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Dutch vote has no effects on Cryptologic

Filed under: Bingo News — 07 May 2008

The recent Dutch Senate vote has stated that it is against the granting of a monopolistic three year license on the state owned bingo casino, HollandCasino.com. However according to the Dublin based online gaming software developer of the site, Cryptologic, this decision will have not much of an impact on them.

With the passing of the bill, the Cryptologic powered Holland Casino exclusive would have earned online gambling rights in the Netherlands. This in turn would prove to be disadvantageous to the many other European online gambling companies like PartyGaming, Sportingbet and Bwin.

At present, the online gambling market in Holland consists of as many as 400,000 players. Today, Cryptologic is one of the more popular software providers for most of the UK based online games operators, and online bingo halls.

The company has recently moved its headquarters from Canada to Ireland and has strategically focused its attention on capturing the European and Asian online gaming markets.

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