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32Red Posts Record Revenues

Internet betting group 32Red plc has released its first half 2013 financial report, citing record setting revenues for the financial period.

Key financial indicators for the period were:

  • A 15% jump in Total Gross Win to £19 million, up from £16.5 million the year before.

  • Gross Win Revenues of £16.9 million, which is up 17% from the same period last year.

  • Active customers were up by 34%.

  • Casino revenue of £17.4 million (H1/2012: £15.2 million), up 14%.

  • Total Underlying revenue of £18.5 million (H1/2012: 16.5 million), up 12%.

  • Italy revenues of £500,000.

Speaking about his firm's performance, 32Red CEO Ed Ware said, "We are pleased with another strong performance from 32Red. We have maintained our clear focus on providing a high quality experience for our players which is underlined by our trading performance."

"It is also supported by the results from the recent Mystery Shopper examination undertaken by etruvian across the industry; the survey identified the 32Red customer experience as the very best in the market place."

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