Cryptologic Casino Software
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Cryptologic is a well-known casino software provider that was founded back in 1995. This company is one of the oldest providers on the market and currently it is based in Dublin, Ireland. Today, Cryptologic Limited is widely recognised by both online casinos and casino fans thanks to their high-quality product which offers unique. Cryptologic Casino Software All the best success stories tend to start from humble beginnings and Cryptologic Casino Software is no different. Starting out from their parents’ basement, the luck of the Irish was clearly smiling on Irish brothers Andrew Rivkin and Mark Rivkin when they decided to take the plunge and partner their software with. Cryptologic software was founded in 1995 and has an impressive history & diverse range of real money online pokies games and casino partnerships under its belt.
| Industry | Business Software & Services |
|---|---|
| Founded | 1995 |
| Founder | Andrew Rivkin, Mark Rivkin |
| Headquarters | , |
| Brian Hadfield | |
| Parent | Amaya Inc. |
Cryptologic Limited was a Dublin, Ireland-based software application service provider (formerly Toronto, Ontario, Canada), one of the oldest established in the online gambling industry. It was acquired by the Amaya Gaming Group in 2012 and has since had its business-to-consumer division, WagerLogic, sold to a third party.
World-renowned Cryptologic casino software developer provides online casino software of all types of casino games to online gaming sites throughout the world. This Toronto-based company has created dozens of online slot games and has developed more than 200 online casino games from blackjack to roulette and everything in between. Cryptologic, one of the top online Casino software developer, was founded in 1995 by two Canadian brothers. Not only is it famed for its excellent games, but also for its pioneering encryption technology for online money handling that led to the first real money online Casino in 1996.
History[edit]
CryptoLogic was founded by brothers Andrew Rivkin and Mark Rivkin in 1995 from the basement of their parents' house. The brothers wanted to find a real life application for a secure online financial transaction system which they had developed.
Through a subsidiary company called WagerLogic, the company handles the licensing of its gaming software, support services and payment processing, ECash.
The company launched their first licensee, InterCasino, in 1996. Since that launch the company has made deals for several other online casino and online poker rooms, including one with William Hill plc, a leading bookmaker in the UK and the first land based operator to go online with a casino. A deal with Littlewoods Gaming led to the gaming software being certified in the Isle of Man in 2002 and Ritz Club certified by the Alderney Gambling Control Commission in 2004.
In January 2004, CryptoLogic Ltd. announced the licensing agreement with Betfair for the launch of an exclusive online poker game.[1]
In addition to the casino and poker products, CryptoLogic also now offers online bingo software. Their casino games can be played in a downloadable and a Java based software version.
CryptoLogic listed on the Toronto Stock Exchange (CRY) in 1998 and on the NASDAQ (CRYP) in 2000. In 2003 the company began trading on the London Stock Exchange (CRP) before achieving gaming software certification in Alderney.
Under Lewis Rose's leadership as President, Chief Executive Officer and Director from 2002 - 2007, CryptoLogic's market capitalization grew from $90 million to over $400 million.[citation needed]
The Playboy brand launched casino and poker products on Playboygaming.com using CryptoLogic software in early 2007.[2]
World Poker Tour Enterprises (WPTE) also joined the CryptoLogic network in 2007, offering both casino and poker products.
Takeover by Amaya Gaming Group[edit]
In April 2012, Cryptologic was acquired by the Amaya Gaming Group in a $35.8 million cash for shares takeover.[3] Amaya subsequently sold Cryptologic's business-to-consumer facing subsidiary, WagerLogic, to Goldstar Acquisitionco Inc in a transaction valued at $70 million in February 2014.[4] This sale included all of Cryptologic's consumer facing online gambling sites including InterCasino, InterPoker, and InterBingo.
Notes[edit]
- ^'CryptoLogic Announces Exclusive Online Poker Agreement With Betfair, The World's Largest Betting Exchange'. January 15, 2004. Retrieved Jul 17, 2013.
- ^Motley Fool: A Stock With Great Prospects
- ^Casino Listings: Cryptologic Loses Ground In First Quarter
- ^Amaya Gaming: Amaya Gaming Group announces its 2014 first quarter financial results
Cryptologic Casino Software
Cryptologic Casino Software Download
When it comes to high quality, in-demand casino games and slot machines, there is not much need to look any further than Cryptologic. Although most people have not heard of the company specifically, if you are a fan of online slots, and you don’t live in the United States, you have likely played several of their games.
Cryptologic is a publicly traded company listed on the NASDAQ, London Stock Exchange and the Toronto Stock Exchange. As such, you can rest assured that Cryptologic is not a fly-by-night corporation who have just arrived to the industry. In fact, they have been around since 1995.
Orginally, Cryptologic was a cash processor for other internet casinos. After a while in the business, they realized there was a niche that they could expand into and they opened Inter Casino. That was their entry into developing internet casino gaming software and since then, they have gotten away from running casinos, but have become one of the leaders in casino software and cash processing.
WagerLogic is the licensing subsidiary of Cryptologic, and as a publicly traded company, they do not allow any of their WagerLogic licensees to accept wagers from the United States. This is very unfortunate for American players, especially slots fans, since Cryptologic has exclusive licenses for some of the best franchises in online slots.
One of their most popular exclusively licensed lines of slot machines is the Marvel Comics brand. It’s almost criminal that some of America’s greatest comic hero’s appear exclusively on slot machines that are not available in the US. Unfortunately that’s just the gaming environment we live in today.
However, for those lucky enough to be able to play them, Cryptologic is responsible for such incredible slot games as Spider Man Revelations, Superman, Wonder Woman, Captain America, X-Men, Wolverine, and the Fantastic Four.
Besides the Marvel brand, Cryptologic has exclusive licenses on some other familiar names in pop culture. They have created slot machines like Call of Duty 4, Ferris Bueller’s Day Off, Street Fighter IV, and even Jenga.
Another incredible feature that Cryptologic can provide to their licensees is their shared progressive jackpots. They have quite a few slot machines with jackpots and each of the jackpots are shared across all of their licensees and even across different currencies.
The Marvel brand, Rapid Fire and Movie Mayhem are among the most popular progressive jackpot slots available from Cryptologic. Then there’s the exclusive Millionaire’s Club slot machine, which literally makes millionaires out of lucky slot players. It has paid out the highest progressive jackpot ever, at over $8 million!
Cryptologic games can be played at some of the leading online casinos in the world. PartyCasino, the world’s largest online casino, features many of the branded Cryptologic games, including the Marvel games.
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Even though Cryptologic sits comfortably near the top of the online casino software and developer industry pyramid, they are not satisfied to rest on their laurels. Quite the opposite in fact, as Cryptologic is constantly seeking to develop and release new sofware.
They already have more than 300 different games that they can offer to meet the need of any online casino. However, every year they release more than 20 new games, many of them branded on exclusive licenses.
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So although you may not know the name Cryptologic, you undoubtedly know the names of some of their games. They are clearly a leader in the online casino industry in cash processing, security, software design and innovation.