£2.6m jackpot win with Millionaires Club
10 Junio 2011 - 11:39AM
RNS Non-Regulatory
TIDMCRP
Cryptologic Limited
10 June 2011
FOR IMMEDIATE RELEASE
Symbol: TSX: CRY & CXY; NASDAQ: CRYP; LSE: CRP
Newcastle man hits GBP2.6m jackpot with CryptoLogic's
Millionaires Club
Civil servant's 90p bet on the popular slot game at SkyVegas.com
bags one of the biggest online wins
June 10, 2011 (Dublin, IRELAND) - CryptoLogic Limited, a
developer of branded online betting games and Internet casino
software, is pleased announced that a 37-year old civil servant
from Newcastle, England has scooped a GBP2.6 million jackpot win
with Millionaires Club, the Company's award winning online casino
slot game.
The winner staked just 90p on the nine line, five-reel slot game
at SkyVegas.com, a leading CryptoLogic games licensee, last Friday
-- and walked away with one of the biggest wins online after
successfully spinning his way through several progressive bonus
rounds.
He is the fourth player to become an instant millionaire from
Millionaires Club, which was created and is licensed by CryptoLogic
to many of the world's leading online casino operators. The jackpot
builds up as players across the Millionaires Club network try their
luck on the game. The biggest ever payout from the game was in
2007, amounting to $8 million.
The player, who is the biggest SkyVegas winner to date, now
plans to spend some of the prize money buying houses for himself
and his parents.
Sky Vegas' Head of Gaming, John Parsonage, said: "We are in the
business of making instant millionaires. This is the second time
one of our players has bagged a life-changing windfall from
CryptoLogic's game and is a great crowd-puller for our site. We are
planning to launch another million pound jackpot slot soon so
hopefully there will be even more SkyVegas millionaires in the
future." CryptoLogic has one of the most comprehensive casino
content suites on the Internet, with games featuring some of the
world's most famous action and entertainment characters, resulting
in multiple industry awards and rave reviews from players. In
addition to SkyVegas, they can be played at some of the world's top
online gaming sites, including InterCasino, William Hill, 888,
bwin.party and others.
Ian Price, CryptoLogic's Head of Business and Product
Development, said: "Since its launch in 2005, Millionaires Club has
a gained loyal following due to its innovative content and a unique
blend of compelling entertainment value and big cash prizes. We
congratulate SkyVegas and the player on this win, which again
highlights the game's huge appeal to casino operators and players
worldwide."
###
For more information, please contact:
CryptoLogic Corfin Public Relations
+353 1 234 0400 +44 207 596 2860
David Gavagan, Chairman and Interim CEO Neil Thapar, Alexis Gore
Huw Spiers, CFO
About CryptoLogic(a) (www.cryptologic.com)
Focused on integrity and innovation, CryptoLogic Limited is a
leading developer and supplier of Internet gaming software. With
more than 300 games, CryptoLogic has one of the most comprehensive
casino suites on the Internet, with award-winning games featuring
some of the world's most famous action and entertainment
characters. The Company's licensees include many top Internet
gaming brands. CryptoLogic's leadership in regulatory compliance
makes it one of the few companies with gaming software certified to
strict standards similar to land-based gaming. The CryptoLogic
Group licenses gaming software and services to blue-chip customers
that offer their games to non-U.S. based players around the
world.
CryptoLogic's common shares trade on the Toronto Stock Exchange
(CRY, CXY), the NASDAQ Global Select Market (CRYP) and the Main
Market of the London Stock Exchange (CRP).
CRYPTOLOGIC FORWARD LOOKING STATEMENT DISCLAIMER:
This press release contains forward-looking statements within
the meaning of applicable securities laws. Statements in this press
release, which are not historical are forward-looking statements
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. The words "believe",
"expect", "anticipate", "estimate", "intend", "may", "will",
"would" and similar expressions and the negative of such
expressions are intended to identify forward-looking statements,
although not all forward-looking statements contain these
identifying words. Forward-looking statements are based on certain
factors and assumptions including expected growth, results of
operations, performance, business prospects and opportunities,
foreign exchange rates and effective income tax rates. While the
Company considers these factors and assumptions to be reasonable
based on information currently available, they may prove to be
incorrect. Forward-looking statements involve known and unknown
risks and uncertainties that may cause actual results, performance
or achievements of the Company to differ materially from the
anticipated results, performance or achievements expressed or
implied by such forward-looking statements. Risks related to
forward-looking statements include, without limitation, risks
associated with the Company's financial condition, prospects and
opportunities, legal risks associated with Internet gaming and
risks of governmental legislation and regulation, risks associated
with market acceptance and technological changes, risks associated
with dependence on licensees and key licensees, risks relating to
international operations and risks associated with competition.
Additional risks and uncertainties can be found in the Company's
Form 20-F for the fiscal year ended December 31, 2010 under the
heading "Item 3 - Key Information - Risk Factors" and in the
Company's other filings with the US Securities and Exchange
Commission and Canadian provincial securities commissions. Given
these risks and uncertainties, readers are cautioned not to place
undue reliance on such forward-looking statements. Forward-looking
statements are given only as at the date of this release and the
Company disclaims any obligation to update or revise the
forward-looking statements, whether as a result of new information,
future events or otherwise, except as otherwise required by
law.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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