Dublin-based online casino software developer CryptoLogic Limited has announced a five-year licensing agreement with PartyGaming for the provision of a suite of its top-branded casino games.
PartyGaming is one of the world’s largest online gaming operators and revealed that the six games would be released early next year with strong revenue growth anticipated. The Gibraltar-based operator of sites such as PartyPoker.com, PartyCasino.com and PartyBets.com also revealed that the agreement features an option of adding other CryptoLogic-powered casino games in the future.
“We are delighted to welcome PartyGaming as our latest partner,” said Brian Hadfield, President and Chief Executive Officer for CryptoLogic.
“This is one of CryptoLogic’s biggest customer wins of the year and an endorsement of the branded games element of our new strategy. It proves that when you combine great innovation and excellent execution, you get expansion.
“PartyGaming has chosen six CryptoLogic games that represent four different partnerships with world-famous entertainment brands. It is a clear validation of CryptoLogic’s branded gaming strategy and our success in delivering a superior customer experience.”
The agreement was made through WagerLogic Limited, a subsidiary that licenses CryptoLogic software and services to leading gaming and entertainment brands, and represents the Irish firm’s ninth new customer this year. PartyGaming has joined a list of established and emerging gaming brands including 888.com, Sky Betting, Gaming Media Group and Maharajah Club in licensing CryptoLogic games.
“PartyGaming and CryptoLogic are two of the biggest names in Internet gaming and we’re excited to bring some of CryptoLogic’s greatest games to our players for the first time,” said Jim Ryan, Chief Executive Officer for PartyGaming.
“This agreement reflects PartyGaming’s strategy to broaden our product base and grow our player base through innovative alliances. Because these games will be great for our players, they will be good for our business.”