2009

CryptoLogic Comes to Russia

CryptoLogic has been keeping silence during the major part of this year. This fact has been connected first of all with the global restructuring of the online casino software company. CryptoLogic has got acquainted with the new Dublin headquarters. But also the company had to change and improve the business plan in order to escape the crisis which had been caused by the ban for the American players. That was why the CryptoLogic was busy by solving its inner problems and didn’t pay much attention to the public; the name of the company didn’t appear on the headlines of the gambling sites. But suddenly CryptoLogic announced about signing a multi-million contract with Kurastica, they decided to offer online casino services to Russian gamblers.

These companies are going to enter to the Commonwealth of Independent States (CIS) and Russian market in particular, they suppose that because of the bad control and useless restrictions Russian internet gambling market is underdeveloped. CryptoLogic plans to penetrate in the depth of the gambling industry and offer the full range of games and software for the Russian players. The signing of the multi-million dollar contract means that CryptoLogic will offer the unique content for the CIS e-gaming industry.

According to the official information the companies don’t want to hesitate and plan to have an internet gambling site up and running at the beginning of the year 2009. CryptoLogic focuses on the development of the new sectors of the global gambling market, the stake to the CIS market may be very
successful.




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