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32Red : Record revenues claimed by online gambling group
Thursday July 21,2011 : Record revenues claimed by online gambling group
Internet gambling group 32Red.com has published its first half 2011 results summary, showcasing record revenues with total Gross Win up 42 percent to GBP11 million (2010: GBP 7.8 million) in the first six months of 2011.
Management says that the performance is particularly pleasing in light of strong H1 2010 comparative figures that were, in turn, 33 percent ahead of H1 2009. Consequently, revenues in the first half of 2011 are 89 percent ahead of those recorded in the same period back in 2009.
Casino performance highlights include :
· Gross Win (revenue) GBP 9.5 million, up 41 percent on 2010
· Active casino customers 21,745 up 12 percent on H1 2010
· Casino player yield GBP 438, up 22 percent on H1 2010
· New Casino players 13,901, up 13 percent on H1 2010
Commenting on the performance, Ed Ware, CEO of 32Red, said: "This exceptional year-on-year growth is particularly pleasing given the strong trading experienced during the comparative period. Our marketing has become more effective and has yielded encouraging results. We will build investment in this area throughout the remainder of the year.
"32Red was delighted to have renewed the sponsorship of Swansea City Football Club for a further three years in February, and we congratulate the Club on promotion to the Premier league.
"While the focus remains in the UK, the Board continues to monitor developments in Europe."
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MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
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