The share price for Cryptologic Limited has risen dramatically since the online casino games developer announced two weeks ago that it was undergoing a strategic review and rumours are now circulating that Canadian firm Amaya Gaming Group Incorporated could be about to swoop.
Cryptologic appointed Deloitte Corporate Finance as its financial adviser late last month following a 35 percent year-on-year drop in total revenues to $26 million and is now facing a number of options including the possible sale of part or all of the business.
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Cryptologic appointed Deloitte Corporate Finance as its financial adviser late last month following a 35 percent year-on-year drop in total revenues to $26 million and is now facing a number of options including the possible sale of part or all of the business.
read entire article here