Continuing its recent recovery, online casino and games developer CryptoLogic Limited has reported an 18 per cent increase in total revenues to US$7.2m for the third quarter of 2011, following growth from the company’s hosted casino offering.
Revenues from CryptoLogic’s hosted casino product increased by 16 per cent year-on-year to $6.5m, including $0.9m relating to a reanalysis of jackpot provisions. Hosted casino revenues were also up 14 per cent compared to the previous quarter.
Branded games revenues [...]
