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10 January 2006
Renewal Of Poker Agreement With
CryptoLogic
ukbetting
plc, the online sports content and gaming business,
announces it has renewed its exclusive agreement with
CryptoLogic
Inc.'s wholly-owned subsidiary, WagerLogic Limited, to use
its Online
Poker solutions
for its ukbetting.com and totalbet.com betting brands until
2009. WagerLogic's internet poker
solution will be fully
integrated into ukbetting and totalbet's back end systems
and will enable customers to use a single wallet to bet on
sports as well as play poker.
ukbetting expects to be
able to offer customers a single wallet within the first
half of 2006, following further application development, and
believes this increased flexibility for customers will help
maximize revenue growth. ukbetting has used WagerLogic's
poker and casino software for its ukbetting.com
and totalbet.com betting
brands since 2003 and has experienced strong results,
especially in the high-growth poker segment.
Commenting on the renewal,
Eric Semel, Chief Executive of ukbetting plc stated:
"Offering a single wallet to our customers is a key part of
our strategy going forward and represents an opportunity for
further leveraging our existing customer base. By
integrating WagerLogic's poker solution into our back end
systems, we are taking the first step towards offering our
customers a seamless gaming experience."
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