The Ritz Club London Online, a prestigious UK gaming brand, has debuted its new poker room at The Ritz Club London.com, licensed by CryptoLogic subsidiary, WagerLogic Limited. This is the seventh poker room license issued by Wagerlogic. A licensee since 2002, the UK site has added online poker to expand its global reach into one of the Internet's fastest growing markets.
Online poker continues to enjoy exceptional popularity around the world, having risen to account for more than 15% of the $5.7 billion global online gaming market last year. With online poker driving the exciting growth of many online gaming businesses, CryptoLogic is benefiting from its expanding roster of international brand name licensees expanding into this large, emerging game segment. As a result, CryptoLogic aims to grow online poker to 15% of its overall revenue in 2004.
"We are excited to introduce live person-to-person Internet poker and offer our customers the latest in online gaming entertainment," commented Malcolm Graham, Managing Director, The Ritz Club London Online.
The Ritz Club London will offer the newest version of WagerLogic's online poker software. Customized to the Ritz's exacting brand standards, the site offers the most popular games, including Texas Hold'em, Omaha High, Omaha High/Low and 7-Card Stud. Players can get a game at their preferred stake around the clock, while enjoying live poker action with real money players from around the world. No Limit/Pot Limit games and multi-table tournaments are recently added attractions that increase player appeal and traffic.