32 Red goes from strength to strength
Roulette is the iconic casino game in the world of online gaming; it may not be surprising a company who draw their brand identity from it are managing to go from strength to strength...
32 Red are one of the United Kingdom's top online gaming operators; they have quickly established themselves as one of the leading online casino operators, gathering a reputation for providing superb customer service.
The latest financial results that have been published by 32 Red truly stand as testament to their excellent development and standing within the online gaming industry: their interim financial results, which show their profitability for the first half of 2011, have shown that increased by a massive total of 42 percent year-on-year – this gives a current total revenue of a cool £11 million.
It's good news all round for 32 Red, who have seen their total earnings increase by a massive 156 percent compared to the same period last year. It is not just the profits that are growing at 32 Red; they have also been able to draw in more customers, with a 12 percent increase in active customers year-on-year.
Chief Executive Officer for 32 Red, Ed Ware, had the following to say about his company's successes so far this year: “The excellent performance in the first half of 2011 is particularly pleasing as it builds on a very strong trading year in 2010.”
“Recruitment of new players remains strong and the launch of a new series of 32Red television advertisements allied with additional exposure from our Swansea football sponsorship will aim further to increase our market share during the second half of the year,” he added.
With 32 Red continuing to improve their performance annually, some industry analysts have predicted that the company may be able to emulate the successes of the William Hill, the UK market leader.
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