WagerWorks and 24hPoker sign partnership agreement
Solna, Sweden. (23 August 2007) - WagerWorks, the premier iGaming software supplier and 24hPoker today announced the signing of a strategic alliance to collectively market their respective product offerings. The two companies signed a Letter of Intent to commence cooperation in February 2007.
This collaboration will see WagerWorks integrate its casino games through its new WagerWorks rgs™ (remote game server) system to the 24hPoker turnkey solution, giving 24hPoker’s partners access to WagerWorks’ industry-leading games. 24hPoker will in tandem integrate to WagerWorks’ WagerWare® casino platform to provide WagerWorks customers access to a world-leading and fully integrated poker solution.
WagerWorks has selected 24hPoker as its “best of breed” poker partner, which will now enable WagerWorks to concentrate on its core competency of developing premium branded games. WagerWorks will be able to offer its customers the added value of playing on 24hPoker’s network. 24hPoker will also add WagerWorks’ Casino to its product portfolio, which makes 24hPoker’s offer even stronger.
Paul Mathews, President of WagerWorks, comments:
“This is an extremely exciting collaboration for WagerWorks and choosing 24hPoker as our poker partner allows us to concentrate on our core business of building great premium-branded casino games. Furthermore, this business partnership demonstrates that by using the WagerWorks rgs™ system, other operators can integrate our games onto their existing platforms”.
WagerWorks and 24hPoker have a powerful value proposition for the marketplace, combining their expertise in providing the “best of breed” casino and poker solutions. WagerWorks and 24hPoker are planning a release of WagerWorks rgs™ pending all necessary regulatory approvals.
Peter Åström, CEO of 24hPoker Holding AB, comments:
“This cooperation enables WagerWorks to offer its partners poker on 24hNetwork, instead of operating its own network. WagerWorks also offers a cutting-edge casino software solution that differentiates much from the casino software we have today, as it offers games based on well-known brands like Monopoly, Wheel of Fortune®, and Cluedo. This agreement is a part of our strategy to strengthen our international presence and to broaden our offer.”