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MicroGaming Licenses Casino Games to Betware to Enter New Markets

May 20, 2010 (CAP PR Wire) — Microgaming (www.microgaming.com), the world’s largest provider of online gaming software, today announces that Betware, the leading gaming solution and services vendor, is now licensed to sell and market Microgaming’s market leading suite of casino games, on top of its existing platform, to state lotteries.

Betware has 14 years experience in providing Internet solutions for lotteries and currently offers an unrivalled turn-key solution, gaming platform and a large portfolio of games.  The agreement, granting Betware the ability to supplement its impressive suite of lotto, instants, sports betting, bingo, racing, skill and casual and multi-player games with access to over 85 high quality casino games from Microgaming, represents a truly unique offering for state lotteries to deliver to their player base.  

Stefán Hrafnkelsson, Betware CEO, says: “We are very proud and excited to be licensed to sell and market Microgaming’s casino games to growing markets. This agreement significantly expands our product offering, and provides our customers with a great opportunity to leverage on the fantastic success of the Microgaming brand. Ultimately we believe that this venture will not only be beneficial for the state lotteries we service, but for both ourselves and Microgaming too.”

Roger Raatgever, Microgaming CEO, says: “We are delighted to be able to license our casino games to Betware, which is truly a market leader in its field. Betware’s long history in gaming combined with its extensive lottery network will be beneficial in pushing the Microgaming brand into exciting new territories and markets. We look forward to a long and successful working relationship.”

For media information please contact:
Duncan Skehens / Neil Gregory / Lyndsay Haywood
Lansons Communications
020 7490 8828
DuncanS@lansons.com / NeilG@lansons.com / LyndsayH@lansons.com

Árni S. Pétursson, Chief Marketing Officer
Tel:        +354 580 4700
Direct:    +354 580 4787
Mobile:   +354 865 2009
E-mail:    arnipe@betware.com

Przemek Berendt, Business Development Manager
Tel. +48 22 637 5761
Mobile:  +48 604 794 700
E-mail: przemyslaw@betware.com

About Microgaming (www.microgaming.com)
Since the company developed the first true online Casino software over a decade ago, it has led the industry in providing innovative, reliable gaming solutions. Thanks to an unrivalled R&D programme, that averages 60 games per year and a unique ‘partnership’ approach to working with operators; Microgaming software powers over 160 market leading online gaming sites.

The company’s front and back-end software supports multi-player, multi-language games – over 450 of them, all uniquely branded and provides platforms for land-based and wireless gaming.  Microgaming powers the world’s largest Progressive Jackpot Network and has paid out over €265million. In May 2009 it created the biggest ever online jackpot winner with a single payment win of €6.37m.

As a founding member of eCOGRA, Microgaming is at the forefront of an initiative focused on setting the highest standards in the gaming industry, and leads in the areas of fair gaming, responsible operator conduct and player protection.  Microgaming has been awarded eCOGRA’s Certified Software Seal following a rigorous onsite assessment to ensure that the development, implementation and maintenance of the software is representative of industry best practice standards Microgaming licensees are therefore eligible to apply for the eCOGRA Safe & Fair Seal.

About Betware (www.betware.com)
Betware is a pioneer in the Internet gaming market.  The company was established in Iceland in 1998 with focus on developing interactive gaming solutions for legalized state lotteries. Betware’s platform covers the spectrum of online money gaming sector, from back end to player gaming experience.

Betware’s customers are among the most innovative national and state lotteries in Europe and North America. In connection with delivering solutions to these lotteries, Betware’s Technology has passed numerous lottery audits which provide proof of the strength and security of Betware’s solutions. In 2009 Betware achieved ISO 27001 certification for information security.

Betware’s headquarters are based in Iceland with regional offices in Denmark, Spain, Poland and Canada. The company bought Danish game developer Certus which focuses on multiplayer social games in 2006.

Betware is a proud member of The World Lottery Association and the European Lotteries.