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Cryptologic extends Marvel licensing agreement until 2013

Spider-Man, The Incredible Hulk, X-Men and other comic book heroes will be staying on with Internet gambling software developer CryptoLogic until 2013, the company announced this week, revealing that it has extended its exclusive licensing agreement with Marvel Entertainment, Inc., a relationship that has produced some of the company's most popular and profitable games.

Under the agreement, CryptoLogic retains its rights as the exclusive worldwide developer of Internet casino games based on Marvel's characters as they appear in the comic books through 2013. This is the third time CryptoLogic has extended its deal with Marvel.

"CryptoLogic's exclusive partnership with Marvel has been daringly different for our industry - as together we have brought some of the world's favourite characters to the world's top Internet casinos," said Brian Hadfield, CryptoLogic's President and CEO. "It's exciting to extend a deal that has been mutually successful and profitable, and to strengthen CryptoLogic's competitive advantage in the branded gaming space."

Simon Philips, President, Worldwide Consumer Products for Marvel Entertainment, said CryptoLogic had shown a capability to translate Marvel's world renowned Super Heroes into hugely successful Internet casino games, and his company was confident that it would continue to fully leverage the properties on a global level.

Since 2005, CryptoLogic has launched more than 17 slot games featuring classic Marvel Super Heroes - including Spider-Man, The Incredible Hulk, X-Men, The Fantastic Four, Daredevil, Blade, Sub-Mariner, the Punisher and others - at popular Internet casinos.

Source: InfoPowa News

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