20-08-2007 CryptoLogic launches online casino on the World Poker Tour's website

"For CryptoLogic, WPT's new casino site builds on a great partnership that brings together one of the biggest names in gaming with one of the biggest names in e-gaming software," said Javaid Aziz, CryptoLogic's President and CEO. "CryptoLogic's award-winning software has earned WPT's confidence, and it's exciting to see casino and poker together on this very popular site. Together, we're providing an exceptional entertainment experience to players worldwide."

"For WPT, it was important to offer a superior casino experience with integrity and innovation - and CryptoLogic was the natural fit," added Steven Lipscomb, President and CEO of WPT Enterprises, creator of the World Poker Tour and owner of worldpokertour.com. "CryptoLogic's poker software has been extremely popular with our customers, and by adding some of the Internet's most popular casino games, the player's experience at WPT will be second to none."

In other news, online casino developer Net Entertainment reported a 40% increase to SEK 62.9 million in net sales for the first half 2007, while profit after tax increased by 77% to SEK 22,3 million during the period. Chief Executive Johan Öhman added that during the first six months of the year the company signed eight new licensing agreements for its CasinoModule product.