32Red Casino has revealed their Quarter 4, 2011 results which saw steady progress and sustained top line growth.
The key financial indicators for Quarter 4, 2011 were as follows:
- Revenues have increased 45% to £25 million (was £16.9 million in 2010)
- Revenues have increased 96% from 2009
- Number of new depositing players has increased 42% year on year
- Number of active depositing players has gone up 39% year on year
Ed Ware, who is the 32Red Casino CEO, said of the results that “2011 has been another year of progress and the sustained top line growth is encouragement to continue to invest in marketing the 32Red brand. Meanwhile, we will take measures to ensure that the level of service and support we provide to our players remains our point of difference and bolsters retention.”
“We were thrilled to be recognised by eGaming Review as Casino Operator of the Year in November 2011 and we are also very proud to have recently been awarded GamCare Certification. Once again, the player forum and fair play advocate, Casinomeister, has bestowed the prestigious title of Casino Operator of the Year upon us for the ninth consecutive year, which is deeply gratifying for everyone in the team.”
“Although we recognise the potential for uncertainty in the economy at home and abroad, we look forward to further progress during 2012. We also believe Italy represents a good opportunity for 32Red to establish itself as a leading remote gaming operator in a new market and we maintain a watching brief on other regulatory developments around the world.”
32Red Casino is one of our favourite online casinos – they do everything as it should be done and they do it with a smile. Their customer support is excellent and they go out of their way to keep you happy. If you haven’t registered with them, they offer a £32 no deposit bonus to new players from the UK. They also offer a deposit £20 get £32 free up to £160 too which is superb.