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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.
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$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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