Online Casino Provider Locks Deal
CryptoLogic has been at the center of controversy for the past few months with
heated shareholder debates waging on about the situation with former CEO Javaid
Aziz. But the online casino software development company has secured a deal that
certainly takes it out of the negative media spotlight for a bit. The latest
news that Paramount Digital Entertainment has signed a long-term licensing
agreement with the software development company is really quite a bit of a coup.
All of the major online casino software developers vie for these lucrative
licensing agreements and CryptoLogic, despite some recent financial struggles,
has come to agreeable terms with Paramount for a range of the company’s
signature movie titles.
Gamblers at online casinos powered by CryptoLogic can anticipate that the
software provider will be releasing a host of new branded content before the end
of the year. As a part of the licensing agreement CryptoLogic has the rights to
develop internet games for any of the following paramount movie titles:
Braveheart, Beverly Hill Cop, Forrest Gump, and a slew of other popular and
blockbuster movies that have come out in the past 20 or so years. Branded online
casino gaming content is the future of the industry and one of the most popular
new sectors of the industry – gamblers simply love the new branded content
released from all of the top software providers.
The new deal is positive for Paramount because it continues to build the
franchise value of all of these movie titles that will find themselves as the
theme of slot machine games played by the international online casino gambling
community. For CryptoLogic, this licensing agreement builds some very positive
momentum for the brand as it attempts a reinvention of sorts over the next year. |