Leading online roulette provider produces good Q3 figures

Leading software providers of online roulette has interesting Q3 figures

Together with Playtech and Microgaming Cryptologic dominates the market, and provides turnkey solutions for the online casino world. The boom in internet gambling recently experienced more stringent regulations in major markets like the United States and a general global economic downturn, so the casino software provider that was founded in 1995 in a basement, this year a significant cost-cutting and restructuring program announced. These effects are clearly evident in the recently released Q3 figures.

Branches in Cyprus and London were closed down and moved to Malta. Management changes were implemented in an even added aggressive manner, and this resulted in a reduced operating expenses by impressive 20% from Q2 to Q3 – Total costs decreased from $ 20,200,000 to $ 9,900,000. One has still the 4th Likely to wait until quarter to be able to assess fully the impact of restructuring, but the massive cost-cutting have made of Cryptologic, a leaner company in the major casino software market. What also made ​roulette strategy ​news is the loss of revenue for Cryptologic, with a declining overall sales of 10% from Q2 to Q3 (from $ 6,700,000 to $ 6,100,000) was.

Rightly regarded as one of the “big boys” on the online roulette and online casino market area, Cryptologic sets with more than 300 games of his roulette online casino suite, especially to more innovation. With the recently announced Premier Microgaming Roulette of the leading competitor, which offers a 3-wheel and adjustment, as well as other new roulette games, CryptoLogic can not afford to, not also follow suit with new ideas …. especially at roulette.

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