The Candian online gambling software developer reported its third-quarter profit jumped 80 per cent to $5.1m as revenue rose 35 per cent $21m fuelled by strong growth from existing casino and poker licensees.
“CryptoLogic remains a model of consistent performance, even in fast-changing times for the industry,” said Lewis Rose, CryptoLogic\’s President and CEO.
“For CryptoLogic, it\’s all about delivering innovative games to selected blue-chip customers in the world\’s most lucrative markets for Internet gaming. CryptoLogic\’s diversified, disciplined strategy and its trusted reputation as a long-standing public company are delivering excellent results. This quarter\’s casino revenue was up 12% and poker fees grew 89% over last year.”
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