Cryptologic - general information
The Cryptologic Limited Company is an Irish software supplier for online casinos, poker rooms ans sportsbooks, which is one of the most respected developers in the world. From its inception the company had two subsidiary companies: WagerLogic was engaged in software development and E-Cash Direct carried out all the transactions of the companies that were using software by Cryptologic. The company was founded in 1995. The main office was located in Dublin, Ireland.
The Cryptologic Company became famous and popular all over the world not only thanks to its high-quality software and but loyalty towards customers as well that allowed to attract new clients and win their good attitude.
Cryptologic made a name for themselves in the beginning of 2000s: the developments of the company not once got positive reviews from the critics and the players. The first product of the company was online casino InterCasino, where Cryptologic placed their gaming slots. It is worth noting that this casino was one of the first gambling facilities online. After operators have seen the quality of the production of this developer, many of them started to order software from this company. Among them were such famous online casinos as Caribbean Sands Casino, Playboy Casino and Omni Casino. But over time the company started to lose popularity because of their strict requirements towards players, and in result it was out of the list of top developers. The latest online casino which provided just games by Cryptologic was Inter Casino, however in 2016 InterCasino was bought by the Intertain Group, and they changed the growth area: InterCasino became multi-platform casino with games by multiple software suppliers.
History of Cryptologic Limited
The Cryptologic Company was founded in 1995 in Canada by brothers Andrew and Mark Rivkin, who developed an app to protect and encrypt online money transactions. In the early going the headquarters of the company was based in their parents’ house basement level, which they later changed to a big office in Dublin.
Initially the company was developing internet security systems. Later it changed its profile and became gambling-oriented, diving into growing industry, which promised wide perspectives to the companies. All the financial operations and licenses were processed via subsidiary company WagerLogic.
A year later online casino InterCasino was launched, which offered users to play the very first Cryptologic video slots. In a related move proposals on the deployment of the software were sent to a number of other online casinos and poker rooms, one of them was William Hill. After some time Cryptologic became one of the biggest and leading players on a new (at that time) online gambling development market.
In 1998, Cryptologic floated its stocks on Toronto Stock Exchange, in 2000 - on NASDAQ, in 2003 - on London Stock Exchange.
In 2002, the company took out a license by Gambling Commission of the Island of Man and two years later the company obtained one more license by Alderney regulator. This same year Lewis Rose was appointed the CEO of the company having worked in this position until 2007. Under his management, Cryptologic capitalization grew from с $90,000,000 to $400,000,000.
In 2004, Cryptologic sighed an agreement with Betfair to start the creation of Betfair Poker client. Sometime later the company started development online bingo software and created downloadable software for desktops.
In 2005, Cryptologic made an agreement with Marvel to get a permission to create theme slots with progressive jackpots. In result, 17 video slots were released that went viral. Among the best of them are Incredible Hulk, X-Men, The Fantastic Four, Daredevil, Blade, Sub-Mariner and the Punisher.
In 2007, Playboygaming.com web site was launched. It provided poker and online casino games on Cryptologic platform in terms of an agreement betweeb Playboy and Cryptologic. But in 2010, Playtech signed an agreement with Marvel to create slots based on their comics, so both suppliers have in their portfolios games with almost identical names.
The period from 2002 to 2007 is considered to be the best period of company’s activity. During that span Lewis Rose was in charge of Cryptologic, and he made capitalization of the company grow to $400,000,000. The company had about 300 employers back then. Cryptologic software was popular at that time, it was in demand from dozens of casino operators and poker rooms. The company went into crisis after some management mistakes, though, in result of it serious crisis began and Cryptologic lost its leading positions and its production started to lose in quality to the games by other developers.
In April 2012, Cryptologic was bought by Amaya Gaming Group for $35,800,000 in result of that subsidiary company WagerLogic was sold. The same fate befell other projects developed by Cryptologic such as InterCasino, InterPoker, InterBingo and others. The company wasn’t owned by Amaya Gaming for a long time - in April 2016 Amaya decided to make a deal with NYX Interactive to sell 100% of shares of Chartwell Technology, Inc and Cryptologic Limited, which had about 300 casino games released at that time. The deal completed in the middle of 2015. Since then Cryptologic exists like a subsidiary company of NYX Gaming Group Limited. Currently NYX has lots of clients among the casino operators, so it’s fairly possible that Cryptologic soon will continue its spread across online gambling facilities.
Cryptologic software (games/slots)
During its existence, which lasts for more than 20 years, the company has released hundreds of games of different genres. Its portfolio includes slots, card games, table games and others. Many games were unique in its genre and left a strong impression on the users.
Some titles by Cryptologic are known to all the gambling enthusiasts online. The company has to say thank you to Marvel slot series, which helped it to gain a wide range of admirers. The popularity of these comics is just overwhelming, so Cryptologic deserves give proper respect for this initiative which allowed to bring the company to the fore.
At the time many Cryptologic developments were innovative and often were singled out for particular praise (so called “wow-effect”) from the users. It was Cryptologic who began to release branded gaming slots based on cult films, famous superheroes and so on. Forrest Gump, Batman, Superman, Braveheart - these are just few of the video slots by Cryptologic, which opened up opportunities to meet the fans with their favorite heroes while spinning the reels of the slots.
Video slots released by the Cryptologic company have excellent graphics, interesting plots and nice animation. The software supplier signed a deal with Marvel, which was resulted in the creating of such video slots as Spiderman, The Incredible Hulk and Punisher.
One can play Cryptologic games in instant play mode (through web browser) and in downloadable version.
Cryptologic's portfolio contains over 300 different games, including live dealer casino games. The major products of the company are certainly video slots with free spin bonus rounds. They combine not just splendid graphics and sound effects, but also high return percent of 95% on average.
Cryptologic - reliability and safety
The company Cryptologic wouldn’t come to fame, had it worked undercover so the fact the biggest online casinos and other clients trust it speaks of its integrity.
Its is also licensed by two regulating authorities. Gambling Commission of Island of Man and Alderney gaming commission, that regularly check all the software of the company. Each month the independent company Price Waterhouse Coopers audits Cryptologic and the results of the audit are available for everyone on the official web site of the company.
Besides, the developers of the company created all the slots with 128-bit SSL encryption, that protects users' information from fraudsters.
The company Cryptologic was named the best software manufacturer (Top Casino Software) for online casinos in 2005, according to the Gambling Online Magazine readers’ survey. It was also awarded as “Top Casino Software Provider” in 2003 and 2004.
List of Cryptologic casinos for real money
Unfortunately, Cryptologic is more dead than alive, and most of the games by the company are now available under NYX Interactive brands. The vast majority of online casinos on Cryptologic platform are either closed, or made a transition to software of other suppliers. Until the beginning of 2010s, new casinos using thу software by Cryptologic appeared from time to time, but they could not compensate the old brands and audience loss. In result, by 2016 there is no Cryptologic casinos left. That is why you are unlikely to find operators in which you can get Cryptologic free spins no deposit required.