32Red Reviews 2009 Performance

18th January, 2010

One of the best uk casinos online, 32Red have revealed their final year figures, with a strong end to the year dragging it back to parity.

Having released poor first half figures for 2009, 32Red reviews the performance to bounce back, ending the year only 1.6% lower than 2008.

When comparing the two haves of 2009, it is remarkable - the first half was 11% down, year-on-year with 2008, but the second half of the year saw an 18% improvement - with final figures of £12.8m.

A key milestone in the Gibraltar-based company was the exclusion of a remarkably named online casino - 32Vegas. With no other foreseen reason why it would be named that way, 32 Vegas' parent company, William Hill, was forced to close down it's online casino; which immediately paid dividends for one of the best uk casino sites online.

Ed Ware, CEO of 32Red said the withdrawal was...

‘a significant factor in the improvement in 32red’s performance over the second half of the year’.

The affable boss continued, commenting that the company is in a good position to increase marketing spend in 2010, including pushing their newly launched online sportsbook, which runs on the Global Betting exhange platform.