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Chartwell Technology
Canadian gaming software developer From Wikipedia, the free encyclopedia
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Chartwell Technology was a gaming software developer focused largely on the online casino market. The company was based in Calgary.
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Chartwell Technology was originally founded in British Columbia on 16 December 1987 as Napier Explorations Inc., a mineral exploration company with interests in mineral exploration in British Columbia.[1] In 1989, the name changed to Brockton Resources Inc. In 1992, the company stopped its mineral activities and moved to oil and gas, changing its name to Chartwell Ventures Ltd.[1][2]
In 1998, after acquiring Gateway Technology, a software developer, the company completely changed its business module by shifting to software developing and licensing. Few months later, on 8 December 1998, the name was eventually changed to Chartwell Technology Inc.[3] In 2005, Chartwell acquired MicroPower, an online poker software developer.[4]
The company developed a wide range of online casino games including slot games, table games and fixed odds games, mini games, and networked multiplayer baccarat and blackjack.[5]
Chartwell Technology had over 130 employees in three countries, Canada, the United Kingdom, and Malta[6].
Chartwell provided gaming software to notable companies and websites to power their online games, such as Betfair, Bwin, Casinos Austria, Bet365, and 888casino.[7] It also partnered with many gaming software developers, such as Macau-based Entertasia and UK-based HoGaming.[8][9]
Previously traded on the Alberta Stock Exchange and the TSX Venture Exchange, in 2004, Chartwell Technology was listed on the Toronto Stock Exchange under the trading symbol TSX:CWH, and delisted in May 2011 after Amaya's acquisition.[10][11]
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Acquisition
In July 2011, Chartwell Technology was sold to The Stars Group (then Amaya Gaming Group) in a $23 million deal. As a result, it became a wholly owned subsidiary of Amaya Gaming Group Inc., and its name was changed to Amaya Alberta Inc.[12][13] In 2015, Amaya sold the company—along with other subsidiaries, to Las Vegas-based NYX Gaming Group, which in turn was acquired a few years later by Scientific Games.[14][15]
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