These days the mobile gambling market of Asia is the fastest developing market all over the world. Especially South Korea is the leader in mobile gaming growth. So, it becomes clear why CryptoLogic, one of the online industry’s top software providers in the world, has partnered with Mobilebus Inc., South Korean personal computer game developer. CryptoLogic Ltd. is a leader in the online casinos gambling industry and it has recently aimed at expansion into new and just emerging markets. The most recent announcement indicates that CryptoLogic will own a great minority stake in the Mobilebus within a month.

CryptoLogic Ltd. lately moved its headquarters to Dublin in Ireland and started pursuing actively strategic deals and partnerships with companies facing Asia. The latest deal with Mobilebus fits right in with the long-term plans of a leading public e-gaming software developer and supplier. The latest partnerships of CryptoLogic bring areas of expertise and new markets into the company.

Brian Hadfield, just appointed Chief Executive Officer and President of CryptoLogic, states that Asia is indispensable to CryptoLogic’s approach “follow the sun” to business: it is about developing clockwise, going around the world. Mobilebus, an experienced game provider in a gaming industry, will help to bring all the players worldwide an exclusively Korean entertainment experience.

This new deal with Mobilebus has the potential for farther CryptoLogic’s investment in the future, and to begin, CryptoLogic will have a significant minority share in Mobilebus Inc., and also it will go into the Board of Directors.

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