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32red Share News (TTR)
Share News for 32red (TTR)
| Share Price: 50.00 | Bid: 49.75 | Ask: 50.00 | Change: 0.125 (+0.25%) |  | ||||||
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32Red FY sales up 47 pct, still warns of FY opg results below market view UPDATE
Fri, 26th Jan 2007 08:27
(Adds casino, poker revenue and banker discussions)
LONDON (AFX) - 32Red PLC posted a 47 p
The online casino, poker and sportsbetting operator said its full-year revenue rose to 14.36 mln stg, including 3.45 mln stg from the Bet Direct business acquired in June 2006.
32Red said total active customers rose to 84,595 from 17,597 in 2005 and new customers rose to 42,866 from 14,451 in 2005. Bet Direct, however saw a fall in active customers to 46,139 and new customers to 11,115 since acquisition.
The company said in 2006 total casino revenues rose 5 pct to 9.42 mln stg and poker revenues rose 77 pct to 1.49 mln stg. However, casino player yield fell 45 pct to 467 stg and poker player yield fell 30 pct to 82 stg, the company added.
32Red added it continues its discussions with its bankers and continues to meet all interest and capital repayments as they fall due.
newsdesk@afxnews.com
tsk/slm/tsk/slm
COPYRIGHT
Copyright AFX News Limited 2006. 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.
AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
(Adds casino, poker revenue and banker discussions)
LONDON (AFX) - 32Red PLC posted a 47 p
ct rise in full-year revenue but reiterated its December warning of full-year combined operating results falling 'significantly' below current market forecasts on poor trading at Bet Direct.
The online casino, poker and sportsbetting operator said its full-year revenue rose to 14.36 mln stg, including 3.45 mln stg from the Bet Direct business acquired in June 2006.
32Red said total active customers rose to 84,595 from 17,597 in 2005 and new customers rose to 42,866 from 14,451 in 2005. Bet Direct, however saw a fall in active customers to 46,139 and new customers to 11,115 since acquisition.
The company said in 2006 total casino revenues rose 5 pct to 9.42 mln stg and poker revenues rose 77 pct to 1.49 mln stg. However, casino player yield fell 45 pct to 467 stg and poker player yield fell 30 pct to 82 stg, the company added.
32Red added it continues its discussions with its bankers and continues to meet all interest and capital repayments as they fall due.
newsdesk@afxnews.com
tsk/slm/tsk/slm
COPYRIGHT
Copyright AFX News Limited 2006. 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.
AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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]
