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32RED REPORTS BUMPER H1 2012

Monday July 23,2012 : 32RED REPORTS BUMPER H1 2012
 
Record revenues and strong customer recruitment
 
Online betting and gaming operator 32Red PLC delivered strong H1 2012 results for the period ending June 30, 2012, announcing both record revenues and customer recruitment numbers.
 
The company’s latest results mark its sixth successive 6-month period of record revenues.
 
Key Performance Indicators include:
 
-     Casino Performance from flagship operation, 32Red Casino:
 
      -     Gross Win (revenue) GBP 14.5 million, up 52 percent on 2011
 
      -     Active casino customers of 31 722 up 81 percent on H1 2011
 
      -     Casino player yield GBP 457 (H1 2011: GBP 543)
 
      -     New Casino players 18 724, up 93 percent on H1 2011
 
      -     Casino cost per acquisition: GBP 166 (H1 2011: GBP 173)
 
 Ed Ware, chief executive officer of 32Red, commenting on the results, 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.
 
“We look forward to launching 32Red.it during the second half of the year and welcome the recent decision by the Italian authorities to commence the procedures to approve online slots games from December 2012 onwards.
 
"While we recognise the potential for economic and regulatory uncertainty across Europe, we look forward to further progress during the second half of 2012.''



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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