Categories: iGaming

32Red announce record revenues

32Red has just announced record-breaking revenues for the first half of 2012, making a sixth successive 6 month period of record-breaking success for the company.
Their 32Red Casino operation posted overall revenues of £14.5 million, up 52% on the same period of 2011. The gross win for the 20 days leading up to the 20th July 2012 was, in addition, up by 28% on the corresponding period in 2011. With this announcement certainly 32Red will be ahead of analysts expectations for 2012.
Not only this but, 32Red has seen 18,724 new players join their online casino. This gave the casino a total of 31,722 active customers during the first half of 2012 – an 81%increase from the same period in 2011.
Commenting on the performance, Ed Ware, CEO of 32Red, 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. “While we recognise the potential for economic & regulatory uncertainty across Europe, we look forward to further progress during the second half of 2012.”

The Group will announce its official full interim results on the 5th September 2012.

Staff

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