dreamcatcher
- 08 Jul 2013 17:45
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/

dreamcatcher
- 18 Jan 2016 16:21
- 74 of 101
Broker Forecast - Numis issues a broker note on 32Red PLC
Numis today reaffirms its buy investment rating on 32Red PLC (LON:TTR) and raised its price target to 200p (from 160p). Story provided by StockMarketWire.com
dreamcatcher
- 21 Jan 2016 13:25
- 75 of 101
dreamcatcher
- 21 Jan 2016 13:26
- 76 of 101
21 Jan Numis 200.00 Buy
dreamcatcher
- 21 Jan 2016 13:27
- 77 of 101
32Red delivers record annual gaming revenues
StockMarketWire.com
32Red has delivered record annual net gaming revenues in 2015 of GBP48.6m, up 51% from GBP32.1m a year ago. This very strong performance was driven by a combination of accelerated organic growth in its core business and a contribution from the Roxy Palace business acquired on July 14.
Early trading in 2016 has been strong across the company's products with revenues for the first nineteen days in January up 27% on the corresponding period in 2015 and up 54% including contribution from Roxy Palace.
CEO Ed Ware said:
"This excellent outcome is a reflection of the strength of the 32Red business, our talented and dedicated team, as well as our first class marketing and appealing brands.
"As a result of the strong organic growth delivered throughout the year as well as the smooth integration of the Roxy Palace business, the Company expects to report EBITDA slightly ahead of expectations for 2015 when it announces its preliminary results on Thursday 10 March 2016."
Story provided by StockMarketWire.com
dreamcatcher
- 22 Jan 2016 14:48
- 78 of 101
32Red PLC (TTR:LSE) set a new 52-week high during today's trading session when it reached 163.75. Over this period, the share price is up 185.06%.
dreamcatcher
- 09 Feb 2016 17:27
- 79 of 101
ST of IC today - This means that post last month's upgrades, 32Red's shares are rated on 11.7 times earnings estimates for 2016, or on 10.6 times net of its cash pile. That valuation still doesn't look too punchy to me and neither does it to Mr Jones who has a new target price of 200p, up from 160p previously. So with 32Red clearly thriving in the post-Point of Consumption duty gaming market, winning customers from operators unable to compete in the more onerous tax environment, and the Roxy Palace acquisition delivering, I feel it's worth running your hefty gains ahead of the next trading update on Thursday, 10 March 2016. Run profits.
dreamcatcher
- 10 Feb 2016 15:26
- 80 of 101
Board approves special dividend of 3.00p per share
RNS
RNS Number : 5815O
32Red Plc
10 February 2016
10 February 2016
32Red Plc
("32Red'' or ''the Company")
Board approves special dividend of 3.00p per share
32Red Plc, the award-winning remote gaming operator, is pleased to announce that, on 4 February 2016, the Board of Directors of the Company approved a special dividend of 3.00 pence per share to be paid on 16 March 2016 to all shareholders on the register on 19 February 2016. This follows the Company's Post Close Trading Update dated 21 January 2016 in which 32Red reported a record revenue performance in 2015. This outcome was underpinned by strong organic growth as well as the now completed successful integration of Roxy Palace, acquired in July 2015. As previously indicated, the strong performance has resulted in the Board anticipating reporting EBITDA for 2015 slightly ahead of expectations.
The Special Dividend is in addition to the final dividend that will be declared when the Company announces its preliminary results on Thursday 10th March 2016.
Timetable Details:
Ex Div Date
18 February 2016
Record Date
19 February 2016
Payment Date
16 March 2016
dreamcatcher
- 29 Feb 2016 15:37
- 81 of 101
32Red PLC (TTR:LSE) set a new 52-week high during today's trading session when it reached 181.28. Over this period, the share price is up 186.59%.
cynic
- 29 Feb 2016 15:53
- 82 of 101
i looked at these, but the notional spread is nuts (5p+) and volumes pretty low
dreamcatcher
- 10 Mar 2016 08:28
- 83 of 101
final results
Key highlights:
· Record revenue performance with total net gaming revenues up 52%
· Strong organic revenue growth, accelerating throughout the year
· Successful integration of Roxy Palace, acquired in July 2015
· 80% of net gaming revenues derived from regulated and taxed markets
· Mobile revenues up 71% on 2014, representing 44% of total casino revenues (2014: 32%)
· Marketing spend ROI metrics continued to strengthen in 2015
· Further solid progress in Italy, expected to break even in 2016
· Recommended final dividend of 1.7p per share (2014: 1.4p) bringing full ordinary dividend for the financial year to 2.8p (2014: 2.4p) in addition to Special Dividend of 3.0p per share declared on 10 February 2016
· Strong start to 2016 with like-for-like net gaming revenues for the first nine weeks of the year up 35% on the same period in 2015 and up 66% including the contribution from Roxy Palace
dreamcatcher
- 10 Mar 2016 13:30
- 84 of 101
10 Mar Numis 200.00 Buy
dreamcatcher
- 15 Mar 2016 18:28
- 85 of 101
ST of IC - In the circumstances, I would recommend that you continue to run your profits with 32Red's shares trading on a cash adjusted forward PE ratio of 12. Run profits.
dreamcatcher
- 13 May 2016 16:56
- 86 of 101
Sponsorship agreement and trading update
RNS
RNS Number : 1356Y
32Red Plc
13 May 2016
13 May 2016
32Red Plc
("32Red'' or ''the Company")
Leeds United Football Club Sponsorship
and update on current trading
32Red, the award-winning online gaming operator, is pleased to announce a three year agreement to sponsor Leeds United Football Club, commencing in the 2016/17 season. The agreement provides 32Red with shirt sponsorship, access to Leeds United's global fan base and extensive brand visibility throughout the club's iconic Elland Road stadium as well as across its digital and media platforms.
