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July 29 - The Gibraltar-based 32 Red online casino group, a very highly
respected online casino, sports and poker operator, has announced financial
results for the first six months of their 2010 financial year.
The group has shown a 33 % increase on the same period in 2009, with total revenues
at £7.8 million.
The group attributes the increase to the performance of its online casino
business, which saw a 29% increase in revenues to
£6.8 million. This figure excludes the newly acquired European focussed online
casinos,
NedPlay
and
Golden Lounge, which were purchased in February
this year.
The Poker business saw a 14% decline in revenues on last year and bingo was
down by 3%
The group currently has a total active casino customer base of 19,497. Net yield per player dropped by seven pounds
to £353. 12,289 new casino customers were acquired during the period.
“Our strong first half performance is particularly pleasing given the
challenging economic conditions in the United Kingdom, which remains our core
marketplace,” said Ed Ware, Chief Executive Officer for 32Red.
Read Online Gambling Insider's
32Red Casino Review.
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