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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.”
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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