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32Red does it again with a keen H1-2012 performance

Tuesday August 7,2012 :  RECORD REVENUES FOR ONLINE CASINO
 
32Red does it again with a keen H1-2012 performance!
 
The Gibraltar-based online gambling group 32Red has announced record-breaking revenues throughout the first half of 2012, its sixth successive 6 month period of record-breaking success.
 
Flagship operation 32Red Casino posted overall revenues of GBP 14.5 million, up 52 percent on the same period last year. Gross win for the 20 days leading up to the 20th July 2012 was, in addition, up by 28 percent on the corresponding period in 2011. This current performance is likely to see 32Red post revenues that are ahead of the current market expectations for 2012.
 
Adding to its success, 32Red has seen 18,724 new players join the online casino. This gave the casino a total of 31,722 active customers during the first half of 2012 - an 81 percent increase from the same period in 2011.
 
Online poker revenue reached GBP 600,000 in H1-2012 the first six months of 2012, unchanged from the previous year, but up 20 percent from the GBP 500,000 earned in the second half of 2011. In the full year 2011 32Red's poker revenue increased 15  percent to GBP 1.06 million on the 2012 figure.
 
Commenting on the performance, Ed Ware, CEO of 32Red, said:
 
"The continued growth in revenues, particularly in light of strong comparatives, is testament to the strong new player recruitment resulting from more investment in our main market, the UK. We aim to continue in this regard as well as taking our first measured steps in entering the Italian market.
 
"While we recognise the potential for economic and regulatory uncertainty across Europe, we look forward to further progress during the second half of 2012."
 
The Group will announce its full interim results on Wednesday, 5 September 2012.



Gambling News :

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

Microgaming named in The 10 coolest offices of 2017 - Microgaming named in The 10 coolest offices of 2017 Microgaming’s new HQ has been named in ‘The 10 coolest offices of 2017*’ in the UK, featuring alongside some of the biggest consumer brands.

$75K Win on Mobile Slot @ CafeCasino - Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.

Microgaming’s The Phantom of the Opera online slot live today - Available to Microgaming and Quickfire operators, The Phantom of the Opera online slot goes live Wednesday 1 November 2017.

2017 Punta Cana Poker Classic Results - The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.

NHL Odds: Winnipeg Jets vs. Minnesota Wild - Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.

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