CryptoLogic Licenses Top Betting Games to Betsson

CryptoLogic Limited, a global developer of branded online betting games and Internet casino software, has signed a three-year agreement to license at least nine of its most popular online betting games to Betsson Malta Ltd (Betsson), a leading European e-gaming operator listed on OMX Stockholm.

The agreement covers a suite of CryptoLogic's top slot games to be launched on Betsson's websites. One game has already gone live on CasinoEuro and the remainder are scheduled for roll-out across the three brands later this year. The deal will provide CryptoLogic with recurring revenue based on wagers placed by Betsson's customers.

Justin Thouin, Vice-President of CryptoLogic, said: "Betsson is the latest customer to sign up to CryptoLogic's games, underscoring the value our innovative and rich content brings to operators worldwide. With every new licensee CryptoLogic not only expands its global reach but also strengthens its base for generating long term revenues."

With a broad subscriber base in more than 18 countries, Betsson offers a wide range of first-class online gambling products and games in a safe and user-friendly gaming environment. Its product portfolio currently includes: Sportsbook, Betting Exchange, Casino, Poker, Games, Scratchcards and Bingo.

Magnus Grinneback, Business Area Director of Betsson.com, said: "We are confident CryptoLogic's highly innovative games will enhance our customers' gaming experience and attract more demand. We look forward to working with CryptoLogic to help us achieve just that."

About CryptoLogic(R)
Focused on integrity and innovation, CryptoLogic Limited is a leading public developer and supplier of Internet gaming software. With more than 300 games, CryptoLogic has one of the most comprehensive casino suites on the Internet, with award-winning games featuring some of the world's most famous action and entertainment characters. The company's licensees include many top Internet gaming brands, including the "big four" international operators. CryptoLogic's leadership in regulatory compliance makes it one of the few companies with gaming software certified to strict standards similar to land-based gaming. WagerLogic(R) Limited, a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of gaming software and services to blue-chip customers that offer their games to non-U.S. based players around the world.

CryptoLogic's common shares trade on the Toronto Stock Exchange (CRY, CXY), the NASDAQ Global Select Market (CRYP) and the Main Market of the London Stock Exchange (CRP).

About Betsson
Betsson offers a wide range of first-class online gambling products and games in a safe and user-friendly gaming environment. Betsson's product portfolio currently includes: Sportsbook, Betting Exchange, Casino, Poker, Games, Scratchcards, Bingo. Sportsbook, Betting Exchange, Casino, Scratch Cards, Games, Turkish Poker and Bingo are operated by Betsson Malta Limited, a company in the Betsson Group, under a licence granted by the Malta's Lotteries and Gaming Authority under the Remote Gaming Regulations (LN 176/2004). Betsson Poker is operated by Betsson Malta Limited and powered by Ongame Network Ltd, which has a network license issued by the Gibraltar Government.