Article published on 5 July 2011

Chartwell Signs New Multi Year Deal

Chartwell will provide games to YouWin.com and SportsBook.com
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The Canadian gaming provider, Chartwell Technology, has signed a lucrative deal with the gambling group, Win United Limited.

The multi year agreement will see the Irish/Canadian based Chartwell provide its top suite of table games, card games and live dealer content to two of Win United Ltd's brands, namely SportsBook.com and YouWin.com.

The latter was launched recently in order to take on some of the bigger sports betting sites in Europe and provide quality alternatives for players looking for diversity in their sports wagering and attractive prices.

The Chief Executive Officer of Win United Ltd., John Overett, said about the new multi year deal: "We are delighted to be associated with Chartwell."

"Strategically their casino games portfolio fits our business model very well," he said. "They understood our needs and worked tirelessly with us to deliver the integration in a robust and timely fashion."

He added that Win United looks forward to a long and prosperous business partnership with Chartwell Technology.

Add the Chief Operating Officer of Chartwell Technology, Dave Acorn: "We're pleased to welcome Win United and look forward to working with them to build their business."

Chartwell Q2 Losses Widened

The licensing deal provides some good news for Chartwell Technology, which recently announced its financial results for the second quarter, posting a loss of C$1.8 million, compared to a loss of C$0.9 million in the same period one year earlier.

The group said that total revenue for the quarter was C$2.4 million, compared to $3.1 million one year earlier.

Last month, NextGen Gaming signed a licensing deal with Chartwell to supply its slot games to the Canadian gambling company. At the time of the signing, the CEO of NextGen, Matt Davey said that his group was excited to offer their market leading slot content to Chartwell's network of major eGaming operators.

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