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/

32Red PLC (TTR:LSE) set a new 52-week high during today's trading session when it reached 61.40. Over this period, the share price is up 35.69%.

Pull back after ex div so bought 10,000 at 54p

Volume certainly seems to have perked up over the last 3 months.

I think that is because Simon Thompson of the IC has been tipping them. But it is a very profitable company and has good cash balances.

IC today - Bet on re-rating of 32Red -

At a forward PE ratio of 7, 32Red's shares are well below a two-year historic average rating of closer to 12 and look extremely cheap compared with the rest of the gaming sector, especially peers with more widely extending operations in markets such as the US and Australia. However, there is enough room for smaller operators to grow in the market and, in the final analysis, smaller scale often means shareholders see the benefits from operational gains far more quickly. Buy.

Mmmm!!!!

Evening 3m, put a post on optical payments for you, had to delete as my details came up with it . Hence just the dot. Sorry about that.

Are you eating a nice cake lol. Mmmmmmm

Wish I was. So mad I cannot tell you.

32Red PLC (TTR:LSE) set a new 52-week high during Tuesday's trading session when it reached 62.00. Over this period, the share price is up 39.23%.

The naked trader - As you may know I like to add to the winners and 32 Red (LON:TTR) has been a real winner with excellent profits since I bought them earlier in the year.

I bought an extra 9,000 shares at 55. It's a nice one, rising profits and cash - but in the end the main thing with this one is it would make a lovely buy for any number of bigger bookie rivals. I've also bought some on the spreads at 60.

So it's quite an easy top up and I intend to hold onto them till I think an inevitable bid will come in somewhere between 80 and 100p hopefully.

TV Sponsorship

RNS


RNS Number : 0789P

32Red Plc

27 September 2013






32Red Plc



Television sponsorship deal with Film4



32Red, the award-winning online gaming operator, today announces a significant investment with Channel 4 to secure sponsorship of 'Late Night Film' on Film4.



The 12 month partnership will see 32Red's branding feature around both the 11pm and 1am film every night of the week.



The award-winning casino will use animated idents comprising of casino related imagery presented as a homage to one of film's greatest visionaries; graphic designer and Academy Award winning filmmaker Saul Bass.



Film4 is the biggest dedicated film channel with a weekly reach of over 12 million individuals.



The partnership commenced on Film4 on Wednesday 25th September.



Rob Ramsey, Partnership Leader, Channel 4 said: "We are delighted to welcome 32Red on board as a sponsor of Channel 4. The 'Late Night Film' is very popular with our audience and we believe this partnership will be a great success"



Mark Quayle, Head of Marketing at 32Red: "We are thrilled to sponsor the Late Night Film on Film4. It was an obvious choice for us. It is the first of many major TV sponsorships for our flagship brand, 32Red Online Casino and we are confident that the association with such a strong brand will hugely increase the awareness of 32Red in the UK."

I see the Naked trader has a target price of 75p on these.

Concern reading IC today is the UK government's
plan to bring in a point of consumption gambling tax . This could hit 32red hard.

Poised for a new high

Final Results



Key highlights:



· Fourth consecutive year of record revenues and underlying EBITDA

· Increased investment in CRM stimulating player activity levels

· Increased Q4 investment in marketing to drive new player recruitment

· Strengthening of the Executive Board

· Progress in Italy - c. 1% market share in growing regulated Italian online casino market



Key performance indicators



· Active 32Red Casino players up 24% to 71,266 (2012: 57,338)

· Casino player gross gaming yield £485 (2012: £500)

· 38,033 new 32Red casino players (2012: 41,918)

· Casino player cost per acquisition: £156 (2012: £147)

· Mobile revenues up 136% on 2012, representing 21% of total casino revenues (2012: 10%



http://www.moneyam.com/action/news/showArticle?id=4767733

LISTEN: 32Red (TTR) - 2013 Final Results

Click here to listen

Final dividend - amendment to record date

RNS


RNS Number : 9465B

32Red Plc

10 March 2014






32Red Plc

("32Red" or the "Company")



Final dividend - amendment to record date



32Red is today amending the information regarding the Final Dividend record date contained in its Final Results announcement published on 6 March 2014.



The Final Dividend of 1.0 pence per share for the year ended 31 December 2013 will be paid to shareholders whose names appear on the register on 4 April 2014 rather than on 2 April 2014 as previously advised. The payment date continues to be 2 May 2014.



10 March 2014

Trading Update

RNS


RNS Number : 1814D

32Red Plc

26 March 2014






32Red Plc

("32Red" or "the Company")

On course to meet expectations

The Company notes the recent sharp fall in the share price since reporting record results in terms of both sales and profits for the year ended 31 December 2013 on 6 March 2014. The Company can confirm that trading in recent weeks has strengthened further with Gross Gaming Revenues up 19% in the first 24 days in March against the corresponding period, taking the cumulative year-to-date increase to 8% as at 24 March 2014.



The UK Government's proposed introduction of a Point of Consumption Tax ("POCT") from the end of 2014 was again referenced in the Budget supplementary papers on Wednesday 19th March, although nothing new of substance was announced. The Company continues to work with the Gibraltar Betting and Gaming Association to ensure that the industry concerns are voiced and understood by the UK Government and other stakeholders. The new announcements in the Budget regarding increased Fixed Odds Betting Terminal duties and levy collection do not impact the Company.



The Board remains confident in the prospects for the business and in meeting its financial expectations for the year.



26 March 2014

26 Mar Daniel Stewart 95.00 Buy
26 Mar Numis 100.00 Buy