Milestones: In 1996 the InterCasino made its online debut – the first Cryptologic operated online casino.
Main place of business: Dublin, Ireland
Year of foundation: 1995
CryptoLogic Inc. is a gambling software developer from Toronto, Canada. Nowadays, the company is headquartered in Dublin, Ireland. Cryptologic is one of the five largest software developers in the online gambling industry, together with Playtech, Microgaming, Boss Media and Real Time Gaming.
CryptoLogic was founded by the brothers Andrew and Mark Rivkin in 1995 in the cellar of their parents. Through its subsidiary WagerLogic, Cryptologic licenses online casino games to third parties and provides customer support and online payment services.
The first license went to the InterCasino in 1996. Since then, the company has licensed its software to many online casinos and poker rooms, including William Hill, the first country-based gambling company operating on the Internet. Other licensees are Littlewoods, Playboy Casino and Ritz Club Casino.
CryptoLogic was listed on the Toronto Stock Exchange in 1998 and NASDAQ in 2000. In 2003, the company also began trading on the London Stock Exchange.
Since 1995, Cryptologic has processed more than $ 60 billion of incoming and outgoing payments. Worldwide, the company has accepted betting on the Internet for more than 1 million people.
Since the UIGEA Act in 2006, Cryptologic has no longer accepted any US players and is now focusing on the European market.
There are hardly any safer online casinos than Cryptologic, because the company is breakthrough in terms of online security and all Cryptologic-licensed online casinos are tested monthly by independent auditors.
There are over 280 online casino games in the Cryptologic portfolio, including several blackjack versions, table games and video poker. But the most popular and well-known Cryptologic games are the Marvel Comic machines that were licensed to many online casinos, including 888.com, Betfair, Gigamedia, PaddyPower, PartyGaming and Victor Chandler.
The Casinospiele of Cryptologic are available as download and flash version without download. Unfortunately, there are no live dealer games at Cryptologic, but the software features include very nice 3D graphics, a multi-player mode, and many other game settings. Also noteworthy are the very high progressive jackpots in the Cryptologic network. There are over 35 jackpot games that many players have made to millionaires. The popular Millionaire’s Club video slot has a minimum jackpot of $ 275,000 and still holds the record for the biggest online casino jackpot ever, with over $ 8 million!
Cryptologic had some problems in recent years. Although the software and the games are of very high quality (Cryptologic has won four times the prize for best online casino software from Gambling Online magazine), the online casinos and poker rooms seem to prefer other software developers like Playtech and Microgaming. Thus, William Hill ended the collaboration with Cryptologic in 2009 and switched to the Playtech platform. The well-known English gambling group Littlewoods now uses software from 888.com.
The best Cryptologic Casino is the InterCasino:
• More than 200 different games