Games for Online Casinos Released
The online casino gambling industry thrives on new games – gamblers are
constantly looking for the gambling sites that hold licenses with the top
software development companies because of the number of new games that are
regularly released. CryptoLogic stands at the top of the heap as the software
development company continues an amazing level of productivity right now despite
the fact that revenues and profits are much lower than anticipated. CryptoLogic
is not the only company regularly releasing new games for the online casinos
though, the other big names on the software development side, Microgaming,
Playtech, and others are all similarly looking for ways to keep their market
share and regularly release new slots and casino game titles.
Interesting is the fact that the number of new online casino games released does
not directly correlate to the success for the gambling group. CryptoLogic’s
recent report shows that the company really upped the anti this year by
releasing 51 branded games in Q2 alone. This number is huge and even the other
giants have a hard time developing and releasing that many high quality games.
But even with CryptoLogic regularly releasing new games to licensees the company
has seen some alarming declines in profitability that the other online casino
software development companies are not experiencing.
Microgaming, Playtech, and the others have reported some of their strongest
results in years so far this year because of a lot of growth within the market.
These companies are consistently performing well and the year-on-year growth is
right in line with industry expectations. CryptoLogic is under-performing right
now and there is no clear reason why this is happening. |