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UIGEA’s effect on Cryptologic Q4 profit

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cryptologic TORONTO — Gaming software producer CryptoLogic Inc. said Thursday its fourth-quarter profit dropped 70.6 per cent to $1.7-million (U.S.) in its first report reflecting financial performance since the U.S. government declared a ban on online gambling. The quarter was hit by $1-million in reorganization costs for the shift of its headquarters to Ireland. However, CryptoLogic [...]
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