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32RED LAUNCHES INTO ITALIAN ONLINE GAMES MARKET
11/29/2012 : 32RED LAUNCHES INTO ITALIAN ONLINE GAMES MARKET
Has the skill to thrive in a larger company-dominated market
The soon-to-kick-off AAMS-regulated online slot market has seen respected online brand 32Red launch its casino table game offering on an Italian localised website at 32Red.it under a remote gambling licence from AAMS.
The company expects to launch its core slots portfolio from December 3, 2012, followed shortly by bingo, poker and mobile casino
Italy's online gambling market is banking on getting a boost with the introduction of online slot games which it hopes will revive and invigorate flagging revenues which were reported as 11 percent down in August 2012.
Other developments to inject new life into the market will see other forms of gambling that include exchange betting and fast-format poker games offered to Italian customers in the future.
Numis analyst Ivor Jones believes 32Red is well aligned to take advantage as a front runner in the market saying its UK performance shows it has the skills to thrive in a market dominated by larger companies.
“Not all of its competitors have cleared all the regulatory hurdles required to start offering slots from Monday morning. But 32RED has ticked all the boxes, hired Italian staff and prepared its online marketing strategy so that it can hit the ground running."
In a statement to the stock market Thursday, Ed Ware, chief executive of 32Red said: "We are very pleased to be one of a relatively small number of online casino operators fully approved to trade in Italy.
“We believe the market there provides a great opportunity for us to establish a new and regulated income stream for 32Red especially with the imminent introduction of Slots. Our Italian team has been hand-picked and it is ready to extend our reach and excellent reputation into Italy.''
Oink Country Love Slot Launches -
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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.
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