3Red Casino Ups Game Again

26th September, 2016

3Red Casino Ups Game Again

One of the leading UK online casinos have upped their game again, after their recent results were released to the city and their stakeholders.

Gibraltar based online casino company 32 Red Casino presented another great set of results for the first six months of 2016, including record revenue - including a 24% increase in revenues for their bread and butter, 32Red Casino itself.

32Red Casino now accounts for seventy percent of the groups total revenue, who also own Dash Casino, a sportsbook as well as operations in Italy.

Net gaming revenue saw a fantastic rise of 63% (up to £30.4m), with gross profit up nearly 75% to £7.5m.

As is the trend in the UK casino industry right now, 32Red Group also saw a considerable leap in mobile casino revenue, citing it as a key means of growth for the future. Mobile casinos betting accounted for 50% of all casino revenue.

A spokesman for the company said of their latest announcement to the city...

"We are delighted to report a record revenue and profitability performance for 32Red in the first half of 2016 which has been driven by strong growth across our business and brands."

"The Board remains confident of meeting its expectations for the full year."

The online casino group have also announced that they have renewed their ties with leading online casino software provider Microgaming for a further five years - however the new contract means that 32Red are no longer exclusively Microgaming - meaning they can join a rank of the best online casinos that now offer casino games from a number of providers.