Poker news

Boss Media signs five-year agreement to move Cryptologic´s Interpoker and select other poker licensees to Boss Media´s International Poker Network (IPN).

GTECH Corporation’s subsidiary Boss Media AB and CryptoLogic Inc. (TSX:CRY) (NASDAQ:CRYP) (LSE:CRP) have entered into a five-year strategic alliance for Poker, whereby CryptoLogic will facilitate the move of several of its licensees, including InterPoker and Parbet Poker, to Boss Media’s International Poker Network (IPN), the largest independent poker network in the world. Boss Media is a leading developer of innovative software and systems for digitally-distributed gaming entertainment. CryptoLogic is a leading software developer to the global Internet gaming industry.

Boss Media will together with St Minver provide CryptoLogic’s customers with a fully-managed poker solution on the IPN, based on Boss Media’s poker software and initially integrated into the CryptoLogic back office. In addition CryptoLogic will work with Boss Media to refer other customers to the IPN.

“This agreement with CryptoLogic and some of its largest licensees is a very positive vote of confidence for the GTECH family,” said Atul Bali, President of GTECH’s New Media & Sports Betting Co. “With the addition of CryptoLogic’s licensees, we are significantly increasing the liquidity that can be offered to both these new licensees’ players, as well as our existing customers’ player base. We look forward to further developing our relationship with CryptoLogic and further increasing the size of the IPN over time.”

Brian Hadfield, President & CEO of CryptoLogic commented, “We believe that GTECH and Boss Media are the right partners for CryptoLogic. Their independence and commitment to innovation and technology clearly make them a good home for our longstanding partners and their players. I look forward to working closely with them in the coming months and years.”