Rank Interactive Signs Up With CryptoLogic For New Online Slots Games
14th October, 2009
CryptoLogic has signed a multiyear deal with Rank Group PLC’s online gaming division, Rank Interactive. Under the deal CryptoLogic will supply ten of its most popular slots games through Orbis Technology.
The company will provide its most popular branded and unbranded games to Rank Interactive’s brands which include: Blue Square, Mecca Bingo and GC Casino.
Two of the games are already live with more being scheduled for launch before the end of 2009. More are set for arrival during the first half of 2010.
This latest deal with Rank interactive now makes the total number of licensees to 28.
Angus Nisbet, Gaming Director at Rank Interactive, commented, "At Rank Interactive we have been looking to build on our success and expand our increasingly popular games offering. By striking this deal with CryptoLogic our customers is gaining access to the very best and most innovative betting games on the market, enhancing our relationship and revenue prospects going forward."
Justin Thouin, Vice-President of CryptoLogic said, "Demand for our games remains strong as illustrated by this agreement with Rank Interactive, a well respected UK brand. With each new licensee, we open up a new recurring revenue stream that will improve our profitability and long term growth prospects." Shares in CryptoLogic are trading at 387.50p per share, whilst Rank Group plc is up 0.84% to 91.70p in London this morning.
By Faye
