Simon Bold, Ltd. Welcomes Chartwell Technology, Inc
By Earl
According to a press release from Online Casino, Chartwell Technology Inc. (CDNX: CWH) is pleased to announce that its wholly-owned subsidiary, Chartwell Games Corporation, is to become the software supplier for the online casinos operated by Simon Bold, Ltd., of Gibraltar, which is a wholly-owned subsidiary of BetandWin Gaming Group, an Austrian firm. The developments of this agreement will allow members of the Simon Bold casinos to play Chartwell’s total suite of Java games, which need no downloading. Also to be released soon will be Chartwell’s instant-play Flash-based game.

BetandWin Gaming Group had over 260,000 registered users at the end of 2001 and a turnover of 62.3 million EUR, an enormous increase of 45 million EUR over the year 2000. Darold Parken, President and CEO of Chartwell, said, ‘Our license agreement with BetandWin reflects our marketing focus on recognized gaming brands and our expansion within the European market ... We consider the European market to be a very significant contributor to both the future growth of Chartwell and the online gaming industry. The BetandWin Gaming Group is an exciting new gaming brand within this market and we are pleased to have been chosen as their technology partner.’

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