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Online gaming operator 32Red has released its interim financial results for the first half of 2011 showing that total revenues increased by 42 percent year-on-year to reach eleven million pounds.
Gibraltar-based 32Red revealed that this amount represented a record for the first six months of a year while its earnings before interest, tax, depreciation and amortisation rose 156 percent when compared to the same period in 2010 before share options and exceptional items to £1.47 million while gross profit topped £3.17 million.
Active casino customers over the first six months of 2011 grew by twelve percent year-on-year to 21,745 and generated £9.5 million in revenues, which represented a 41 percent improvement when compared to the same period last year.
In addition, 32Red declared that individual casino player yield hit £438, which was up 27 percent on the first half of 2010, with a 13 percent enhancement in new players to 13,901 and a cost per acquisition of £118.
SOURCE - READ ENTIRE ARTICLE HERE
<a href="http://resources.32red.com/redirect.aspx?pid=11832&bid=2975"><img src="http://resources.32red.com/media/32Red-Casino_EN_468x60_2975.gif" border=0></img ></a>
Gibraltar-based 32Red revealed that this amount represented a record for the first six months of a year while its earnings before interest, tax, depreciation and amortisation rose 156 percent when compared to the same period in 2010 before share options and exceptional items to £1.47 million while gross profit topped £3.17 million.
Active casino customers over the first six months of 2011 grew by twelve percent year-on-year to 21,745 and generated £9.5 million in revenues, which represented a 41 percent improvement when compared to the same period last year.
In addition, 32Red declared that individual casino player yield hit £438, which was up 27 percent on the first half of 2010, with a 13 percent enhancement in new players to 13,901 and a cost per acquisition of £118.
SOURCE - READ ENTIRE ARTICLE HERE
<a href="http://resources.32red.com/redirect.aspx?pid=11832&bid=2975"><img src="http://resources.32red.com/media/32Red-Casino_EN_468x60_2975.gif" border=0></img ></a>
