| August 20, 2007 (Dublin, IRELAND, and Toronto, CANADA) – Vegas-style online casino action is now available from one of the world’s top names in poker entertainment.|
CryptoLogic Limited, a leading software developer to the global Internet gaming market, has launched a new casino on World Poker Tour®’s (WPT) gaming site (www.worldpokertour.com), customized to match the look, feel and functionality that WPT’s devoted players enjoy.
Under an agreement between CryptoLogic’s wholly-owned subsidiary, WagerLogic Ltd., and WPT Enterprises Inc. (Nasdaq: WTPE), CryptoLogic will be the sole software provider for the new casino site. The companies also joined forces in April to launch WPT’s new Internet poker room, featuring CryptoLogic’s proven poker software.
“For CryptoLogic, WPT’s new casino site builds on a great partnership that brings together one of the biggest names in gaming with one of the biggest names in e-gaming software,” said Javaid Aziz, CryptoLogic’s President and CEO. “CryptoLogic’s award-winning software has earned WPT’s confidence, and it’s exciting to see casino and poker together on this very popular site. Together, we’re providing an exceptional entertainment experience to players worldwide.'
The new site will feature a “10-pack” of CryptoLogic’s most popular award-winning games. These include Millionaire’s Club, CryptoLogic’s proprietary mega-progressive jackpot slot that recently paid out the two largest jackpots in online gaming history — more than $8 million and $4 million, respectively. The site will also feature fan favourites Hulk and Thor in smash-hit Marvel jackpot slots, and the phenomenally successful casual slot games, Cubis and Bejeweled — all available exclusively to CryptoLogic licensees.
“For WPT, it was important to offer a superior casino experience with integrity and innovation — and CryptoLogic was the natural fit,” said Steven Lipscomb, President, Founder and CEO of WPT Enterprises. “CryptoLogic’s poker software has been extremely popular with our customers, and by adding some of the Internet’s most popular casino games, the player’s experience at WPT will be second to none.'
www.worldpokertour.com becomes the latest major brand to join CryptoLogic’s casino customer base, which also includes famous names such as InterCasino, William Hill, Littlewoods and Playboy. CryptoLogic has earned the honour of Top Casino Software from Online Gambling Magazine in each of the last two years. The award, based on the votes of readers, players and website visitors, is widely considered the industry’s top honour.
“By providing a ‘mini-casino’ of our top-performing games, we’re helping customers build player loyalty — and profitability,” said A.J. Slivinski, Managing Director of WagerLogic. “The combination of top quality games from CryptoLogic -- and rapid deployment by WagerLogic -- is yet another competitive advantage for our customers, and our business.”
About CryptoLogic (www.cryptologic.com)
Focused on integrity and innovation, CryptoLogic Limited is a world-leading, blue-chip public developer and supplier of Internet gaming software. Its 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 its gaming software and services to blue-chip customers who offer their games around the world to non-U.S. based players. For information on WagerLogic, visit www.wagerlogic.com.
CryptoLogic’s common shares trade on the Toronto Stock Exchange (CRY, CXY), the NASDAQ Global Select Market (CRYP) and the Main Market of the London Stock Exchange (CRP).
MARVEL, and all related character names and the distinctive likenesses thereof are trademarks of Marvel Characters, Inc., and are used with permission. Copyright Ó 2007 Marvel Characters, Inc. All rights reserved. www.marvel.com. Super Heroes is a co-owned registered trademark.
WPT Enterprises, Inc. (Nasdaq: WPTE) is a company engaged in the creation of internationally branded entertainment and consumer products driven by the development, production, and marketing of televised programming based on gaming themes. WPTE is the creator of the World Poker Tour®, a television show based on a series of high-stakes poker tournaments that airs on the Travel Channel in the United States and is scheduled to begin broadcasting on GSN in early 2008. WPT is licensed for broadcast globally. WPTE also offers real-money online gaming on its website, www.worldpokertour.com. which prohibits wagers from players in the U.S. and certain other restricted territories. WPTE currently licenses its brand to companies in the business of poker equipment and instruction, apparel, publishing, electronic and wireless entertainment, DVD/home entertainment, casino games, and giftware. The company is also engaged in the sale of corporate sponsorships. For show information, tools for improving poker play, and other WPT news, fans may log on to www.worldpokertour.com. WPTE is a majority owned subsidiary of Lakes Entertainment, Inc. (Nasdaq: LACO). Photos and media information can be found online at: www.worldpokertour.com/media