CryptoLogic Continues as an Industry Leader
CyptoLogic is a company synonymous with innovation and success in the online
casino and online poker industry. Though CyptoLogic started out as a business
primarily servicing the United States with online poker networking and diverse
online casinos, in recent years the lack of stability in the online casino and
online gambling in the United States has allowed CyptoLogic the opportunity to
expand the business into Europe and other parts of the world.
CyptoLogic’s success is in large part due to the leadership of former CEO and
President Lewis Rose. Once Rose decided to shift the company’s base of
operations out of the United States and into Europe, Rose was responsible for
the lasting international partnerships the company now relies upon. These
partnerships are what launched CyptoLogic and their online casino offerings into
the international market, making the company a top name in the industry. Some of
these partnerships have included both William Hill and the Playboy and Holland
Casino.
In the last decade Rose was also responsible for increasing CyptoLogic’s market
capitalization exponentially from CDN $92 million to CDN$400 million a little
more than a decade. Naturally, as Rose’s expansion into online casinos in Asia
paid off, CyptoLogic also saw a dramatic increase in profits.
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