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BETFAIR AND CRYPTOLOGIC REACH THE PARTING OF THE WAYS
(380) (2-September-2006)
New poker software will be supplied by in-house technology
The parting of the ways of Betfair Poker and Canadian software provider
Cryptologic is not expected to have an adverse material effect on the
latter, Cryptologic management said this week, revealing that even without
Betfair revenues, the fees from Cryptologic's licensees have grown by
47 percent in the second quarter of 2006 compared to the same period
in 2005.
CryptoLogic confirmed previously announced plans that Betfair, one of the
company's poker-only customers, will move to an in-house technology solution
at the end of October 2006. |
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