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Posted by: ian_go at July 15, 2006, 12:18 pm

Topic: Crypto Logic renews with Inter Casino and Inter Poker, loses Ritz club Forum: Winner Online

Cryptologic's share price gained ten percent this week when it was announced that the company had extended a contract with Inter Casino and Inter Poker. Overseas Internet Gaming Entertainment is the owner and operator of Inter Casino and Inter Pokera and is Cryptologic's largest customer. Their contract has been extended until June 2012. In other news, Ritz Club online casino decided not to extend its contract with Cryptologic. This is not expected to have a major impact on the software provider's financials as this agreament comprisd less than 2% of Cryptologic's revenue.

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