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Sponsorship agreement and trading update

13 May 2016 07:00

RNS Number : 1356Y
32Red Plc
13 May 2016
 

13 May 2016

32Red Plc

("32Red'' or ''the Company")

 

Leeds United Football Club Sponsorship

and update on current trading

32Red, the award-winning online gaming operator, is pleased to announce a three year agreement to sponsor Leeds United Football Club, commencing in the 2016/17 season. The agreement provides 32Red with shirt sponsorship, access to Leeds United's global fan base and extensive brand visibility throughout the club's iconic Elland Road stadium as well as across its digital and media platforms.

Update on current trading:

32Red's trading during 2016 has remained very strong across the Group's portfolio. The Company's like-for-like net gaming revenues for the first nineteen weeks of the year to 11 May 2016 is up 39% on the same period in 2015 and up 71% including the contribution from Roxy Palace. The Board is pleased with this strong trading momentum and remains confident of delivering its expectations for the year.

Commenting on the sponsorship, Ed Ware, CEO of 32Red, said:

"We are delighted to be working with Leeds United football club, a true giant of English football with an amazing and passionate fan-base. We have a proud history of successful football club sponsorship deals and this is a fantastic opportunity to work with such an iconic club and showcase the 32Red brand. We look forward to our association with Leeds United over the coming seasons."

Paul Bell, Leeds United's Executive Director commented:

"We are delighted to announce today a three-year shirt sponsorship deal with 32Red PLC, the UK's premier online casino entertainment brand. We are hugely excited by this partnership and the opportunities it will deliver for all involved.

32Red are a modern, forward thinking brand with a long standing and successful history of sponsoring high profile teams within football and we are delighted to welcome them into our commercial partners programme. We look forward to building a strong relationship between our two brands both on and off the field as we seek to return to the Premier League. Our commercial partners are extremely important to the Club and we would like to thank 32Red for their support."

Enquiries:

32Red Plc

Tel: +00 350 200 49396

Ed Ware, CEO

Jon Hale, CFO

Numis Securities Limited

Tel: +44 (0) 20 7260 1000

Michael Meade (Nominated Adviser) 

Chris Wilkinson (Corporate Broking)

Michael Burke (Corporate Broking)

Hudson Sandler

Tel: +44 (0) 207 796 4133

Alex Brennan

32Red@hudsonsandler.com

Bertie Berger

 

 

Notes to Editors - About 32Red plc:

32Red Plc, established in 2002, is an award-winning online casino, poker and bingo operator and is listed on the London Stock Exchange governed Alternative Investment Market (AIM).

32Red's brands include the multi-award winning 32Red.com online casino, Roxy Palace, 32Red Sport, 32Red Bingo and 32Red Poker. The company offers its leading online gaming entertainment across mobile and desktop platforms enabling players to enjoy the games they want, in the format they want.

32Red is licensed and regulated by the Government of Gibraltar, where the Company's operations are located. 32Red is licensed and regulated by the UK Gambling Commission. License number: 000-039430-R-319293-001.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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