Leading online casino provider 32 red casino have announced a 27% growth in profits in the first half of the year. The Gibraltar based company have seen a rise of gaming revenues to $13.2 million for this half of the year. The firms casino revenue now accounts for 91 % of its its total gaming revenue and demonstrates healthy growth in the sector.
The amount of players has also grown in the last year rising 9.3 %. The site now has over 12,000 active users. The poker site of the site is however struggling with the amount of players decreasing and a declining poker yield of $128 per player.
Chief executive officer, Ed Ware said, “The re-focusing of our efforts in accelerating the growth of the 32Red business has delivered immediate results and I am pleased to report a good start to the year.”
Ware went onto explain, “In particular, the casino yield per player is strong and reflects the excellent player experience enjoyed by 32Red customers. Our distinctive and distinguished brand continues to stand out and we intend to further expand our UK profile. We continue to explore opportunities to expand the 32Red product offering and closely monitor regulatory developments in new territories. We look forward to progressing these projects in the second half of the year and will update shareholders accordingly.”
32 Red is a great site offering a huge number of casino games for users. Roulette, poker, slots and Blackjack are all extremely popular. The site is also now expanding into the mobile casino business allowing players to play games on their mobiles. This is a side of the business with huge potential for growth as devices such as the i touch and i phone are being developed. Internet use on mobiles is now common and sites such as 32 red are taking advantage of this customer new market.

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