Tue, May

Asian Logic Posts Excellent Half Year Results


Thanks to tremendous growth in its online casino brand, Asian Logic has reported a massive 208% increase in total revenues for the first half of 2008, ending June 30th. Net profits rose to a round $6 million – an increase of 119%.

Casino revenues make up the bulk of Asian Logic’s total revenues – 91%, accounting for $47.4 million. The company noted that this was an increase of 184%.

The CEO of Asian Logic, Tom Hall said: “Asian Logic continues to grow organically and through acquisition. During the period we have made several important strategic acquisitions and investments. We are adapting to and driving market trends through the expansion of our poker and P2P business and foresee that acquisitions such as the Asian Poker Tour and its successful roll out will continue to raise the profile of this renowned card game and benefit Asian Logic’s shareholders.”