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Home arrow Casino News arrow April 2008 arrow CryptoLogic Deal With Asian-facing Mahjong Time
CryptoLogic Deal With Asian-facing Mahjong Time

The online casinos software development giant CryptoLogic has announced that the company is finalizing a deal with Mahjong Time is a move that brings the company one step further into penetrating the Asian gambling market. Internet gambling analysts have long-predicted that the Asian-Pacific region has the potential to be the largest online casinos gambling industry in the world if the regional governments legalize the activity. For that reason, CryptoLogic is one of the many internet gambling companies looking for ways to penetrate the Asian gambling industry.

Mahjong Time is a prominent software developer and turnkey provider for the Asian Mahjong gambling market – and the new deal with CryptoLogic could very well help Mahjong Time to expand that company’s sphere of influence beyond the Asian market to more of a global scope. The CEO at Mahjong Time, William Sutjiadi, remarks on the partnership, "As a game, Mahjong is about both strategy and community, and that's the approach we have taken to building our software and our business. CryptoLogic knows great innovation and great software, and together we will build a business with huge global potential."

As for CryptoLogic, the online casinos software development company will finalize the investment agreement with Mahjong Time by the end of the month and at that point CryptoLogic will have yet another strong foundational “in” for the Asian gaming market. According to specifics on the deal, CryptoLogic will invest as much as $2.5 million in the mahjong gaming developer – the two companies will work together to offer new and tailored content for the international gaming and gambling communities.

Source:http://www.gamblecraft.com/

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