Online gaming operator 32Red has announced its interim results for the six months to June 30, 2013, once again revealing record revenues, rising 15 per cent to £19m, up from £16m in 2012.
The strong performance is assisted by the company’s mobile sector, which now generates 17 per cent of total casino revenue (up from eight percent in 2012). Profit was also up to £1.3m from £1.2m in the same period.
Ed Ware, CEO, commented: “We are pleased to report another strong performance both in terms of revenue growth and in underlying profitability, which has continued into the second half of the year.
“Our strategy remains to invest in marketing to regulated markets with a constant focus on maintaining the best user experience enjoying by new and existing players alike.
“While early trading in the Italian market has been slower than expected, there continues to be month-on-month improvement and, with our new Bologna partnership, we remain confident that Italy will develop into an important and lucrative market for Red32.”
