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32Red Record results for third consecutive year

Wednesday January 23, 2013 : STERLING RESULTS FROM 32RED
 
Record results for third consecutive year
 
Well-respected online gaming firm 32Red Plc has delivered its third consecutive reporting period of record total annual revenues and a strong increase in new players.
 
Key performance indicators for the 2012 fiscal period include:
 
-   Total revenue up 28 percent to GBP 32.1 million in 2012
 
-   Casino revenue of GBP 28.7 million (2011: GBP 21.8 million)
 
-   Active players increased to 57 338 (2011: 39 687)
 
-   New players up a strong 52 percent to 41 918 (2011: 27 648)
 
32Red said it was encouraged by initial results from its newly launched Italian operations and would develop the brand further in the country while general current trading is strong and the firm remains confident of the Company's prospects in the year ahead.
 
Gross Win for the first twenty-one days in January was reported up 15 percent on an exceptionally strong corresponding period in 2012 that benefitted from significant promotional activity.
 
Commenting on the performance, Ed Ware, chief executive officer of 32Red, said:
 
"32Red has enjoyed another strong year of revenue and profit growth, driven by new player recruitment and our focus on the delivery of exceptional levels of service and entertainment to casino players. 
 
"Initial trading from our Italian casino is encouraging and supports our confidence in the longer term opportunity. As ever, we continue to monitor other regulatory developments around the world."



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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