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Cryptologic signs superhero deal – Bally’s Share Buyback

Software developer CrytptoLogic has secured the rights to develop online casino games based on Marvel superheroes Spiderman and the Fantastic Four. Under terms of the agreement CryptoLogic will retain sole rights for the games through 2010. Financial terms of the deal were not disclosed.

Bally agrees share buy-back
Gaming machine firm Bally Technologies has agreed to repurchase $6 million of its common stock from Chief Technology Officer Robert Luciano. Under terms of the agreement, Bally will buy the shares in October or on a later, mutually agreed-upon date.