Cryptologic signed first casino customer in Russia & CIS

Under the multi-year multi-million dollar deal, the company will begin offering CryptoLogic’s award-winning Internet casino software, through a number of channels, to players beginning in the first quarter of 2009.

“One of CryptoLogic’s goals is to expand into new markets, where we can bring players the best global gaming software - tailored to specific needs,” said Brian Hadfield, CryptoLogic’s President and CEO. “With a deep-rooted gaming culture, vast population and fast-growing Internet economy, the CIS is a very promising market. And with a seasoned local partner, CryptoLogic will bring players a truly exceptional entertainment experience.”

Kurastica’s parent company had established successful gaming businesses in Russia, the Ukraine, Kazakhstan, Armenia, Georgia, Belorussia and other countries. Their management and staff include experienced professionals from gaming clubs and casinos, as well as creative experts in the Internet casino space.

With more than 200 games, CryptoLogic has one of the most comprehensive casino suites on the Internet today, earning rave reviews from industry peers and players alike. In February 2008, the firm earned Gambling Online Magazine’s Top Casino Software award for the third consecutive year. Based on the votes of players around the world, it is widely considered the industry’s top honour.

“This breakthrough into the CIS is another clear demonstration of our success in adapting CryptoLogic’s software for different customers, different players and different markets,” added Justin Thouin, CryptoLogic’s VP of Product Management and Business Development.