Wednesday, April 02, 2008
CryptoLogic Won't be Affected by Dutch Gambling Decision
CryptoLogic, one of the industry's leading software providers, has expressed its disappointment in the Dutch parliament's decision to block Holland Casino's plans to establish an online gambling site, of which the company was part of the deal. However, it was quick to announce that it would not be affected materially in any way by the narrow 37:35 vote.
"CryptoLogic never places all its bets on one table," said Brian Hadfield, the company's President and CEO. "That's why this decision will have no material impact on our business. We recognized the challenge in Holland early and prepared our business by accelerating other revenue-generating initiatives."
CryptoLogic will be releasing brand new games in the coming months, including non-download poker offerings. Other projects include providing software to the World Poker Tour's German and Spanish online casino sites, as well as to Betsafe and Sun Poker.
posted by Casino Game Reviewer at CryptoLogic Won't be Affected by Dutch Gambling Decision
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