|Online casino software manufacturer CryptoLogic ass announced another customer for its online Poker software, Bingo Entertainment N.V. Through an agreement with CryptoLogid's wholly-owned subsidiary,Wagerlogic Limited, |
Bingo Entertainment NV will license WagerLogic's Internet Poker software to extend the wrold's most popular card game to an additional 120,000 players. Existing customers using CryptoLogic's Poker software include Intercasino,
Peak Entertainment and William Hill.
'Poker is one of the fastest-growing game segments on the Internet, and CryptoLogic has very quickly achieved market leadership', said Lewis Rose, CryptoLogic's president and CEO. 'Since its release last fall, our unique
centralized poker offering - which directs different operators into a single room for enhanced liquidity - already powers one of the top 10 poker rooms on the Web. Our software together with Bingo Entertainment's strong
player basse and extensive marketing network, is expected to produce winning results.'
Table Poker has approximately a 5% share of the $3.5 billion online gaming market today, despite thereonly being around a dozen dedicated online Poker sites. This represents a significant growth opportunity for both
CryptoLogic and Bingo Entertainment.
'As on of the top bingo operators on the Internet, our mission is to offer gamers exciteing and trustworthy Web entertainment,' said Richard Chambers, CEO of Bingo Entertainment NV. 'WagerLogic's Poker technology fits those criteria perfectly, and they have proven that their world-class gaming software delivers results. By participating in a larger online poker community, we will expand our online business and increase profitability.'
Bingo Entertainment's new online Poker room (www.pokerplex.com) will offer the most popular poker games - Texas Hold'em, 7-card Stud, Omaha High and
Omaha High/Low and enables players to play in their preferred currency - US dollar, British pounds sterling or Euros.