The highly successful online casino and poker room software
manufacturer, CryptoLogic, has now become even more successful with
their amazing third quarter profit gain of over 75%. In American
revenue alone, the company reported a 35% gain in third quarter revenue
to the tune of $21 million. The companies CEO, Lewis Rose,
commented that even though much of this gain was due to their increased
presence in the online poker market, the company still remains dedicated
to the best online casinos, and the online casino industry in general.
The reason for this is largely due to the fact that poker is more
caustic and fluctuating than the consistency of online casino gambling.
The increase in revenue from poker alone was up by nearly 90%, while
casino take was up by 12%. The jump in poker was due to the wave
that is riding that initial poker craze a few years back, which
surprisingly, still continues to grow. However, most gambling
analysts are predicting that it will subside in the coming years, while
online casino gambling will remain rock strong.
Figures are already beginning to show that online poker players are
beginning to venture into the online casino to give their time spent
gambling online a little more spice. For those who play online
poker on a consistent basis, it is probably all too familiar how boring
hour after hour of endless betting rounds and waiting for nine other
poker players to make their decisions can become.
As for CryptoLogic, they are putting stock into developing new casino
games, such as their most recent batch of Super Hero Marvel Comic online
slot machines. The trend is looking the same elsewhere, as
evidenced by Playtech casino software's new development of online games
such as bowling and soccer.