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CryptoLogic calls in help to stem revenue decline

15th July 2010 7:44 am GMT

Online casino games developer CryptoLogic Limited has called in an independent consulting firm to undertake a review of operations following a fall in second quarter earnings, with the company stating that the outlook for the year is now "much less encouraging than at the time of the Q1 results announcement".

In a trading update Thursday, CryptoLogic said second quarter earnings are expected to show a slight decline over the first quarter while total costs will be [...]

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