CryptoLogic signs Hollywood films branded games deal

Under the agreement, CryptoLogic gains the exclusive rights to offer online slot games based on some of the most famous movie characters in history from films such as Braveheart, Forrest Gump, Beowulf, Beverly Hills Cop, Ferris Bueller, Ghost and many others.

CryptoLogic also has the opportunity to build a dedicated gaming site that would house all of its movie-themed games. CryptoLogic hopes to launch the new games by the beginning of first quarter 2009 across several international territories.

Brian Hadfield, its president and CEO, said: "We are very excited about this new relationship with Paramount Digital Entertainment as it both vindicates and enhances our strategic position. Paramount Pictures boasts an extensive catalogue of classic and new releases, and CryptoLogic makes the world’s best branded Internet casino games.

"It’s been proven that CryptoLogic’s branded games drive Internet casino revenue - and we look forward to a mutually profitable relationship with this global entertainment leader."

Luke Letizia, VP Interactive Licensing at Paramount Digital Entertainment, said: "As the online gaming industry continues to evolve as a destination for gamers, we feel that our films are a great fit for those looking to play on this new platform. We are excited to be able to work with CryptoLogic, a leader in this space, and are confident that they will develop games that are on par with the quality and calibre of Paramount Pictures properties."