4-Oct-06. U.S. law prods CryptoLogic to place its bets elsewhere. Globe and Mail, B13.

The board of directors at CryptoLogic Inc., one of Canada’s fastest growing software firms, made a decision this week to turn its back on the United States online gambling market. The move came shortly after the U.S. Congress passed legislation on the weekend that forbids Internet gambling companies from accepting U.S. financial transactions. CryptoLogic will now configure its software so that none of the companies licensing its technology will be able to take bets from players with U.S. addresses.