Cryptologic is a publicly traded company that develops and
supplies gambling software and games for online casinos. This
Toronto-based organization was formed in 1995 and has its
corporate office in Dublin, Ireland. Cryptologic has received
four times the award of Best Casino Software from Gambling
Online Magazine. In 2008, Cryptologic won both the Casino Game
of the Year from Allslotsonline.com and the Best Casino Software
Award from Casinomeister.com
One year after its founding, Cryptologic launched InterCasino, one of the first online casinos where players could gamble with money.
In that same year, Cryptologic became publicly traded on the Toronto Stock Exchange. Cryptologic has traded on the Nasdaq since 2000 and on the London Stock Exchange since 2003. In 2004, Cryptologic's Internet poker room was named one of the world's Top 10 based on revenue. The following year, this was changed to the world's Top 5. Today, Cryptologic is a member of both the Interactive Gaming Council and the Remote Gambling Association.
Cryptologic provides software to online casinos in such countries as Asia and the United Kingdom as well as the Caribbean Islands. Approximately 2.8 million players from more than 240 different countries frequent those casinos powered by Cryptologic. However, as of 2006, players from the United States are no longer accepted at casinos backed by Cryptologic software. A player payout of approximately 98% can be expected on most games operated under Cryptologic.
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Casinos Powered by Cryptologic
Cryptologic powers more than twenty different online casinos, including Betfair. This online establishment offers players a worldwide collection of gambling services. Among these services are 150 casino games, betting options on global sporting and social events, and poker games. Included within Betfair's online casino portfolio are card games, slot machines, soft games, table games, and video poker. Betfair also features a Zero Lounge casino. Here, each game has a zero house edge over online players.
Cryptologic's casino portfolio contains more than 280 games
that can be downloaded or played instantly. These games include
slots, card and casual games, jackpots, table games, video
poker, and video slots. Multi-hand video poker allows players to
have as many as ten hands at once. Traditional games include
Baccarat, Roulette, Deuces Wild, and various versions of
Blackjack. Reportedly, Cryptologic reveals more than 20 new
games every year.
Products from Cryptologic are available in a number of languages and currencies to meet the demands of various global markets. Progressive jackpots are featured on such games as Caribbean Stud Poker, Progressive Blackjack, Shoot-o-Rama, Rapid Fire, Marvel, and Movie Mayhem. The Millionaires Club is a patented progressive jackpot by Cryptologic. The $8 million single payout from this jackpot is one of the largest in online casino history.
Multi-player games that can support up to 50,000 players at one time are powered by Cryptologic. Live chat is another feature with Cryptologic's software. Poker tournaments such as The Lightening Ring and Thunder are featured in many of Cryptologic's online casinos. Moreover, the software developer is credited with creating a global all-poker tournament called Sixpak as well as the Super Satellite Tournament.
Casinos powered by Cryptologic provide players with a guided
account set-up process. Various means are provided by which
players can deposit account funds to begin play quickly.
Marketing services provided by Cryptologic help casino operators
strategize segmented campaigns. Among such promotions are those
designed to identify and reward valuable players as well as
retain existing members and acquire new players.
Wagerlogic is a wholly-owned subsidiary of Cryptologic. This company is focused on casino software distribution and licensing. The availability of this software management program provides operators with detailed marketing reports. Wagerlogic monitors activity level per game as well as tracks casino online advertisements and affiliate programs.
To support its online casinos, Cryptologic also implements fair gaming environments. Gaming software manufactured by Cryptologic complies with government regulations imposed by Malta and Alderney. Moreover, as a member of the Remote Gambling Association, an organization that endeavors to promote fair online gaming practices, Cryptologic adheres to strict policies. Finally, Cryptologic's games undergo continual third-party testing and monitoring to reduce the risk of fraud or coercion within its partnered casinos. All casino licensees under Cryptologic also receive a monthly audit. This certifies that minimum payout percentages are met and game results remain entirely random and without predictability.
Customer service team members at Cryptologic are available 24 hours a day, 7 days a week, through their program known as PlayersHelp. Fraud, technical support, and network monitoring are three specialized areas of this department. Customer support agents can be reached via telephone, live support, and email. From 2007 to 2008, Cryptologic received four customer service awards from World Contact Centre Awards. Among these were three awards for Best Contact Centre under 50 agents.
Features of Cryptologic
Cryptologic has, at present, a signed exclusive deal with
Warner Brothers Distribution and DC Comics. This agreement
allows the software manufacturer to implement downloadable games
that feature Batman and Wonder Woman. Recently, Cryptologic also
unveiled three new slot machines with movie premises: Superman,
Braveheart, and Forrest Gump. Other online gaming manufacturers
offer to players lifelike movie slots, but the afore-mentioned
are exclusive to Cryptologic.
ECash Direct is another feature exclusive to Cryptologic. This is not a payment method for players, but rather a system to secure online casino transactions. It encompasses several deterrents for fraud and safely processes payments.
Unlike rival online software manufacturers, Cryptologic does not provide a reverse window period after players withdraw money from their casino accounts. All cash payouts are instant, so players cannot alter their decisions. Some software manufacturers do not immediately process withdrawals, thus allowing players to change their minds and keep the money in their accounts.
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