CYOP Joins Interkod Technologies to Develop Online Casino Games
19 September 2005

CYOP Systems International Inc., operator of games portals and a top provider of online gaming software, recently revealed that they have made an agreement with Interkod Technologies Inc. for the purpose of online casino game development.

CYOP has hired Slovakia based, Interkod Technologies Inc. to construct online versions of a number of different multiplayer casino games including blackjack, craps, baccarat, and roulette. The games are set to begin development no later than the 1st of November. After the games have been created, CYOP will be the sole owner of the games and will then license them out to third party gaming operators. Furthermore, CYOP has every intention of adding the games to their own sites to provide players with a chance to play for real cash.

The CEO of CYOP, Mitch White, said that online poker has become such a huge success because players have the ability to play with or against their opponents in real-time. CYOP’s licensed backend technology initially was developed for handling multiplayer games on every platform, even those that supported high-end 3D and mobile gaming. CYOP has made it their priority to continue to find and build multiplayer casino and skill games wherever they discover the applications for the technology.

It is also interesting to note that according to the Informa Media Group, it is anticipated in 2006 that the global revenues from online gambling will total over $14 billion, which is a much higher profit when compared to the just over $3 billion that was made last year. In addition, the Informa Media Group estimates that in 2006 the US will generate 24% of the total online gambling profits, whereas Europe will generate as much as 53%.