CryptoLogic Inc. is one of the most prominent providers of services of software applications-compared to its peers like Boss Media, Playtech and Microgaming. Based in Dublin, Ireland, CryptoLogic was established by the Rivkin brothers, Mark Rikvin and Andrew Rikvin, in 1995. The brothers had created to implement a system which facilitated financial transactions on the internet. Wager Logic, is a subsidiary which licenses the software for gaming solutions software which is created by CryptoLogic.
Eventually, InterCasino was finally launched by this company, and it worked as a first licensee, from 1996. From poker rooms like the William Hill to many other online casino sites, the company has grown over time and provided licenses for many other companies. In 2002, there was also a deal with the Littlewoods Gaming which finally licensed gaming software in Isle of Man.
Apart from the poker and casino gaming application software-the online bingo software is another place where CryptoLogic has made its mark. You can either chose the downloadable version of the software, or play it in Java.
The Miraculous Growth
The Toronto Stock Exchange mentioned CryptoLogic and the NASDAQ (CRYP) did so in 1998 and 200 respectively. Soon, trade with the London Stock Exchange in 2003-prior to the time when certification was given to the software in Alderney.
The growth of CryptoLogic soon soared with the increase from $90 million to $400 million on the presidence of CEO and Directore over a span of five years. There were many deals which were signed between Ritz Club and Betfair and other globally recognized customers.
CryptoLogic software was used by the Playboy brand in 2007, and the final gaming products were put on Playboygaming.com