32Red Casino Enters Italian Gambling Market
Following their larger rivals William Hill and Paddy Power, the British based 32Red has announced it has plans to offer bingo, poker and casino games to the Italian market.
32Red posted excellent revenues with a 22% increase in revenues for the months July and August. These are excellent results when taking into account the effect of the Olympics.32Red’s revenues increased by 40% in the first half of the year to reach £16.6 million.
According to CEO Ed Ware,” While we continue to focus on our core market of the UK, we look forward to utilizing out Italian license to expand the profile of the brand and to grow business in another regulated market. This performance has continued during the first 2 months of the second half of the year, despite the excitement and distraction of the Olympic Games.”