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Cryptologic Announces Highlights for 2006

Cryptologic has announced that they have not only increased their revenue and earnings from 2005, but that they expect 2007 to be even better than 2006. Their 2006 highlights are:

• Launched: PlayboyGaming.com’s poker site
                 Sites for Betsafe and Parbet
                 DTD Poker with three year contract
                 William Hill’s Spanish Poker site
                16 New casino games including slot machines based on Marvel characters
                24 New non downloadable casino games

• A renewed contract with William Hill for three years
• Signed exclusive deal with Holland Casino for both poker and casino software
• Signed memorandum of understanding with Brilliance Technology Co. and 568 network to provide new and older games for the Chinese market
• Bought Parbet.com, and licensed them to private Maltese online gaming operator
• Awarded Gambling Online’s Top Casino Software Award for second consecutive year
• Redesigned their poker software to make it more accessible for their players
• Opening new executive headquarters in Ireland
• Hiring new CEO to take charge after Ireland office is established

The company is also planning on growing their revenue and earnings by at least 20% each year; getting double digit revenue growth in slot machine casinos and poker; and finally get at least20% net margin and return on equity.

 

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