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Bingo Software Developer’s Winning Future

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CryptoLogic, the Online gambling software developer and popular choice of many UK online bingo operators and online bingo halls, has received a huge boost from a UK financial publication.

The “Motley Fool” is predicting up to 30% growth over the next five years following the companies posted fourth quarter earnings that have tripled to 36 cents a share.

CryptoLogic’s steady cash flow is the main reason stated that the company should see growth, with the US legal situation also said to be of benefit to them. Currently, non-US online bingo operators are restricted from taking payments from US-based bingo online players.

Motley Fool also believes CryptoLogic’s pursual of a diversification strategy, focusing on developing Asian and European markets will contribute to CryptoLogic’s future growth.

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