Canadian Online Gambling Operator Relaunches InterCasino

InterCasino is a global online casino, but has had several Canadian connections in its long life span. At present it is one of the brands of the Canadian online gambling operator Intertain Group Ltd. Intertain has announced the relaunch of InterCasino on its proprietary Plain Gaming platform. In fact the new look InterCasino has just gone live. The Plain Gaming platform features more than 1,000 casino games for desktop and over 400 casino games for mobile, developed by over 30 different providers that include big names like Microgaming and NetEnt. This makes it one of the most powerful online casino platforms in the industry. Even with fewer mobile games, more than a half the revenue generated by the platform at present comes from mobile gaming.

Irina Cornides, Intertain Bahamas chief revenue officer, explained the reason for the change. Cornides said that the Plain Gaming has been earmarked as an important component of the growth strategy of the company. It has already delivered results for Vera & John, another online casino operated by Intertain. The combination of this platform with the brand equity of InterCasino is a sure fire recipe for success. Further, by adopting its own platform the company will reduce costs arising from payments to third parties, and this saving counts for a lot in the competitive online casino space.

Andrew and Mark Rivkin, Canadian brothers living in Toronto, founded Cryptologic in 1995, in which they developed a mechanism for secure online financial transactions. In order to practically and commercially exploit this system, Cryptologic launched InterCasino on November 17 1996 as the world’s first online real money casino. InterCasino was owned and operated by Cryptologic. In 2008, Cryptologic shifted its headquarters from Toronto to Ireland. The next four years were not good for InterCasino. Then in 2012 Amaya Gaming, another Canadian online gambling company, acquired Cryptologic and through it InterCasino. In 2014, Amaya sold a portion of the Cryptologic business that included InterCasino to Goldstar Acquisitionco Inc. In the same year Goldstar merged with Intertain. This is how InterCasino became an Intertain brand.

Earlier in the year there were reports that Amaya Gaming was interested in buying Intertain. The stock price of Intertain surged a bit on the Toronto stock exchange. Intertain maintained that they have other offers and are evaluating all of them. This move seems to have quietened down a bit with the insider trading allegations against Baazov of Amaya Gaming. Despite all these ownership changes, InterCasino remains a much sought after online casino.

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