32Red Stock Reporting Favourable

online gambling32Red Stock Reporting Favourable

Online gambling company, 32Red has released its first half revenue findings and the company is showing that they are up forty-two percent from last year’s first half.  Some of the positive findings for the company are a twelve percent increase in their active online casino patrons over last year and a thirteen percent increase in casino players new to the online casino.

Ed Ware CEO 32Red and Swansea Football

On this, Ed Ware, 32Red CEO stated that new player recruiting continues to be steady.  A larger increase to new customer figures are expected by the company as they have recently launched a new series of television advertisements and continue to sponsor Swansea football.

32Red and William Hill

About this time last year, 32Red received a favorable judgment against William Hill in regards to property rights.  Ed Ware sees the victory as a way to recover lost revenue from operators in violation of the intellectual property rights ruling from the High Court.  The matter that 32Red objected to last October was the use of a brand called 32Vegas by William Hill (now 21 Nova) as 32Red holds rights to “32” and “32Red”.  The ruling was made in January of this year.

September 8, 2011 by : posted in Industry and Economy, Recent News No Comments