|CryptoLogic have again confirmed their status as one of the world’s leading I-gaming software developers. WagerLogic, owned by CryptoLogic, have been awarded a license as a software provider from Alderney, in the British Channel Islands.|
As one of the most strictly regulated areas of jurisdiction in the world, Alderney marks an impressive milestone in the history of CryptoLogic. All current and future customers of the software house will be entitled to operate Internet casinos from Alderney.
Only last year CryptoLogic developed software that won certification from the highly regulated Isle of Man. Significantly WagerLogic has the advantage of now offering operators licenses in two regulated jurisdictions which makes it one of a select few in the world able to do so and enhances the companies reputation as a regulatory leader.
When you appreciate WagerLogic’s long-term strategy, it’s easy to understand why they are bent on achieving licenses in strict areas of regulation. They simply view I-gaming regulation worldwide as the future of online gambling believing that governments will get fed up failing to control its rise whilst losing out on a potentially huge influx into their economy.
Lewis Rose, CryptoLogic's interim President and CEO: 'This is a great day for CryptoLogic, and for everyone who shares our commitment to safe, secure and regulated Internet gaming. We're already working with international customers who want to operate Internet casinos from Alderney. And as the global movement to regulate the industry gains steam, another strictly regulated license today means a clear competitive advantage for us tomorrow.'