28th of September 2009 Author: Natalie Stephanopoulos
Multi-year deal will see new games supplied on a regular basis
Online gambling software provider Cryptologic has announced the signing of a multi-year licensing deal with Virgin Games, part of the Virgin Group.
The agreement enables Virgin Games to provide at least 10 of CryptoLogic's top branded and non-branded online slot games to its customers. The games include comic book classics and innovative casual slots, with some games linked into the CryptoLogic jackpot network. These games will bring a new level of enjoyment and rich content to players, while giving them a chance to win a jackpot that has reached over GBP 4 million.
One game, Bejeweled, is already live on Virgin Games.com , with more scheduled for launch in the fourth quarter of 2009 and further roll-outs planned in the first half of next (2010) year.
The games will be deployed through Gaming Technology Solutions plc, a CryptoLogic technology partner, on its GTS Edge platform.
The agreement is in line with CryptoLogic's build-once-license-often growth strategy and will generate recurring revenue based on a share of wagers placed by players, a company spokesman said.
Simon Burridge, Chief Executive of Virgin Games, said: "CryptoLogic has a track record of delivering the industry's most compelling games while the Virgin brand is widely associated with fun and great value. Our agreement is sure to be a winning combination delivering unrivalled enjoyment and potential prizes to Virgin Games' players."
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