Half year financial results released by 32 Red

The online casino operator 32Red plc has released a trading update on its half year performance ended June 2008, now excluding from its reportage revenues from the BetDirect business sold to UK bookie Stan James last October.

The report notes that 32Red Casino has enjoyed a successful first half and continues to flourish, with a record gross win experienced during the reporting period.

Key financial highlights all point in the right direction, and include:

• Total gaming revenues of £6.6 million, an increase of 26 percent on H1 2007 and 32 percent on H2 2007
• Casino revenues of £6 million, an increase of 31 percent on H1 2007 and 38 percent on H2 2007
• Active casino players in the first 6 months : 12,283, up 13.5 percent on H1 2007 and up 9.3 percent on H2 2007
• Casino yield per active player in the 6 months : £491, up 15.2 percent on H1 2007 and up 25.8 percent on H2 2007

Source: InfoPowa News