Cryptologic acquires new Russian Client

2nd October, 2008

The online gaming software provider Cryptologic have signed a deal with Kurastica, a Russian online gaming company. Kurastica have had several years experience in the Russian gaming market and will be provide with new state of the art software by Cryptologic.

The deal is rumored to be worth several million dollars as Kurastica will begin using casino software provided by Cryptologic.

Their software is award winning and is used by numerous large online gaming companies to the satisfaction of their customers. Bingo, Casino, Poker and Betting products are all designed and marketed by the now Irish based company.

"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."

Justin Thouin, CryptoLogic's Vice President of Product Management and Business Development said in a statement, "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,"

Kurastica have successful business operation in many eastern European countries including Russia, the Ukraine, Kazakhstan, Armenia and Georgia. With around 200 different products Cryptologic is a well respected software provider and this deal will ensure benefit both parties.

By Jamie

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