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Online Casino News for Wednesday - January 7, 2004

More Online Casino News
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• RITZ CLUB LONDON LAUNCHES INTERNET CASINO IN HIGHLY REGULATED JURISDICTION – USING CRYPTOLOGIC-DEVELOPED TECHNOLOGY
• Casino boat looks for buyer
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Online Casino News
RITZ CLUB LONDON LAUNCHES INTERNET CASINO IN HIGHLY REGULATED JURISDICTION – USING CRYPTOLOGIC-DEVELOPED TECHNOLOGY - 2004-01-07
CryptoLogic Inc., a leading software developer to the Internet gaming and e-commerce industries, is glad to announce another major milestone in its European growth. The Ritz Club London Online (www.theritzclublondon.com), a prestigious UK gaming brand, has used CryptoLogic-developed technology to establish an online casino in Alderney – one of the industry’s most harshly regulated jurisdictions in the world.

CryptoLogic is at the regulatory forefront as one of the few gaming software companies in the world that complies with the most exacting requirements. This commitment to the highest integrity is evidence by its software certification in Alderney, through WagerLogic, a wholly owned subsidiary of CryptoLogic, and together with The Ritz Club London, a customer since 2002.
Read the full story at e-consultancy
 
Casino boat looks for buyer - 2004-01-07
SunCruz Casinos is seeking a buyer to take over the company from Chapter 11, but the change shouldn't have an impact on its operation in Little River, the company said.

Ventures LLC, which is owned by SunCruz Casinos LLC, has filed for Chapter 11 bankruptcy protection. If the business and assets are sold as one, the boat would be able to continue operating even though Horry County has a moratorium on new casino boats, County Councilman Harold Worley said.

If it's sold in pieces, it will be considered a new business and not allowed, he said.
Read the full story at Myrtle Beach Sun News
 






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