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Cryptologic Thriving from Online Poker

For a glimpse into the red-hot world of online gambling (and, particular, poker) Cryptologic Inc.'s results are a fairly good indicator. The Toronto-based company, which makes online gambling software, posted better-than-expected profits and revenue in the second-quarter. Online poker fees from its WagerLogic unit, which account for more than 30% of the company's sales, rose nearly 180% from last year.

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