Choosing Brand Licensing
CryptoLogic has been fading from the spotlight in the recent months. The company
is still arguably one of the top software development companies in the world,
but over the past year CryptoLogic has focused the company on developing a new
company strategy. That strategy seems to be paying off now that the company
announced a new exclusive licensing arrangement with Party Gaming – one of the
top internet gambling companies on the Web. Party Gaming successfully operates
three major gambling brands – the company’s sites are among the top rated online
casinos in the word. The new licensing agreement has CrytopLogic supplying Party
Gaming with six of the company’s signature games.
Theme branding is one of the hottest new developments at online casinos all over
the world. The software development companies are all now in competition to not
only create a high quality gaming platform with innovative new games, but the
companies that are destined to last the longest are the companies able to secure
exclusive licensing agreements with some of the top grossing entertainment
brands in the world. Many of the major studios and production companies have
begun to license the brands and themes of blockbuster movies to major software
development companies for use in the online casino gambling industry.
The new licensing deal between CryptoLogic and Party Gaming is a testament to
the fact that CryptoLogic holds four major licensing branding deals. Party
Gaming has chosen to license CryptoLogic’s six branded casino games, initially,
for use at the company’s online gambling sites. The deal allows for Party Gaming
to offer additional branded games in the future, as they are released. |