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32red Share News (TTR)
Share News for 32red (TTR)
| Share Price: 51.50 | Bid: 51.25 | Ask: 52.00 | Change: -0.125 (-0.24%) |  | ||||||
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32Red says Q1 trading in line with its forecast after successful Cheltenham
Wed, 18th Apr 2007 08:27
LONDON (Thomson Financial) - 32Red PLC said first quarter trading across the group has been in
The company also announced the launch of its new 32Red Bet website following the upgrade of the Bet Direct online sportsbook platform at the beginning of March this year.
The new 32Red-branded service began operating last week in time for the Grand National and realises the company's plans of offering integrated betting and gaming opportunities for both the 32Red and Bet Direct brands.
Chief executive Ed Ware said: 'We launched ahead of the Cheltenham Festival and responses from our customers to these improvements have been pleasing.'
The company acquired loss-making Bet Direct last June in a 12.5 mln stg deal.
Last month, 32Red said it had entered into a revised loan facility with Royal Bank of Scotland after its profits fell back so far that it was in breach of its banking covenants. It also said it planned to raise 3 bln stg through a share placing.
tf.TFN-Europe_newsdesk@thomson.com
msc/cml
COPYRIGHT
Copyright AFX News Limited 2007. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
LONDON (Thomson Financial) - 32Red PLC said first quarter trading across the group has been in
line with its expectations after the Cheltenham Festival proved a 'success' for its online sports betting service Bet Direct.
The company also announced the launch of its new 32Red Bet website following the upgrade of the Bet Direct online sportsbook platform at the beginning of March this year.
The new 32Red-branded service began operating last week in time for the Grand National and realises the company's plans of offering integrated betting and gaming opportunities for both the 32Red and Bet Direct brands.
Chief executive Ed Ware said: 'We launched ahead of the Cheltenham Festival and responses from our customers to these improvements have been pleasing.'
The company acquired loss-making Bet Direct last June in a 12.5 mln stg deal.
Last month, 32Red said it had entered into a revised loan facility with Royal Bank of Scotland after its profits fell back so far that it was in breach of its banking covenants. It also said it planned to raise 3 bln stg through a share placing.
tf.TFN-Europe_newsdesk@thomson.com
msc/cml
COPYRIGHT
Copyright AFX News Limited 2007. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
UPDATE 1-Gaming company 32Red to launch in Italy
LONDON, Sept 5 (Reuters) - Online gaming company 32Red Plc said revenues rose 22 percent in July and August despite having to compete for atten[5 Sep '12]
BRIEF-32Red says July and August 2012 revenues up 22 pct
LONDON, Sept 5 (Reuters) - 32Red PLC: * July and August 2012 revenues up 22% on the corresponding period in 2011 * H1 profit before ta[5 Sep '12]
BRIEF-32Red says July and August 2012 revenues up 22 pct
LONDON, Sept 5 (Reuters) - 32Red PLC: * July and August 2012 revenues up 22% on the corresponding period in 2011 * H1 profit before ta[5 Sep '12]
BRIEF-32Red says 2012 revenues to beat market forecasts
LONDON, July 23 (Reuters) - 32Red PLC: * Says total gross win up 50% to £16.5M (2011: £11.0M) in the first six months of 2012 *[23 Jul '12]
BRIEF-32Red says William Hill court appeal dismissed
LONDON, Jan 24 (Reuters) - 32Red PLC: * William hill appeal dismissed * Appeal court found that william hill also infringed 32red's re[24 Jan '12]
BRIEF-RESEARCH ALERT-Numis UPS 32Red Plc target price
July 21 (Reuters) - 32Red Plc: * Numis ups 32Red Plc target price to 45P from 27P For a summary of rating actions and price target ch[21 Jul '11]
BRIEF-RESEARCH ALERT-Numis raises 32Red target price
Jan 24 (Reuters) - 32Red Plc: * Numis raises 32Red Plc target price to 27P from 22P; rating buy For a summary of rating actions a[24 Jan '11]
BRIEF-32Red says High Court rules in its favour
LONDON, Jan 21 (Reuters) - 32Red Plc: * High court delivered judgment in the company's trade mark dispute against william hill[21 Jan '11]
