April 2nd 2008
To Move Further Into Asian Gaming Market
The online casinos giant CryptoLogic has reported that they are completing an agreement with Mahjong Time and it’s a move which helps the company to penetrate into the gambling market of Asia. According to online gambling analysts the Asian-Pacific region are going to be the major internet-based casino gambling industry all over the world if the gambling activity is legalized by the regional governments. Thanks to this reason, CryptoLogic as well as the numerous online gambling companies is seeking ways for penetrating the gambling industry of the Asian-Pacific region.
Mahjong Time is a famous turnkey provider and software developer for the gambling market of Asian Mahjong – and the new agreement with CryptoLogic might help Mahjong Time a lot to expand its sphere of influence to more of a worldwide scope. William Sutjiadi, the CEO of Mahjong Time, comments about this partnership, “Speaking about a game, Mahjong is community and strategy, and that is the approach that we’ve taken to build our business and our software. CryptoLogic is famous for its outstanding software and innovation, and jointly we’ll build a business that will be huge universal potential.”
CryptoLogic will complete the investment deal with Mahjong Time at the end of this month and at that point in time CryptoLogic will have one more strong initial “in” for the gaming market of Asia. In accordance with specifics on the agreement, CryptoLogic will make US$2.5 million as investment in the gaming developer of mahjong – these 2 companies will act together to give tailored and new content for the worldwide gambling and gaming communities.
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