Online casinos are the latest innovations to have swept casino lovers as compared to the traditional casinos, online casinos are easily accessible and it is possible for one to engage in gambling without visiting a casino parlor but rather within the confines of one's home, in the presence of a personal computer and internet connection. It is interesting to note that compared to the traditional casinos, the online casinos are no less by any means and in most cases even the bonus amounts offered by the online casinos are at par with the traditional casinos. It is to be borne in mind that for their functioning, it is necessary for the online casinos to receive some sort of software support. There are various software application service providers which aid these online casinos in their functioning. CryptoLogic Inc is one among the leading software service providers along with Playtech, Microgaming and Real Time Gaming. The company was launched in 1995 by Mark and Andrew Rivkin and since then the company has shown remarkable improvement and have introduced various innovations that have consolidated its position as one of the leading service providers. It is a subsidiary firm known as WaterLogic which is responsible for all kind of operations related to gaming softwares required for online casino gambling. InterCasino devised by CryptoLogic was launched in 1996 and it is also known as one of the very first among the online casinos that offered ‘play-for-money' opportunities. Prior to the accomplishment of software certification, CryptoLogic also engaged in trading in the London Stock Exchange, NASDAQ etc. Apart form providing access to online casinos and online poker rooms, currently CryptoLogic has also engaged in offering software for online bingo gambling. In 1999, CryptoLogic became the first to enter into an agreement with a leading bookmaker of the United Kingdom , William Hill and they became the first among ht eland based casino operators to enter into online gaming.
By 2002, CryptoLogic provided multifarious online casino gambling games in a variety of languages and currencies as well. CryptoLogic was also instrumental in initiating the launch of Java version of certain casino games without any download options for the consumer. In 2004, the online poker room powered by CryptoLogic became one among the top ten in the world ratings in terms of revenue collection. In 2007 World Poker Tour Enterprises or WPTE joined CryptoLogic and now presents several online casino and poker games.