Big Increases in the Financial Results from 32Red
With online casino gaming on the increase in different countries all over the world it is no surprise to see that the top casino operators are posting record profits these days.
The latest firm to announce their financial results is 32Red. Their figures for the first half of 2012 show some really positive news in a number of areas and bode well for their future growth too.
For example, their revenue has shot up by 52% when compared to same period last year, with a total of £14.5 million. The company’s total amount of active customers has also increased considerably, to 31,722. This includes an impressive 18,724 new members who joined in the first half of 2012 and is a jump of 81% on the totals for 2011.
Poker Revenues Back Up
Another interesting highlight of the 32Red results comes with their internet poker revenues. This game brought in £600,000, which is the same as the first half of 2011 but a significant increase of 20% from last year’s figures over the same period.
Ed Ware is the CEO of 32Red and he said that the “continued growth” in the firm’s revenues comes down to the new player recruitment push which they are making, particularly in the UK. He also said that they are taking their first steps in the Italian online gambling market. He finished off by saying despite the “potential for economic and regulatory uncertainty” in Europe, the company is looking forward to experiencing more growth and progress in the remainder of 2012.
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