Cryptologic's Latest Deal

October 23, 2010 | News Category: Casino Software

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Cryptologic, the online casino software company has recently signed a new deal in which an online gambling operator will be able to offer Cryptologic games to their customers.

The new deal has been signed between Cryptologic and NYX Interactive. NYX Interactive is an online gambling software provider that will now be offering new and exciting Cryptologic online casino games via their platform.

NYX Interactive's Chief Executive Officer, David Flynn, is pleased with the new deal, and had the following to say: "Our vision at NYX is to empower our customers with as wide a choice of gaming content as possible. This agreement with Cryptologic expands our portfolio of deliverables with our Rapid Platform solution. With this agreement NYX can deliver this content for our licensed customers."

David Flynn noted that those who are playing on the NYX Rapid Platform have a wide variety of online gambling products available to them. With the addition of the Cryptologic games, their customers are now being offered even more than had previously been available to them. NYX Rapid Platform already offers their online gambling operators a varied offering of online scratch cards, online bingo, online lottery, and online casino games. With the Cryptologic offering added to their repertoire, NYX Rapid Platform will now also be offering the well loved and popular Marvel games from Cryptologic. These games include some of the favorites, such as Iron Man, Fantastic Four, and of course, Spiderman.

"We are delighted to be able to offer our top quality branded and unbranded games to NYX Interactive via our quick and simple Instant Click deployment model," said Ian Price, the Head of Business and Product Development from Cryptologic.

Mr. Price added: "The seamless transition of CryptoLogic's games to NYX's Rapid Platform provides CryptoLogic with alternative revenue streams as each new licensee signs-up. To that end the deal with NYX Interactive illustrates both the demand for our games and the confidence in Instant Click."

Cryptologic has signed a number of deals of this kind over the past few months. These deals are an important source of income to the online gaming software company that has been seeing losses in their revenues for some time.

The Instant Click offering from Cryptologic has been helping to increase revenue for Cryptologic. Apart from giving Cryptologic a lot of extra publicity, which is always useful in the business world, it has already shown itself to be a successful venture for the online gambling software company.