32Red

One of the best known brands online for online gaming is 32Red. 32Red just released the results of its 2012 fiscal year. They announced an increase in revenues for the third straight year and continue to be leaders within the industry receiving awards and accolades from those who play under their brands.

32Red reported an increase of 45% in overall players with overall revues increasing 29%. This saw £30 million in profits and a positive cash flow of more than £4.3 million. This only strengthens 32Red’s position within the industry and with the players who player daily at their casinos. It provides a higher level of confidence with players knowing that payments of winning are paid promptly. Over the course of 2012 32Red acquired more than 401,000 new players to its brands as well.

Ed Ware, CEO for 32Red states “Our company has seen yet another year of progress and this is a direct result of the team we have in place. We have delivered a third successful year with record results and we also saw he launching of our brand in the Italian market. That dedication is bringing in excellent results with the acquisition of new players in the markets we operate in”

“2013 is also seeing positive results and we fully expect to have another strong performance in all sectors”