Casino News Today

Award-winning downloadable casino software to be offered in new market

CryptoLogic , a leading software developer to the global Internet gaming market, has signed an exclusive licensing agreement with Kurastica, a spin off of a major international operating company with extensive experience in the gaming marketplace that does business in the Commonwealth of Independent States (CIS). Under the multi-year multi-million dollar deal, the company will begin offering CryptoLogic’s award-winning Internet casino software, through a number of channels, to players beginning in the first quarter of 2009.

“One of CryptoLogic’s goals is to expand into new markets, where we can bring players the best global gaming software - tailored to specific needs,” said Brian Hadfield, CryptoLogic’s President and CEO. “With a deep-rooted gaming culture, vast population and fast-growing Internet economy, the CIS is a very promising market. And with a seasoned local partner, CryptoLogic will bring players a truly exceptional entertainment experience.”

Kurastica’s parent company had established successful gaming businesses in Russia, the Ukraine, Kazakhstan, Armenia, Georgia, Belorussia and other countries. Their management and staff include experienced professionals from gaming clubs and casinos, as well as creative experts in the Internet casino space.

With more than 200 games, CryptoLogic has one of the most comprehensive casino suites on the Internet today, earning rave reviews from industry peers and players alike. In February 2008, CryptoLogic earned Gambling Online Magazine’s Top Casino Software award for the third consecutive year. Based on the votes of players around the world, it is widely considered the industry’s top honour.

“This breakthrough into the CIS is another clear demonstration of our success in adapting CryptoLogic’s software for different customers, different players and different markets,” added Justin Thouin, CryptoLogic’s Vice President of Product Management and Business Development.

About CryptoLogic(R) ( www.cryptologic.com)
Focused on integrity and innovation, CryptoLogic Limited is a world-leading, blue-chip public developer and supplier of Internet gaming software. Its leadership in regulatory compliance makes it one of the very few companies with gaming software that is certified to strict standards similar to land-based gaming. WagerLogic(R) Limited, a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of its gaming software and services to blue-chip customers who offer their games around the world to non-U.S. based players.

For information on WagerLogic, visit www.wagerlogic.com.

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:
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. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the company’s financial condition and prospects, 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, risks associated with competition and other risks detailed in the company’s filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.
Contacts:
CryptoLogic
Stephen Taylor
Chief Financial Officer
353 (0) 1 234 0415

Argyle Communications
Karen Passmore
(North American and gaming industry media)
(416) 968-7311 ext 228
kpassmore@argylecommunications.com

Argyle Communications
Daniel Tisch
(North American and gaming industry media)
(416) 968-7311 ext 228
dtisch@argylecommunications.com

Corfin Communications
Neil Thapar
(UK media only)
+44 207 977 0020

Corfin Communications
William Cullum
(UK media only)
+44 207 977 0020

Corfin Communications
Harry Chathli
(UK media only)
+44 207 977 0020

SOURCE: CryptoLogic Limited

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A casino-bound tour bus collided with a tomato truck on Highway 152 in Los Banos on Sunday, leaving several passengers with minor injuries and about 25 tons of tomatoes on the highway.

California Highway Patrol officers say the bus driver may have fallen asleep behind the wheel, causing the accident. The accident was reported around 9:25 a.m. in the highway’s eastbound lanes near Volta Road.

Mike Panelli, CHP spokesman, said the collision occurred after the bus, which was carrying 30 passengers bound for Chukchansi Gold Resort and Casino, struck the right rear side of the big-rig truck.

A total of 13 passengers were injured during the accident. One was flown by helicopter to a local hospital with minor to moderate injures. The rest of the passengers were transported to local hospitals via ambulance, Panelli said.

While the damage to the bus was substantial, Panelli said no one appeared to be seriously hurt. “Based on the damage to the bus, it could have been a whole lot worse,” Panelli said.

Bus passengers told CHP officers that the driver, 32-year-old Javier Banuelos, of San Jose, appeared to be falling asleep at the wheel, causing the bus to drift into the center median, Panelli said.

Meanwhile, the tomato truck, also traveling eastbound, was slowing down to turn left onto Volta Road.

Panelli said the bus driver had swerved back into the eastbound lanes of the highway — but failed to see the tomato truck slowing down.

The accident dislodged the tomato truck’s tubs, spilling the tomatoes onto the median and one lane of the highway. The driver of the tomato truck was uninjured, and the driver of the bus received minor injuries, Panelli said.

Panelli said the bus is owned by a San Jose tour company.

