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32red 2014 half year numbers

Wednesday July 23,2014 :  32RED GROUP REPORTS ANOTHER RECORD PERFORMANCE
 
H1-2014 has all the indicators pointing in the right direction.
 
The UK online casino and sportsbetting group 32Red has posted another record set of half-year numbers for the period ended June 30 2014, highlighting the following year-on-year advances:
 
* NGR up 20 percent to GBP 15.2 million - GBP 14 million from the casino business and GBP 700,000 from other sources;
 
* GGR up 19 percent percent at GBP 22.6 million;
 
* Casino operations contributed GBP 20.7 million of total GGRgross gaming revenue, up 19 percent (H1-2013 GBP 17.4 million);
 
* GBP 800,000 generated from sports and other sources;
 
* Increase in active online casino customers to 50,890, a rise of 20 percent;
 
* New online casino player registrations up 35 percent at 23,566;
 
* Mobile revenues now produce 32 percent of overall GGR - well up on H1-2013's 17 percent;
 
* Player acquisition costs per head up at GBP 180 due to marketing costs (H1-2013 GBP 159);
 
* Average player yield slightly up at GBP 400 (H1-2013 GBP 398)
 
* Italian online casino GGR up 130 percent to GBP 1.05 million;
 
* Italian online casino NGR up 94 percent to GBP 510,000;
 
* Italian active players on the rise at 5,793 (H1-2013 1,887);
 
* Lower impact from World Cup football distractions than expected with GGR up 45 percent over the 21 days preceding July 21;
 
Chief executive Ed Ware commented Wednesday:
 
“We are pleased to report yet another record performance for our business, spearheaded by 19 percent growth in the 32Red casino. The initial results from our recently launched 32RedSport, which provides players with seamless access to a premium online and mobile sports betting product, have also been encouraging.”



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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