A few days ago, the 12th of November, 2008 the news that Boss
Media and Cryptologic has signed a five-year contract was released. Where several major gaming companies, which today houses on Cryptologic,
including Parbet and Inter Poker will be transferred to Swedish Boss
Media. As most know,
Cryptologic has not had it easy lately when several major poker
companies has left them. The move of Cryptologic poker companies and
their players will save them an estimated $12 - $15 million annually.
Brian Hadfield, Cryptologic's president and CEO, said that the merge
represents "a major step in our journey back to growth, profitability
and returning shareholder value, helping Cryptologic reduce costs
substantially."
Boss Media and St. Minver, a subsidiary of
GTECH will offer Cryptologic players a good solution for their new
network IPN, based on Boss Media software. Beyond this, the Cryptologic
taken care of back office system and work with recruiting players to
Boss Media.
For a while there was speculations that Party
Poker and Cryptologic would merge, no one knows what will happen with that now, it remains to be seen.
This merge will give
Cryptologic a substantial lift to their poker players, but also Boss
Media will know of this merge in the form of a significant number of
new players to their playerbase.
Team
Rakeback Lovers
