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Poker in the News

all the poker news that was fit to print

Wednesday, December 08, 2004

 

Ante up on Poker Stocks

Analysts love Toronto-based Cryptologic, which runs the fourth biggest network of online poker sites. Last month Cryptologic beat analysts' expectations for the third quarter with earnings of $2.9 million USD, up 32% from last year.

Cryptologic is the software behind poker sites such as Intercasino, William Hill, Caribbean Sun Poker, and Poker Plex. The Cryptologic sites tend to have one of the highest rakes (money the house takes from every pot) and worst cash-out policies of all the online poker rooms.

Analysts might like Cryptologic--- but if you're a poker player, it's not your best bet.
National Post

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