CryptoLogic Subsidiary Joins Fraud Fighting Network

15 September 2008

WagerLogic Ltd., a subsidary of CryptoLogic Ltd., announced today it has joined Ethoca Ltd.’s community of global fraud fighters.

The Cyprus-based online gaming licenser will work directly with Ethoca and allows WagerLogic to accept more valid player deposits, which should decrease fraud for its licensees and beef up player protection.

"Our business is built upon the twin pillars of integrity and innovation, and that's why we look for innovative approaches to protect the integrity of our business," said Antony Demetriades, managing director of WagerLogic. "Fighting fraud is both a challenge and an opportunity -- for our multi-billion-dollar industry, our customers, our players and our bottom line."