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32Red's trading in line with directors' FY views

Fri, 29th Jul 2016 13:00

(ShareCast News) - Online gaming operator 32Red said its trading is in line with directors' full-year views as it booked a 63% record surge in half-year total net gaming revenue (NGR) to £30.4m, from £18.6m."Our excellent growth was achieved despite a very active sports market towards the end of the Period coinciding with the European football championships," said chief executive Ed Ware."This demonstrates the appeal of the 32Red brands and customer experience as well as the opportunities ahead for 32Red to deliver further growth as we exploit marketing opportunities."32Red added that the strong trading momentum had continued since the period end on 30 June, with the number of like-for-like (LFL) active users in the first 27 days of July 2016 up 21% on the year.LFL wagering levels were up 33%, although an unusually weak casino gross win margin resulted in NGR being slightly behind (-2%) a very strong July 2015 comparative.
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3 Sep 2009 06:29

Thursday's tips round-up: Diageo, Hargreaves Landsdown, DSG

Diageo shares remain a buy, although they may mark time for a while after recent strong gains. The Telegraph's Questor is expecting a pull-back in the FTSE 100 over the next month or so - and Diageo will not be immune to these market moves. However, long-term prospects are good and investors should

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2 Sep 2009 08:15

32Red H1 revenue down 11%

Online gaming operator 32Red reported an 11% drop in overall revenue as it continued to widen its player base in the half-year period. Revenue fell to £5.8m for the six months ended 30 June 2009 while pre-tax profit fell to £234,227 from £791,510 the same time a year before. Active casino players

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