Headlines: more licenses and more licensed products = $$
CryptoLogic Reports Profit and Revenue Growth in 2011
DUBLIN, IRELAND--(Marketwire - March 8, 2012) - CryptoLogic …a developer of branded online betting games and Internet casino software…. Branded Games revenue increased 25% to $6.9 million in 2011 (2010: $5.5 million), accounting for approximately 25% of total revenues (2010: 21%). In Q4 2011, revenue from this segment increased to $1.9 million (Q3 2011: $1.4 million). The increase in Branded Games revenue is primarily due to the increased number of revenue producing games through an increased number of licensees and games per licensee.