June 16 - One of the oldest online casino software providers, CryptoLogic,
has had its application for a London Stock Exchange listing approved. The group
is already listed on the Toronto and Nasdaq exchanges...
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Omnicasino.com |
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The restructuring of the company will see it now operating under the
jurisdiction of the channel Island of Guernsey, with its headquarters still in
Dublin, Ireland.
90% of the group's current revenues are from its U.K. and continental
European licensees, two of the biggest markets in the industry. CryptoLogic 's
software has passed strict testing in the jurisdictions where its operators are
licensed.
The new European base is located closer to the group's customers and is part
of the group's expansion plans into Europe and Asia.
It has been confirmed that all shareholders of CryptoLogic Limited and
CryptoLogic Exchange Corporation will retain one-for-one voting rights,
regardless of where they reside.
A great Cryptologic powered casino is
Omni Casino
(read our
Omni Casino Review). US players
can unfortunately not play at any
Cryptologic casinos.
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