32Red Record Profits

32Red Casino is seen as one of the largest online casinos on the internet and the latest results for their first half year of 2010 certainly confirms this.

For the first six months of 2010 32Red Casino has recorded record profits even though they have also been paying out more money than ever before, so just what is happening at 32Red Casino?

Well 32Red Casino recorded massive revenues of seven million eight hundred thousand pounds for the first six months of the year, to put this in perspective this is a thirty four percent increase on last year! Also compared to the same time last year 32Red Casino has also seen an increase in members with twelve thousand more players being active at 32Red Casino compared to the first half of 2009.

Although the average spend of each player fell seven pound from three hundred and sixty to three hundred and fifty three pounds, the fact that there are more players at 32Red Casino and the marketing costs to entice these new players has dropped significantly combined to give 32Red Casino a great start to 2010.

The CEO of 32Red Casino, Ed Ware said of the financial announcement: “We believe that the 32Red brand and its core values continue to provide us with the tools to penetrate the online and mobile casino market successfully. Another period of strong recruitment at reduced cost per acquisition rates since the end of 2008 has gives us optimism for the prospects of the business going forward. The Group has further strengthened its balance sheet and, having repaid all outstanding bank debt, will increase marketing spend during the second half of the year.”

This news confirms what we all know, that is that 32Red Casino is a brilliant online casino to play at and the fact that new players are always joining and enjoying playing at 32Red Casino proves this.

Click here to play at 32Red Casino!

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