Crypto Says Some Poker Clients to Pass on Gtech Move

19 November 2008

CryptoLogic Ltd., the Dublin software developer, has confirmed that an undisclosed number of its current poker licensees will not be migrating to Gtech Corporation's International Poker Network.

"We've made public the fact that our focus is on casino, and that we are migrating our house brands -- Interpoker and Parbet -- to Gtech, and that we're migrating as many of our current poker customers as want to," Justin Thouin, the company's vice president of business development and product management, told IGamingNews.

"But obviously," he continued, "there are going to be some of our current poker customers who prefer to go with another supplier than Gtech and will be going elsewhere."

According to published reports on affiliate Web sites, Sun Poker, a CryptoLogic poker client licensed in Malta, is in the process of transitioning to Playtech Ltd.'s iPoker Network.

Mr. Thouin declined comment on the Sun Poker reports. He said CryptoLogic is currently in the process of negotiating with its licensees their transfer to Gtech's poker platform, and that the majority have indicated an interest in staying on.

Although Mr. Thouin declined to give revenue guidance on poker in the 2009 fiscal year, he said that because Crypto's network will no longer create costs, whatever income the company's poker licensees generate with Gtech will be earnings enhancing.

Chris Krafcik is the editor of IGamingNews. He lives in St. Louis, Mo.