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ONLINE GAMBLING FIRM ENJOYS HIGHER PROFITS

02/20/05 - LexisNexis

Topic 1 The Brockville Recorder and Times (Ontario)ONLINE GAMBLING FIRM ENJOYS HIGHER PROFITSFebruary 19, 2005 SaturdayBY CPCryptoLogic Inc.'s move to capitalize on the demand for online poker has "paid off in spades," the Internet casino and poker software firm said Friday as it posted a 25 per cent gain in quarterly profits, increased revenues by a third and saw its stock rise more than 10 per cent.The Toronto-based online gambling company, which reports its results in U.S. dollars, said it made $3.8 million, or 27 cents per share, in the three-month period ended Dec. 31.

                                                                                                                        

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