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Don't have an account? Click here to register.32Red expects 33% revenue surge
Tue, 18th Jan 2011 08:00
Online gaming group 32Red said it expects revenue in the second half to rise by a third as its main 32Red casino drives growth.The group improved customer retention with active casino players rising 23% 30,933 from 2009. Casino player yield rose to £479 per player compared to £458 in 2009. The strong trading performance is also likely to see the company deliver profits that are ahead of current market expectations for 2010, it said. CEO Ed Ware added, "The strong 2010 performance is particularly pleasing in times of continued economic uncertainty in our primary market, the UK."32Red said it would continue to focus the 32Red brand in the UK and keep a close watch on regulatory developments in Europe and the rest of the world.
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