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CryptoLogic Limited Message Board

  • invest879 invest879 Mar 29, 2007 11:33 AM Flag

    News Cryptologic Online Poker to GROW 20% every year next 20 years!!

    Get on the money train

    Here is link to article with Steve Taylor from Cryptologic just out a hour ago on google news:

    http://www.informationweek.com/news/showArticle.jhtml;jsessionid=KP2PP0Z1A4FSYQSNDLRCKH0CJUNN2JVN?articleID=198700819&pgno=5&queryText=

    says Taylor, who says he expects online poker to grow at a 20 percent compound rate over the next 20 years, and casino operations at 12 percent!!!!!!

    You got be total nut case sell now just before all the new huge CRYP licensee start to send trafic, DTDpoker.com, holland Government poker and casino, William Hill spain, and, playbuy casino.

    Here is what Steve Taylor from Cryptologic just said in news article just out on google news:

    Steve Taylor, chief financial officer of Cryptologic. "For that reason, years ago we started focusing more on Europe and other global markets."

    Business is good: Cryptologic recently signed deals with Playboy Enterprises as well as the government of the Netherlands to help them develop casino and poker sites. "We pride ourselves on being a legitimate player," said Taylor.

    Indeed, Cryptologic just reported its strongest fiscal year ever, with revenues up 21 percent over 2006. Future growth rates look robust, says Taylor, who says he expects online poker to grow at a 20 percent compound rate over the next 20 years, and casino operations at 12 percent.

    "As broadband and e-wallet solutions become more available and acceptable, we believe we can meet or exceed those numbers. We are very bullish on the industry," says Taylor, who points out that currently only five percent of revenues for the total global gambling market come from online activities. "We think there's an awful lot of room for growth even without the U.S. market," he added.

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    • It will be interesting with all the major new CRYP licensee soon joinning think we will be more like 30% a year.
      I dont see anything out there that has better future than CRYP has and same time so undervalued a stock as CRYP is right now.

      >>>20% growth every year next 20 years!!!)

      Steve Taylor chief financial officer of Cryptologic from CRYP said:

      he expects online poker to grow at a 20 percent compound rate over the next 20 years!!!

      "As broadband and e-wallet solutions become more available and acceptable, we believe we can meet or exceed those numbers. We are very bullish on the industry," says Taylor, who points out that currently only five percent of revenues for the total global gambling market come from online activities. "We think there's an awful lot of room for growth even without the U.S. market," he added.<<

    • 20% growth every year next 20 years is perfect for me!!

      >>I also like Steve Taylor chief financial officer of Cryptologic from CRYP said:

      he expects online poker to grow at a 20 percent compound rate over the next 20 years!!!

      "As broadband and e-wallet solutions become more available and acceptable, we believe we can meet or exceed those numbers. We are very bullish on the industry," says Taylor, who points out that currently only five percent of revenues for the total global gambling market come from online activities. "We think there's an awful lot of room for growth even without the U.S. market," he added.<<

      Online gambling is the future and CRYP with all new licensee
      soon joinging, is going be market leader and one strong money making baby.

      interesting months coming

    • 20% growth every year next 20 years is perfect for me!!

      >>I also like Steve Taylor chief financial officer of Cryptologic from CRYP said:

      he expects online poker to grow at a 20 percent compound rate over the next 20 years!!!

      "As broadband and e-wallet solutions become more available and acceptable, we believe we can meet or exceed those numbers. We are very bullish on the industry," says Taylor, who points out that currently only five percent of revenues for the total global gambling market come from online activities. "We think there's an awful lot of room for growth even without the U.S. market," he added.<<

    • The online industry will grow. And many firms in the online industry are already widly profitable. But NOT all online companies are going to make it... In CRYP's case it would appear that future profitability relies on tossing out what has already been done and starting with 3rd party software...

      They might make but they then again there might be a few speed bumps... remember the days when every online poker site was growing to handle the traffic and each took their turns at having stability issues. Sounds like the new CEO wants to run that path again... :)

    • 20% growth every year next 20 years!!
      I also like Steve Taylor chief financial officer of Cryptologic from CRYP said:

      he expects online poker to grow at a 20 percent compound rate over the next 20 years!!!

      "As broadband and e-wallet solutions become more available and acceptable, we believe we can meet or exceed those numbers. We are very bullish on the industry," says Taylor, who points out that currently only five percent of revenues for the total global gambling market come from online activities. "We think there's an awful lot of room for growth even without the U.S. market," he added.

    • Smart move getting more. I am fixin' to reload also.

      Cryptologic has been very, very good to me.

      I also played on their site(s). Good casino software, the poker software was only so-so. They should get more poker games like Razz and Stud Eight or Better. Full Tilt and Poker Stars are better poker sites.

      Any dips for CRYP, I am fairly positive will be short-term. Long term prospects for Cryptologic are good. I like the cash position and their balance sheet. Their non US operations are solid. Their growth (even barring U.S. operations) is ....exceptional! If the democrats don't repeal the gambling law this time, it'll be on the agenda again and again until it goes through.

      In fact, the best thing would be for the gambling law repeal to be tabled, Cryptologic stock takes a big hit, and smart buyers move in. Oh please.

      Once the law is repealed, U.S. casinos might want to buy into the action by taking over an established Internet gambling company. (Since they were the pricks who lobbied for the law in the first place).

    • Its going be a very good earnings.
      Just read again what Steve Taylor, chief financial officer of Cryptologic said in article few weeks ago and he should know better than anybody how things going:

      Steve Taylor, chief financial officer of Cryptologic. "For that reason, years ago we started focusing more on Europe and other global markets."

      Business is good: Cryptologic recently signed deals with Playboy Enterprises as well as the government of the Netherlands to help them develop casino and poker sites. "We pride ourselves on being a legitimate player," said Taylor.

      Future growth rates look robust, says Taylor, who says he expects online poker to grow at a 20 percent compound rate over the next 20 years! and casino operations at 12 percent.

      "As broadband and e-wallet solutions become more available and acceptable, we believe we can meet or exceed those numbers. We are very bullish on the industry," says Taylor, who points out that currently only five percent of revenues for the total global gambling market come from online activities. "We think there's an awful lot of room for growth even without the U.S. market," he added.


      Investigate and look at the facts and then buy all you can.

    • Yes its just a matter of time before we get next new licensee.

      Lets see if it is one more goverment one or "just" a big one.

    • More to Come.

    • Good info buying

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