Isle of Man-based online gambling software provider Playtech Limited has signed a licensing agreement with Genting International to supply its poker and casino content for the Malaysian firm’s new CircusCasino.com Internet offering.
Genting, which also owns the Stanley chain of land-based casinos in the UK, launched its first online casino on Monday through its Genting Stanley Alderney subsidiary.
“Genting is one of the best known names in the industry and we are very pleased to have reached this agreement with them,” said Mor Weizer, Chief Executive Officer for Playtech.
“The new casino and poker products were specifically designed to appeal to Genting Stanley’s casino players and to allow Genting to diversify its business by providing an online offering to its players.
“The agreement is another example of Playtech's ability to attract additional high quality licensees to its client base. We look forward to a long and rewarding partnership with Genting Stanley Alderney.”
The agreement also includes the provision of Playtech's casino and poker products to other brands from Genting but no financial details were disclosed.
“We are delighted with the new agreement signed with Playtech,” said Peter Nolan, Managing Director Online for Genting.
“We were looking to find a complete solution for the Genting Stanley Alderney offer. Together, we believe that the products delivered by Playtech will provide an experience that mirrors our land-based offer; security, convenience and fun from the group which is the UK’s number one casino operator.”
Source
Thursday, July 3, 2008
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