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Online Casino News - August, 2008

Cryptologic's Investment in Online Mahjong Scores Big

 

 

  Seed Newsvine

by Devon Chappell, News Staff Writer

August 26, 2008

These days, Cryptologic has been no stranger to the Asian facing online gambling industry. In fact, the company now has several investments in Asia, which according to the CEO and President, Brian Hadfield, our "exceeding expectations" for both Cryptologic and the Asian industry itself. One of these investments specifically targets the popular Asian game of Mahjong, and holds great potential for the company in the years to come.

Shortly following Cryptologic's investment in the online mahjong software developer, Mahjong Time, the Asian-based group recently scored a licensing deal that will allow them to provide online mahjong betting solutions to half of the internet cafes proliferating China. This amounts to a presence in thirty provinces, 250 cities and partnerships with over 1,200 wholesale distributors.

With over 253 million internet users, China potentially represents the largest and fastest growing online gambling market in the world. Of course, regulations and red tape will play a part in that; However, the fact remains that the Chinese and all of Asia are no stranger to gambling, superstition and the notion of "good luck". Mahjong itself is the most popular game in Asia and is estimated to be played by more than 600 million people worldwide.

Online mahjong is even catching on more in the U.S., although Cryptologic online casinos and licensees do not do business in the U.S. (If you are looking for a U.S. facing online mahjong room, try the Microgaming-powered Crazy Vegas Casino - 28Mahjong.com). The World Series of Mahjong, which is like the World Series of Poker for the rest of the world (and which Mahjong Time is an official partner of), is helping to popularize this domino-like "game of skill" even more.


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