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32red Revenues H1-2016

32RED ONLINE CASINO REVENUE UP 63 PERCENT IN H1-2016
 
Record high in net gaming revenue achieved by Gibraltar-based online gambling group.
 
The 32Red online gambling group posted its H1-2016 numbers Friday, reporting record net gaming revenue at GBP 30.4 million - up an impressive 63 percent year-on-year. Other metrics recorded by the group included:
 
* Online casino division revenue up y-o-y 24 percent at GBP 21.2 million;
 
* Revenue from other verticals up 223 percent at GBP 2.3 million;
 
* Good growth in the Roxy Palace business acquired in July last year, with the brand the brand contributing GBP 5.8 million during the half-year;
 
* Mobile remained the fastest growing vertical in terms of both both revenue and new player acquisition, with revenue up 45 percent year-on-year and delivering more than half overall revenues;
 
* Italian operations flourished, with revenue growing 33 percent year-on-year at GBP 1.1 million;
 
* Strong organic growth in the groups core business - up 32 percent to GBP 23.5 million.
 
Group CEO Ed Ware said that investment in accelerated, returns-oriented marketing and a focus on delivering organic growth had contributed to the successful half-year, and that the company was looking for further relevant and value-contributing acquisitions.
 
“These results reflect the core strengths of the business: our strong brands, first class customer service and marketing expertise," Ware onserved, adding:
 
“32Red is in excellent health with a number of exciting opportunities ahead. We have a focused strategy to deliver continued organic growth as well as potential acquisition opportunities and we continue to look to the future with confidence."

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Gambling News :

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

Secret Symbol Slot - RTG will soon release 'Secret Symbol', a 5 Reel Video Slot on 3/15/2017.

Microgaming is set to release three exciting new games in March - Pollen Party will literally have players buzzing with excitement as the ground-breaking, 720 way variable reel online slot is brought to life in a unique honeycomb reel layout.

NBA Odds: Resurgent Clippers Face Warriors in Oakland - After a much-needed lineup shuffle, the Los Angeles Clippers (29-27 SU, 35-21 ATS) carry a four-game SU and ATS winning streak into Thursday’s game against the best team in the NBA, the Golden State Warriors (47-9 SU, 27-27-2 ATS). Tip-off is at 10:30 PM ET on TNT.

NBA Odds: New-Look Pelicans Host Rockets on Thursday - The New Orleans Pelicans just hosted the All-Star Game and saw their very own Anthony Davis win the MVP. But the celebration was brief because the next day, the Pelicans made a huge trade,

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republic’s new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

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