CryptoLogic moves to International Poker Network


Gaming software giant CryptoLogic announced this week it is outsourcing its poker network to GTECH's International Poker Network, according to a story with Fox Business.

CryptoLogic's customers include major industry players like William Hill Gaming,, PartyGaming and GigaMedia with online poker rooms like Pacific Poker, PartyPoker and Everest Poker that could benefit from the software. CryptoLogic recently signed a new contract with Gaming Technology Solutions plc, whose customers include Unibet, bwin and several other top brands.

Based in Dublin, Ireland, CryptoLogic expects to deliver a net income of $9-$10 million in 2009 under a new growth strategy and restructuring program.

The partnership with GTECH Corporation will be completed by the end of the first quarter of 2009. CryptoLogic hopes to improve poker-room liquidity for its customers while eliminating the costs of operating a standalone network. The move gives CryptoLogic's poker licensees and players access to a larger network with a combined average of 15,000 active players.

CryptoLogic will continue to provide a full-service offering for its licensees through the GTECH network and receive ongoing revenues from its transferred customers.

Last summer CryptoLogic introduced a variety of new features to its poker software, including a tool that lets players host their own tournaments, as well as a new sorting and filtering tool for players looking to customize their settings for cash games and tournaments.


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