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CAI Capitan Investment Ltd

0.015
0.00 (0.00%)
17 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Capitan Investment Ltd TSXV:CAI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.015 0.01 0.015 0 00:00:00

Casinos Austria International: Place Your Bets on Chartwell

15/04/2010 2:36pm

Marketwired Canada


Chartwell Technology Inc. (TSX:CWH) ("Chartwell" or the "Company"), a leading
provider of games, gaming systems and platforms for the regulated online casino
gaming industry announces the deployment of its flash-based, online casino
platform to Casinos Austria International ("CAI"), extending its client list to
now include one of the world's leading casino and gaming entertainment groups.


The Vienna based casino, gaming and entertainment company currently operates 38
land-based casinos in 16 countries, 8 shipboard casinos, 15 slot parlors and a
range of lottery products in Argentina. CAI posted aggregate revenues of 860
million euro for 2009.


"Over the past 18 months we have refocused our efforts on delivering the most
exciting online casino gaming platform", commented Dave Acorn, COO of Chartwell.
"Confirmation of the success of our strategy is clearly evident by the selection
of our gaming platform by this pre-eminent casino operator". 


"The vast structure of the CAI operations presented numerous technological
challenges", adds Dave Acorn. "By overcoming these obstacles we have enhanced
the ability to provide our flash-based online casino platform to geographically
diverse casino operators".


Chartwell's gaming platform provides a full suite of the most advanced
flash-based gaming content developed around an open architecture, designed to
provide the efficiency and flexibility demanded by today's leading gaming
brands. Licensed by the Gaming Commission (UK), Chartwell licensees are assured
of using the online casino platform approved by one of the strictest regulated
gaming markets in the world.


"Tapping into the world of online gaming is an important as well as a natural
step for CAI as we continue to diversify, integrating new innovative products
into our portfolio", says Casinos Austria International CEO Paul Herzfeld. "We
are delighted to have Chartwell Technology as our trusted technology partner in
this new venture and look forward to the launch of the customized casino
platform as we further develop our activities as a trusted provider in regulated
online gaming markets."


About Casinos Austria International

Founded in 1977, CAI offers a unique portfolio of casino, gaming and
entertainment consulting, development, management and investment services and
currently operates 38 land based casinos in 16 countries and 8 shipboard casinos
as well as 15 slot parlors and a range of lottery products in Argentina.


About Chartwell

Chartwell specialises in the development of leading-edge games, gaming systems
and platform for the regulated online casino gaming industry. Chartwell is
certified or licensed to offer a range of services in all of the leading
regulated online gaming markets. Chartwell is not a gaming operator; their
clients own their brands and databases entirely and exclusively. Chartwell's
team of highly trained professionals is committed to delivering the highest
quality software and maintaining its market edge through continuous development
and unparalleled customer support.


Further information on product and corporate development is available at:
www.chartwelltechnology.com

SOURCE: Chartwell Technology Inc.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: Certain statements contained herein may constitute forward-looking
statements. These statements relate to future events or our future performance.
All statements other than statements of historical fact may be forward-looking
statements. Forward-looking statements are often, but not always, identified by
the use of words such as "seek", "anticipate", "plan", "continue", "estimate",
"expect", "may", "will", "project", "predict", "potential", "targeting",
"intend", "could", "might", "should", "believe" and similar expressions. These
statements involve known and unknown risks, uncertainties and other factors that
may cause actual results or events to differ materially from those anticipated
in such forward-looking statements. We believe that the expectations reflected
in the forward-looking statements are reasonable based upon management's current
views but no assurance can be given that these expectations will prove to be
correct and such forward-looking statements should not be unduly relied upon.
These statements speak only as of the date hereof. No assurance can be given
that actual results, performance or achievement expressed in, or implied by
these forward-looking statements will occur, or if they do, that any benefits
may be derived from them. Past results and information provided by third party
sources considered to be accurate have been applied in drawing a conclusion or
making a forecast or projection set out in the forward-looking information.


Our actual results could differ materially from those anticipated in these
forward-looking statements as a result of factors that may include, but are not
limited to: the impact of government regulation and laws affecting international
operations, the impact of price competition, loss of business or credit risks
associated with current and prospective major customers, general industry and
market conditions and growth rates, currency rate fluctuations, the impact of
consolidations in the online gaming industry and other risks detailed from time
to time in Chartwell's Annual Information Form and Management's Discussion and
Analysis, both of which may be found at www.sedar.com


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