Casino News: Cryptologic continues to grow

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Cryptologic continues to grow

 March 19, 2008, 8:30 am (6 months ago)
Dublin-based online casino platform provider Cryptologic reported to continue the growth in revenue and earnings for the fourth quarter ending December 31, 2007, ahead of the company's guidance and market expectations.

The online casino pioneer posted fourth-quarter revenue of $20.4 million and net earnings of $5.0 million this week, delivering net earnings of $4.3 million. CryptoLogic's guidance, announced in November 2007, forecast revenue up to $18.5 million and net income between $2 million and $3 million for the quarter.
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