Online casino software and gaming solutions developer, Cryptologic, has officially announced they have signed a Memorandum of Understanding with two high profile Asian gaming companies - 568 Network and Brilliance Technology - to bring online gambling entertainment to the expanding internet gaming markets of Macau, Hong Kong, Taiwan and China. According to their press release, the three companies will combine assets to form a single operation for adapting Cryptologic's online casino software package into a platform suited to the Chinese market.

Rather than offering a standard selection of Western games, this platform will primarily be comprised of adapted online casino games, casual and skill games, such as mahjong, as well as poker games. No other company is more suited to help make this happen than 568 Network, who already holds a license from China Welfare Lottery through its Asia based subsidiary. 568 Network has been quite successful in Asia, having developed several card/skill games, such as "Fight Landlord", "Za Jin Hua", "Dragon Ball" and "Lian Lian Kaan".

As for Brilliance Technology, they too have an established presence in Asia. Providing extensive IT services in China, Brilliance will be charged with developing "play-for-fun" and "play-for-money" subscriptions to the new breed of Cryptologic games, which will become available at thousands of internet cafes and via mobile phones, which a significant portion of the Chinese population uses. Brilliance will ultimately be doing what they do best -  Implementing banking and processing applications for the new online casino game hybrids.

As for Cryptologic, they have already acquired the necessary permits needed to offer their games in China and throughout Asia. This partnership represents another phase in the company's master plan to infiltrate the Asian gambling industry, which is one of the fastest growing and potentially profitable markets in the world. Already making up for lost business in the U.S. market, Cryptologic is well on their way at becoming a mainstay in Asia.