32Red Plc has reported a 27 percent increase in thier total gaming revenues to £6.6 million for the first half of the year that ended June 30th. They base this growth on the strong performance they have seen on their online casino product.

The increase in their revenues has resulted in a record level of gross win for the company during that period. The online casino industry continues to show strong results with revenues that have climbed 30 percent to £6 million compared to the same period last year and 36 percent versus the previous half year.

Online casino revenues now account for 91 percent of the total gaming revenue from continuing operations. Active players at the casino have increased by 9.3 percent to 12,283 players.

Ed Ware, CEO of 32Red 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. 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 have also successfully launched a mobile phone gaming service, an integrated Bingo offering and a French language casino during the first half of the year. While it is too early to assess the full potential of these new platforms, early signs are encouraging.

"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," he said.







- 2008-07-23