32Red plc, the award-winning online casino, poker and bingo operator was established in 2002 and listed on the London Stock Exchange governed Alternative Investment Market (AIM) in 2005. 32Red is licensed and regulated by the Government of Gibraltar, where the Company's entire operations are located.
32Red was founded by Ed Ware, who left his position as Managing Director of Ladbrokes International in 2000 to pursue his vision of an independent, specialist online casino. Backed by friends and associates and a good deal of personal financial commitment, Ed and the talented management team he has assembled have grown 32Red from a start-up venture into one of the industry's most respected operators.

Since inception, all 32Red operations (including marketing, customer support, IT, maintenance of customer accounts and payment processing) have been managed from offices in Gibraltar. The Company's servers host MicroGaming casino software which is used to generate all casino game play and to maintain customer accounts. 32Red's Poker activities are offered through the Prima Poker network with customer support and account maintenance managed in-house by the 32Red team in Gibraltar.

32Red currently employs circa 40 people. The Company enjoys a young and vibrant culture where senior managers are in touch with the needs of the players and those charged with delivering the 32Red philosophy at the sharp end.


http://www.32redplc.com/

Offer Update for 32Red plc by Kindred Group plc
RNS
RNS Number : 2917E
Kindred Group PLC
05 May 2017
 

 
RECOMMENDED CASH OFFER
for
32Red plc ("32Red")
by
Kindred Group plc ("Kindred")
 
UPDATE ON OFFER CONDITIONS
Kindred announces the following update regarding its recommended cash offer for 32Red (the "Offer"). Capitalised terms used but not defined in this announcement shall have the meaning given to them in the offer document dated 3 March 2017 (the "Offer Document").
As announced on 27 March 2017, the Offer is now unconditional as to acceptances and remains open for acceptance until further notice. The Conditions set out in paragraphs 2(a) and 2(c) of Part A of Section III of the Offer Document have been satisfied. The Offer remains subject, inter alia, to the approval of the UKGC to the change of control (as set out in paragraph 2 (b) of Part A of Section III of the Offer Document). The UKGC's review is progressing and Kindred currently anticipates that the UKGC will make a determination in the near future. Kindred anticipates that the Offer will be declared wholly unconditional upon the UKGC making a positive determination.
The Offer remains open for acceptance until further notice and 32Red Shareholders who have not yet accepted the Offer are urged to do so as soon as possible