Nick Carlucci, owner of Firebaugh-based Cartel Transport, said his company’s tomato truck was no more than 10 minutes away from a processing plant when the accident happened.

Carlucci said he arrived at the scene within five minutes of the accident. He reported seeing passengers with bumps and bruises and others complaining of soreness. “You could have had a catastrophe, with 30 people on that bus,” Carlucci said.

Panelli said alcohol does not appear to be a factor in the accident. The CHP closed one lane of the highway, which backed up traffic for hours. Both lanes were clear by 1 p.m.

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 Foxwoods Resort Casino today announced it has appointed Edward Stanton to Vice President of Hotel Operations and Judy Alberti to Vice President of Entertainment & Sports. Each individual brings a wealth of industry experience and enthusiasm to their respectful positions.

Edward Stanton possesses over 23 years of experience in the hotel industry and holds a Six Sigma certified black belt for process improvements, revenue enhancement, cost savings and guest satisfaction index.  In his roll as Vice President of Hotel Operations, Stanton will be responsible to for the day to day operations of all three hotels at Foxwoods Resort Casino including daily hotel occupancy and working with various in house departments to ensure exceptional customer service. Prior to joining Foxwoods Resort Casino, Stanton served as Hotel Manager for the Westin Copley Place in Boston. In addition, he worked as General Manager at the Sheraton in Lexington, Massachusetts and held various positions within Starwood and Marriott Hotels & Resorts.

As Vice President of Entertainment & Sports for Foxwoods Resort Casino and MGM Grand at Foxwoods, Judy Alberti is responsible for overseeing the recruitment of exceptional entertainment to perform in the MGM Grand Theater, as well as the Fox Theatre. In addition, Alberti is responsible for organizing all logistical and technical needs of confirmed talent as well as overseeing ticketing operations. Alberti will also be responsible for the day to day operations of the arcade and related entertainment venues/areas such as The Club and various lounges.  Bringing with her an extensive background in the entertainment and gaming industries, Alberti most recently served as Chief Executive Officer of the 5,000-seat Dodge Theater in Phoenix. Prior to that she was Vice President of Entertainment for Station Casinos in Las Vegas, where she was responsible for the entertainment operations for nine casinos.
 

About MGM Grand at Foxwoods
The highly anticipated MGM Grand at Foxwoods will feature 825 luxurious guest rooms, 115,000 square feet of meeting space, a 4,000-seat Performing Arts Theater, 21,000-square-foot spa, celebrity chef restaurants, high-end retail and a state-of-the-art casino when it debuts in May 2008.  Adding another distinctive gaming and entertainment destination, the new MGM Grand at Foxwoods will be Connecticut’s third largest resort casino, evocative of the Las Vegas landmark: grand in every sense; classically elegant and refreshingly one-of-a-kind.  The must-see MGM Grand at Foxwoods will enjoy the same amenities as Foxwoods Resort Casino, including access to Lake of Isles™, featuring two, 18-hole championship golf courses designed by Rees Jones and a state-of-the-art Golf Academy.  The property is easily accessible from Boston, New York, Hartford and Providence.  For more information, call 1-866-MGM-0050 or visit www.mgmatfoxwoods.com.

About Foxwoods
North America’s largest casino, Foxwoods Resort Casino® is located in the rolling hills of southeastern Connecticut and is easily accessible from Boston, New York, Hartford and Providence.  Owned by the Mashantucket Pequot Tribal Nation, Foxwoods features six casinos with more than 7,200 slots, 380 table games, the only WPT World Poker Room™ in New England, High Stakes Bingo and Ultimate Race Book. There are 1,416 guest rooms and suites in three hotels, more than 30 restaurants, a luxurious spa, more than 50,000 square feet of premium meeting and event space, 24 retail shops and five entertainment venues, including the 1,400-seat Fox Theatre.  Conveniently located adjacent to Foxwoods is Lake of Isles™, featuring two, 18-hole championship golf courses designed by Rees Jones and a state-of-the-art Golf Academy.  In Spring 2008, the highly anticipated MGM Grand at Foxwoods® will add 825 luxurious guest rooms, 115,000 square feet of meeting space,  a 4,000-seat Performing Arts Theater, 21,000-square-foot spa as well as more dining, retail and gaming facilities, bolstering Foxwoods’  preeminence as the East Coast’s ultimate casino resort destination.  Foxwoods supports responsible gaming, and plays a leadership role in the Connecticut Council of Problem Gambling, of which it was a founding entity.   For more information, call 1-800-FOXWOODS or visit www.foxwoods.com.

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