Online Casino software developers claim to be loosing part of their revenue in third quarter
October 19th, 2009Author: Yvonne Egger
Several biggest Software developers for online casino houses are said to be experiencing bad times with few investors to support them as the year is coming to an end. They officially stated that inevitable decline in profits this quarter will cause damage to their inner structure and though the situation is not all that bad the profit is much less than they had in November last year.
Party Gaming was the first to announce the sad news about their budget. The second participant of the looser race might appear to be Cryptologic which created the famous Marvel Collection of slots.
Despite the fact that Cryptologic faces hard times they are not giving up and declare that every other company faces bad times but in the future they plan production growth and hope for the beneficial cooperation with a pair of popular online gambling houses.
October 20th, 2009 at 2:03 am
I think online casino developers just need to hold on as things will get better. The online gambling industry is picking up, despite the recession.