Part of the deal includes a revenue sharing system in which CryptoLogic will receive a portion of the revenue generated at Betsafe once the software is in use. That is expected to happen by the end of 2009.

"This is the first time Betsafe, one of the fastest growing operators, has offered a download casino to its players," said Brian Hadsfield, President and CEO of CryptoLogic, "In line with our strategy, this deal also provides us with greater penetration into the Scandanavian market and is a further significant step towards our goal of profitability and long-term growth."

Betsafe.com has a customer base of over 250,000 customers. There will be plenty of games on the CryptoLogic network that will become available to these players in the near future. CryptoLogic boasts over 200 casino games, and casinos currently using the company rave about the quality of the software providers games.

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