And for the first time, players can enjoy instant play versions of exclusive high-impact action slots featuring Marvel Super Heroes like Blade, Silver Surfer, Daredevil, The Hulk, Punisher, Thor and the X-Men. "These new games take advantage of proven winners from our deep download game roster to deliver a unique new Internet entertainment experience for the instant game player," added A.J. Slivinski, WagerLogic's Managing Director. About CryptoLogic Focused on integrity and innovation, CryptoLogic Inc. is a world-leading, blue-chip public developer and supplier of Internet gaming software. CryptoLogic's leadership in regulatory compliance makes it one of the very few companies with gaming software that is certified to strict standards similar to land-based gaming. WagerLogic Limited, a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of the company's gaming software and services to a blue-chip customer base around the world.
CryptoLogic and William Hill in contract renewal negotiations
is republished from Online.CasinoCity.com.
|