Betsafe and Cryptologic Make a Deal

Published on: September 15, 2009 

Cryptologic is one of the larger online casino software companies.  They are well known for their different slot machine themes, including Marvel comic slots. They have been gaining strength in the online casino market this year with many different deals.  Now Cryptologic and Betsafe have made a deal.  Cryptologic will be providing the online casino software they have to Betsafe.  This is their twenty- sixth licensee agreement in which an online casino will be using their software exclusively.

Cryptologic has worked tirelessly in 2009 to expand their brand.  They already added two casinos this year and they are not planning on stopping any time soon.  Part of the deal with Betsafe is to earn revenue from the online casino.  Cryptologic has created a revenue sharing system in which part of the revenue created from Betsafe gambling will go to Cryptologic.  It is expected to begin at the end of 2009.

Betsafe is no small online casino either.  In fact they are one of the faster growing operators in the world.  They have offered a downloadable casino to players.  Brian Hadsfield, the president and CEO of Cryptologic spoke about the deal.  He said their strategy is to not only expand in the United Kingdom and obtain revenue from the games at online casinos, but to also grow into the Scandinavian market.  This market is growing very fast and Cryptologic expects to get in on the bottom and earn as much revenue as possible.

Betsafe already has a customer base of over 250,000 customers.  With adding the Cryptologic games they are expecting to increase the amount of players.  The amount of games Cryptologic has to offer is very wide.  They have over 200 casino games to offer and they are already thinking about the next creations.

Many companies using Cryptologic rave about their software; how easy it is to work with, as well as the inventions the company has come up with.  Over the next few years online casino players can expect Cryptologic to increase their slot machines with almost every theme a person can think about.

There has been some worry in recent weeks that Cryptologic might lose their hold on Marvel Comics due to an agreement the comic company made with Disney.  Disney just acquired Marvel Comics, which could put an end to the deal.  This would mean a huge blow for the online casino software company if it happens.

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