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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 :

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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