32Red App Financials

Casino Apps UK32Red the internet gambling company has issued a trading update that covers the financial reports of the 1st half of its flagship website, 32Red.com. This trading update showed the continuity of the record revenues that have been recorded by the website for the last five months.  The total revenues of the internet casino licensed from the jurisdiction of Gibraltar has increased by fifty two percent when compared to the same period of 2011 by scoring 14.5 million British pounds. As for the gross revenue of the twenty days that ended on the 20th of July, it increased by twenty eight percent when compared to last year’s same period. If the performance of 32Red continues this way, it is predicted that the revenues are going to surpass the current expectations for this year.

The great numbers by 32Red.com continues as the casino witnessed 18,724 new players throughout the past 6 months which made the total number of active players reach 31,722 players. This represents an 81% increase y-o-y. The revenues from the internet poker operations reached six hundred thousand British pounds which is similar to the numbers achieves in the first half of last year but it is an increase of 20% if compared to the 500,000 British pounds achieved on the second half of last year.

According to 32Red, the company is planning to continue with the same positive performance in the existing markets besides entering the newly regulated market of Italy.

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