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Playing To Win
VAST MARKET CryptoLogic is a world-leading software provider to the US$12 billion global e-gaming market, which represents just 5% of the total gaming market, worldwide. By 2010, e-gaming is expected to grow 100% to US$24 billion, a great indication of the vast potential ahead and still only 7% of the total global gaming market*!
DISCIPLINED STRATEGY CryptoLogic’s financial results and growth are driven by these core strategies:
Game Innovation Continue to lead the market with innovative casino and poker products that help our customers grow organically and profit from the games their players want to play.
New Customers Aggressively pursue new poker licensees to enhance the liquidity of the poker network. Continue to pursue “blue-chip” brands to build the online casino business.
Control and Optimize Expenditures To optimize profits in a global market that now excludes the US, CryptoLogic is further enhancing control and optimization of all discretionary operating and capital expenditures.
Strategic Acquisitions Aggressively pursue strategic, accretive acquisition opportunities to accelerate the advancement of the company's strategies. Acquisition opportunities have multiplied since the new US law, and the company will continue to evaluate new and existing prospects.
Expand in Asia CryptoLogic will continue to build its European leadership position in the near-term and grow its presence in Asia to become a leader in this large, emerging market.
PROVEN PERFORMER CryptoLogic plays to win. And we’re coming up aces: a decade of revenue growth, consistent operating profits, cash generation, a strong balance sheet and solid margins. In 2005, we grew revenue by 35%, earnings by 50% and diluted earnings per share by 45%. Our success is global. Our software has processed over US$50 billion in wagers, and is a source of great entertainment for over 2 million players worldwide.
Please review our latest Fact Sheet.
*Source: Global Betting and Gaming Consultants December 2005
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