03:46 PM EST - CryptoLogic Ltd. : said it expects second quarter total revenue to show a slight decline over first quarter and anticipates total costs to be greater than expectations. As a result, the company expects higher operating loss in second quarter compared to last quarter. CryptoLogic added that its outlook for the year is much less encouraging than at the time of the first quarter results announcement. CryptoLogic Ltd.
shares T.CRY are trading down $0.38 at $1.89.
