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32Red Casino Full Year gross win of GBP 12.8 million posted
1/18/10 - It appears that the disappointing performance of the Gibraltar-based online casino group 32Red in the first half of 2009 is a thing of the past, with the company reporting a better second half to post a 2009 FY gross win of GBP 12.8 million - still down 1.6 percent on the 2008 numbers, but a creditable turnaround on the year, given the dismal global economy.
Looked at against the backdrop of the first half of 2009, the turnaround is impressive, with gross win up 18 percent in the second half.
CEO Ed Ware recalls that during the year his company was obliged to start copyright litigaton against William Hill plc in regard to its launch of an online casino branded 32Vegas. Following the action, William Hill Online withdrew the Playtech-powered brand, replacing it with a less provocative offering.
32Red's online casino brought in the bulk of the year's gross win at GBP 11.5 million, just 1.7 percent down on the same period in 2008.
The group’s flagship 32Red online casino generated gross win of GBP 11.5 million for the year, 1.7 percent down on the GBP 11.7 million recorded in 2008. The popular casino boosted revenues by 21 percent in the second half of 2009.
The company will invest more in marketing in 2010, Ware revealed, and would be pushing the newly launched sports betting service it has introduced on the iBroker platform furnished by Global Betting Exchange.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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