8/17/2017 Mark Rivkin - Wikipedia

Mark Rivkin
From Wikipedia, the free encyclopedia

</gallery>

Mark Rivkin is a Canadian born investor and entrepreneur.

Rivkin is the co-founder of CryptoLogic Inc., which he Mark Rivkin
started with his brother Andrew Rivkin in 1995. He also co- Nationality Canadian
founded QT Inc. in 2004, a Toronto-based investment Occupation Entrepreneur
company which he owns and operates with Harvey
Solursh.[1] Known for Inventing internet gambling, Casino
& Gaming Software; Investments

Contents
1 About
2 CryptoLogic
3 QT Inc.
4 References
5 External links

About
Rivkin attended the University of Western Ontario before graduating in 1993. While there, he founded Campus
Notes, a lecture note service used at the University of Toronto and the University of Western Ontario. After
graduating, he started CryptoLogic Inc. with his brother Andrew. In 2003, Mark and Andrew left the company
to explore new ventures. In 2005, he joined Groove Media Inc. as chairman, a company best known for its
retail publishing activities through the Groove Games label. In 2004, Mark Rivkin co-founded QT Inc. He is a
principal of the company along with Harvey Solursh.[2][3]

CryptoLogic
Rivkin co-founded CryptoLogic in Toronto in February 1995 with his brother, Andrew Rivkin, as young
graduates still living in their parents' basement.[4][5][6][7] They started the project, using their own software, as a
general Internet security software company.

Despite CryptoLogic's earlier purpose, Andrew and Mark soon started to focus on online gambling, which had
become a growth industry since Antigua and Barbuda became the first country to legalize the practice in
1994.[5][8]

In 1996, after the brothers raised C$500,000 in venture capital, they gained their first licensee in InterCasino.
InterCasino, the world's first real wager Internet casino, went online using CryptoLogic software.[9][10][11] By
1998, CryptoLogic was considered a major player in the emerging online casino industry, with its software used
by online casinos in Curaao and Dominica as well as Antigua and Barbuda.[4] By mid-2000 CryptoLogic
software was used by over 500,000 online casino end users worldwide and processed over $4 billion in online
transactions.[5][12]

CryptoLogic was one of the largest online gaming platform providers in the world. The company was listed on
the Toronto Stock Exchange in September 1998 and on the NASDAQ stock exchange in March 2000.[13][14]
Andrew and Mark Rivkin Rivkin stepped down as CEO of CryptoLogic in January 2001 but remained on the
company's board of directors. [7][15]

https://en.wikipedia.org/wiki/Mark_Rivkin 1/3
8/17/2017 Mark Rivkin - Wikipedia

QT Inc.
Mark Rivkin co-founded QT Inc with a former CFO of CryptoLogic Inc., Harvey Solursh in 2004. QT Inc. is a
Toronto-based investment company that specializes in commercial and residential real estate, private and
commercial investments, development, mortgages, and financing.

References

1. "Andrews Early Years & Cryptologic" (http://andrewrivkinbiography.com/andrews-early-years-cryptolo

gic). Wordpress. Retrieved 17 December 2012.
2. Julie Broadfoot (17 October 2008). "Spacemen invade enchanted forest" (http://news.bbc.co.uk/2/hi/uk_n
ews/scotland/7675832.stm). BBC Scotland. Retrieved 17 December 2012.
3. "Company Overview of Sound2Light Productions Ltd." (http://investing.businessweek.com/research/stoc
ks/private/snapshot.asp?privcapId=182474317). BusinessWeek. Retrieved 17 December 2012.
4. Silcoff, Sean (10 April 1998). "The odds look good. (Andrew and Mark Rivkin's management of
gambling software firm CryptoLogic Inc)" (http://business.highbeam.com/5274/article-1G1-20925540/o
dds-look-good). Highbeam Business. Retrieved 17 December 2012.
5. "Application Software Analysis: Andrew Rivkin - Cryptologic Inc." (http://www.twst.com/interview/547
6). The Wall Street Transcript. 3 July 2000. Retrieved 17 December 2012.
6. "Cryptologic Casino Bonus" (http://www.canadacasinosonline.ca/casino-software/cryptologic-casinos.ht
ml). Canada Casinos Online. Retrieved 17 December 2012.
7. "Cryptologic Welcomes New CEO to Lead Company in its Next Growth Phase" (http://www.casinocityti
mes.com/news/article/cryptologic-welcomes-new-ceo-to-lead-company-in-its-next-growth-phase-12358
6). Casino City Times. 12 December 2000. Retrieved 17 December 2012.
8. "History of Online Gambling" (http://www.onlinegambling.com/online-gambling-history.htm).
OnlineGambling.com. Retrieved 17 December 2012.
9. Brad Lemaire (4 January 2012). "CryptoLogic to buy online gaming licenses from InterCasino" (https://
web.archive.org/web/20120108140250/http://www.proactiveinvestors.com/companies/news/23043/crypt
ologic-to-buy-online-gaming-licenses-from-intercasino-23043.html). Proactive Investors. Archived from
the original (http://www.proactiveinvestors.com/companies/news/23043/cryptologic-to-buy-online-gami
ng-licenses-from-intercasino-23043.html) on 8 January 2012. Retrieved 17 December 2012.
10. Tom Somach (2 July 2007). "GAMBLING ... GOLD RUSH?" (http://www.sfgate.com/business/article/G
AMBLING-GOLD-RUSH-A-congressional-push-2553894.php). The San Francisco Chronicle.
Retrieved 17 December 2012.
11. "Cryptologic Acquires Licenses For Intercasino" (https://web.archive.org/web/20121226192231/http://w
ww.docstoc.com/docs/111081758/Cryptologic-Acquires-Licenses-For-Intercasino---CRYPTOLOGIC---1
-4-2012). Archived from the original (http://www.docstoc.com/docs/111081758/Cryptologic-Acquires-Li
censes-For-Intercasino---CRYPTOLOGIC---1-4-2012) on 26 December 2012. Retrieved 17 December
2012.
12. Justin Thouin. "Best Casino Software: Cryptologic" (http://www.gamblingonlinemagazine.com/GOM-A
wards-2009/Cryptologic.php). Gambling Online Magazizne. Retrieved 17 December 2012.
13. "Company Announcements" (http://www.investegate.co.uk/Index.aspx?date=20110427&arch=1).
InvestEgate. 27 April 2011. Retrieved 17 December 2012.
14. "CryptoLogic Applies for Delisting of Its Shares on NASDAQ" (http://www.marketwire.com/press-relea
se/cryptologic-applies-for-delisting-of-its-shares-on-nasdaq-tsx-cry-1672137.htm). The MarketWire. 21
June 2012. Retrieved 17 December 2012.
15. "Amaya Gaming Looks to Acquire Cryptologic" (http://www.cantechletter.com/2012/01/amaya-gaming-l
ooks-to-acquire-cryptologic). Cantech Newsletter. 1 January 2012. Retrieved 17 December 2012.

External links
QT Inc. Website (http://www.qtinc.ca/)

Retrieved from "https://en.wikipedia.org/w/index.php?title=Mark_Rivkin&oldid=792540081"

https://en.wikipedia.org/wiki/Mark_Rivkin 2/3
8/17/2017 Mark Rivkin - Wikipedia

This page was last edited on 27 July 2017, at 03:46.

Text is available under the Creative Commons Attribution-ShareAlike License; additional terms may
apply. By using this site, you agree to the Terms of Use and Privacy Policy. Wikipedia is a registered
trademark of the Wikimedia Foundation, Inc., a non-profit organization.

https://en.wikipedia.org/wiki/Mark_Rivkin 3/3