BIG RED 32Red, an online casino, poker and sports betting operator, showed an increase in sales from H1 2007 of 26 percent at £6.6 million. Its first-half earnings before interest, taxes, depreciation and amortization were up 17 percent at £1 million.
These numbers were seen by the United Kingdom-based operator as “very encouraging.” In a prepared statement, Edward J. Ware, chief executive of 32Red, attributed the growth to increased player numbers and an improved yield per player.
“The re-focusing of our efforts to accelerate the growth has delivered immediate results, both in terms of revenue growth and improved bottom line profit,” Mr. Ware said. “We continue to investigate possible new gaming-related products to add to our existing portfolio, although we remain focused on taking 32Red's casino business to the next level."
DOYLE SUPPORTERS DoylesRoom has announced the launch of a new online casino that will be powered by Micrograming Software Systems Ltd., an online gaming software provider.
What it calls “the hottest online casino ever conceived,” the Doyle Brunson-endorsed venture touts streaming live-dealer games, video poker, authentic five- and three-reel shots, arcade slots, baccarat, blackjack along with American and European table games.
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