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Cryptologic Sign Exclusive Online Casino Deal

Cryptologic has signed an exclusive agreement with The Gaming Network, host of some of the UK's most popular gaming sites. Under the agreement, CryptoLogic becomes TGN's exclusive supplier of download casino software, and will also supply TGN's brands with a full suite of non-download casino games.

The Gaming Network will use Cryptologic's software in the third quarter of 2009, beginning with which receives more than 2.2m views and 800,000 unique visits each month.

"CryptoLogic's casino software is both highly popular and highly profitable, and today that earns us the confidence of yet another European customer," said Brian Hadfield, CryptoLogic's President and CEO. "It's significant that through one agreement, CryptoLogic will supply Internet casino software to several leading brands — and that will add to our revenue and profitability in late 2009 and beyond."