32Red Revenues Increase for 2005
32Red, a new online gaming site in the United Kingdom, announced a 57 percent revenue increase in 2005 due to the success of their online roulette and casino games.
The overall revenues of the company have increased sixty seven percent in the year 2005 to 9.8 million pounds.
In the roulette and casino department 32Red had a fifty seven percent increase in revenues over the previous year earning 8.9 million pounds for the 2005 fiscal year.
32Red is listed on the British Stock Exchange and has earned a wide following of roulette fans and other casino players. Most of the players are from the United Kingdom.
In light of their fiscal year 2005 results, 32Red CEO Ed Ware said, "New customers continue to be attracted by the 32Red brand and the high quality gaming experience it represents. Our core casino business saw us hit new heights across all key measures in 2005 and our poker product continues to grow very strongly. With new software initiatives and increased marketing activity in the coming months we expect to deliver further growth across the business in 2006."