April 6, 2009 (CAP Newswire) — CryptoLogic Limited has signed a multi-year agreement to provide "at least 10" of its online slots games to Gala Coral, it was announced today.

Gala Coral is a large gaming company based in the United Kingdom, operating four of Europe’s most popular online gaming sites. With almost 300 games — many featuring well-known characters — CryptoLogic is one of the world’s largest and most prolific online casino and branded gaming software developers. The teaming up of two such large forces has big implications for both companies, and bodes well for the financial viability of both in the future.

According to a joint news release issued today, the first games under the agreement are scheduled to go live during 2009’s second quarter, with a complete launch of the full suite of ten games following over the coming months.

"CryptoLogic's strategy to focus on its Internet casino and branded gaming businesses is paying off with a steady stream of new customers — including top gaming operators such as Gala Coral," Brian Hadfield, CryptoLogic's President and CEO, said in the news release.

"Players consistently mention that CryptoLogic has the world's best Internet casino software and it's exciting to see that major operators share their confidence in our games. The result is another deal that will enhance CryptoLogic's top- and bottom-line results in 2009 and beyond."

"Gala Coral has built a significant betting and gaming business in Europe and is the only gambling company in the U.K. with significant businesses in the bookmaking, bingo and casino markets, both on the high street and online,” the news release also stated. “The company employs more than 19,000 people across its three trading divisions, making it the top betting and gambling operation in Europe.”

Click here to read the original news release.


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