One of the fastest
growing forms of remote wagering is none other than
through the technology of interactive digital television
service. And it's been the top online casino software
developers, who are broadening their technology to
embrace this lucrative sector of the gaming industry. In
the UK, where interactive television gaming is boding
well with bettors, Dublin-based
Cryptologic has been busy establishing a stronger
presence in the world of digital television of late.
Cryptologic
recently made gaming headlines after securing two major
contracts this week. One of the two deals was made with
one of the UK's top television network's, BSkyB plc,
whose Betting and Gaming division will soon be offering
non-downloadable online casino games powered by
Cryptologic on BSkyB's accompanying gaming
website, SkyVegas.com (by early 2009 to be exact).
The second of
Cryptologic's major
casino software contracts was made with Carmen
Media, who owns the largest dedicated online gambling
channel in Europe - Poker Channel. Carmen Media also
owns a large network of eCOGRA approved online casinos,
including OCS reviewed Jackpot City Casino. Their poker
site, PokerHeaven.com will actually be on the receiving
end of the Cryptologic deal, for PokerHeaven's entire
software platform will move offer from Sweden-based Boss
Media to the Wagerlogic platform.
Carmen Media's CEO,
Crispin Nieboer, expressed mutual pleasure in securing
the deal with the software pioneer Cryptologic, who has
no doubt become a household name in the European facing
internet gambling scene. Carmen Media is itself making a
concerted effort to expand their European presence in
one of the most liberalized (meaning strictly regulated)
online gambling jurisdictions in the world.
Even with a
sluggish second quarter for 2008 (the results of which
were also released this week), Cryptologic remains
confident and hopeful about the future. Despite a
seasonally slow period and the distractions of the
Euro2008 football championship, the company still
managed to grow revenue for the second quarter
compared to 2008. This was most likely due to their
expanded presence in the European betting scene.
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