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Singapore is CryptoLogic's Next Target Market

Now that CryptoLogic has a new CEO, it is no secret that the company has firm plans to move into the Asian market, in fact, Javaid Aziz, the company’s new CEO announced the new direction as soon as he entered office. But since his appointment, the company has spent time looking into the logistics of expanding online casino gambling in Asia, where to start and how to expand. Well, now the company has announced that Singapore will be the company’s first target toward this Asian expansion, and that once they have a successful model built in Singapore, that could be the necessary stepping stone for moving into other areas of Asia.

Though there are some obvious obstacles that the company will have to tackle such as differing cultural preferences, skill based online casino communities, and internet connection speeds, the company has already begun to address those issues and has firm plans to move into the Singapore marget.

Part of why CryptoLogic chose Singapore first has to do with the country’s developed land-based casino gambling industry. The company has a history of developing unique integrated platforms designed to meet the specific needs and regulations of the country. Previously, CryptoLogic has developed an online casino gambling industry in Holland, and he expressed interest in creating a globally synergized company.

And not one to waste time, Aziz interviewed with Singapore’s Business Time’s newspaper where he announced that they have already hired Shailesh Naik to begin staffing and operating a Singapore office. Though the office will be nowhere close in size to the company’s other global offices, it is an initial stepping stone into the Singapore market.