10th Jan 2006 07:00
ukbetting PLC10 January 2006 10 January 2006 ukbetting plc Renewal of poker agreement with CryptoLogic Integration of back end systems for single wallet ukbetting plc, the online sports content and gaming business, announces it hasrenewed its exclusive agreement with CryptoLogic Inc.'s wholly-owned subsidiary,WagerLogic Limited, to use its internet poker solutions for its ukbetting.comand totalbet.com betting brands until 2009. WagerLogic's internet pokersolution will be fully integrated into ukbetting and totalbet's back end systemsand will enable customers to use a single wallet to bet on sports as well asplay poker. ukbetting expects to be able to offer customers a single wallet within the firsthalf of 2006, following further application development, and believes thisincreased flexibility for customers will help maximize revenue growth.ukbetting has used WagerLogic's poker and casino software for its ukbetting.comand totalbet.com betting brands since 2003 and has experienced strong results,especially in the high-growth poker segment. Commenting on the renewal, Eric Semel, Chief Executive of ukbetting plc stated: "Offering a single wallet to our customers is a key part of our strategy goingforward and represents an opportunity for further leveraging our existingcustomer base. By integrating WagerLogic's poker solution into our back endsystems, we are taking the first step towards offering our customers a seamlessgaming experience." For further information contact: ukbetting plcPeter Dubens, Chairman 020 7766 6909Eric Semel, Chief Executive 020 7921 9150 Financial DynamicsEdward Bridges / Juliet Clarke / Hannah Sloane 020 7831 3113 Editors' notes: ukbetting plc ukbetting plc (AIM: UKB.L) is the UK's leading online gaming and sports contentoperator. Listing on the Alternative Investment Market in August 2001,ukbetting has since pursued an active acquisitive strategy and now owns andoperates ten sports content sites (sportinglife.com, sportal.com,bettingzone.co.uk and TEAMtalk.com, www.rivals.net, www.football365.com,www.planetrugby.com, www.planetf1.com, www.golf365.com and www.cricket365.com),three odds comparison sites (oddschecker.com, casinochecker.com,pokerchecker.com) and three wagering sites (ukbetting.com, totalbet.com andgoldbet.com). Through these sites it is possible to find in-depth information, and placefixed-odds bets, on a variety of sports including horse racing, football,cricket, rugby, tennis, as well as poker, casino and skills based games. Inaddition to these websites, ukbetting also owns Campbell's Bookmakers Ltd, whichoperates 7 licensed betting offices in London and the South East of England. CryptoLogic Inc(R) Focused on integrity and innovation, CryptoLogic Inc. is a world-leading,blue-chip public developer and supplier of Internet gaming software. Itsleadership in regulatory compliance makes it one of the very few companies withgaming software that is certified to strict standards similar to land-basedgaming. WagerLogic Ltd., a wholly-owned subsidiary of CryptoLogic, isresponsible for the licensing of its gaming software and services to customersworldwide. For information on WagerLogic(R), visit www.wagerlogic.com. CryptoLogic's common shares trade on the Toronto Stock Exchange (symbol: CRY),on the NASDAQ National Market (symbol: CRYP), and on the Main Market of theLondon Stock Exchange (symbol: CRP). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
365.L