Online Casino Company on the Move
AsianLogic is one of the brightest stars in the Asian Pacific online casino
gambling industry. The company has flourished through strategic partnerships
with European based internet gambling companies coupled with the surge in global
interest in the Asian-Pacific market as the next major gambling market for
internet gambling. The latest news from AsianLogic indicates that the land and
online casino gambling group not only turned over a positive second quarter, but
has also appointed a new CEO to help the company expand even further in the
coming years.
The Q2 results really come as no real surprise, the land and online casino
gambling group has a stronghold in the market and is benefiting from the slowly
opening Asian internet gambling industry. Notable in the Q2 report is the fact
that average daily turnover at the company’s online casinos rose 34 percent over
the previous quarter. This growth trend leads industry analysts to predict that
the company will continue to experience huge growth throughout the rest of the
year. As for AsianLogic, the company notes that while it predicts a slight slump
in internet gaming revenues throughout the rest of the year it will not actually
affect the company’s bottom line and financial security.
Onto the other news, Tom Hall, who currently serves as the Executive Vice
Chairman and founded the company will now also act as the CEO for AsianLogic.
The former CEO, Christopher Parker is actually leaving his position as CEO to
move into a chief executive position at the Asian Poker Tour. |