NEW YORK - CryptoLogic Ltd., which makes Internet gaming software, said Tuesday its fourth-quarter profit more than doubled on sales of new casino games .

The Toronto-based company earned $4.3 million or 36 cents per share compared with $1.7 million or 12 cents per share in the 2006 fourth-quarter.

Sales rose 7 percent to $20.4 million from $19 million in 2006. Online casino revenue rose to $14 million from $10 million while online poker revenue fell to $4.6 million from $6.7 million.

Analysts polled by Thomson Financial expected profit of 21 cents on sales of $18.6 million.

The company said casino growth was partly due to its newest lineup of casino games launched in October and to the launch of its Spider-Man and Fantastic Four online slot games in December.

Operating expenses fell to $12.7 million from $14.2 million in 2006.

For the 2007 fiscal year, profit plunged 77 percent on the U.S. prohibition on Internet gaming that began in October 2006.

The company earned $5.7 million or 47 cents per share compared with $24.8 million or $1.83 per share in 2006. Sales fell 29 percent to $73.7 million from $104 million.

Cryptologic (nasdaq: CRYP - news - people ) shares rose 94 cents, or 6.4 percent, to $15.63 in morning trading.