The firm to release second quarter results on August 12
CryptoLogic expects poor quarterly financials
2010-07-21
Reading time 20 seg
However last week, the Internet gaming developer said that they do not expect to release favorable results for much of 2010.
“Despite the World Cup, casino revenue showed a modest gain quarter on quarter but was lower than anticipated due to a substantial swing in player preferences for blackjack and roulette,” although wagering and deposit levels are holding steady.
Furthermore, CryptoLogic said that the launch of its full suite of casino games at Betsafe has been delayed until later this month, further effecting second quarter results.
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