Update on current trading:
32Red's trading during 2016 has remained very strong across the Group's portfolio. The Company's like-for-like net gaming revenues for the first nineteen weeks of the year to 11 May 2016 is up 39% on the same period in 2015 and up 71% including the contribution from Roxy Palace. The Board is pleased with this strong trading momentum and remains confident of delivering its expectations for the year.
Commenting on the sponsorship, Ed Ware, CEO of 32Red, said:
"We are delighted to be working with Leeds United football club, a true giant of English football with an amazing and passionate fan-base. We have a proud history of successful football club sponsorship deals and this is a fantastic opportunity to work with such an iconic club and showcase the 32Red brand. We look forward to our association with Leeds United over the coming seasons."
Paul Bell, Leeds United's Executive Director commented:
"We are delighted to announce today a three-year shirt sponsorship deal with 32Red PLC, the UK's premier online casino entertainment brand. We are hugely excited by this partnership and the opportunities it will deliver for all involved.
32Red are a modern, forward thinking brand with a long standing and successful history of sponsoring high profile teams within football and we are delighted to welcome them into our commercial partners programme. We look forward to building a strong relationship between our two brands both on and off the field as we seek to return to the Premier League. Our commercial partners are extremely important to the Club and we would like to thank 32Red for their support."
dreamcatcher
- 20 Sep 2016 18:52
- 87 of 101
Proactive investor - City punters are betting on a winning performance from 32 Red Plc (LON:TTR) when the gaming company reports half-year results on Wednesday.
The group has already reported net gaming revenue of £30.4mln for the first half, representing year-on-year growth of 63%.
Numis Securities reckons first-half earnings will quadruple to £4.6mln driven by excellent returns from its accelerating marketing campaign.
Analyst Richard Stuber said: “Being one of the few approved betting partners for UK horseracing, it has secured several high profile sponsorship deals, including Leeds United and Rangers and most recently the three year deal to sponsor the King George VI Chase, demonstrating its growth ambitions.
“We are also very supportive of its geographical diversification where more than a third of revenues are from outside the UK.”
dreamcatcher
- 21 Sep 2016 07:06
- 88 of 101
Key partner contracts
RNS
RNS Number : 3762K
32Red Plc
21 September 2016
21st September 2016
32Red Plc
ITV's 'I'm a Celebrity… Get Me Out Of Here!' and "Ant & Dec's Saturday Night Takeaway' to launch exclusive new games with 32Red, created by Microgaming.
Award-winning online casino 32Red announces a new three year partnership with ITV Commerce & Ventures today which will see two of the broadcaster's biggest brands extend their exclusive game content with award-winning remote gaming operator 32Red.com.
The new "I'm a Celebrity...Get Me Out Of Here!™" slot game enhances 32Red's existing game offering and now enables a fully featured slot game across all device platforms. The game features well-known themes from the show including Ant and Dec themselves, iconic programme music and of course a Bushtucker Trial themed bonus game! The game brings the fun and excitement of the show to a thrilling casino game for slots fans to enjoy.
Aside from the usual exciting slots action, players have the chance to win Kiosk Keith Free Spins™ with Rolling Reels™ and Critter Chaos™ can be triggered awarding multiple wilds in camp and free spins. Collecting Gold Stars wins players The Bushtucker Trial Bonus™ where choosing and winning challenges can bag a big payout.
In addition to the new "I'm A Celebrity….Get Me Out Of Here™" slot game, 32Red's Ant & Dec's Saturday Night Takeaway slot brings all the favourite parts of the award-winning entertainment show to life with clips and imagery from the show. The game includes Ant V Dec Free Spins™, Get Out of Me Ear Spins™, Win The Ads Bonus™ and an End of The Show Bonus™ feature.
The launch of the new games will also be supported with exclusive promotions and competitions where trips to Australia and tickets to the Saturday Night Takeaway live show will form part of the prizes.
32Red's Chief Commercial Officer, Matt Booth said:
"We are very excited to release our new and exclusive 'I'm A Celebrity… Get Me Out Of Here™!' slot, plus the brand new and also exclusive Ant & Dec's Saturday Night Takeaway slot. Both brands are award-winning shows and are extremely well known entertainment brands. We are confident that the association with such powerful TV brands have produced slot games that players will love as much as the shows."
"The slot games will be available for casino, poker and bingo players at 32Red across online, mobile and tablet devices to ensure that all our players can experience their own Bushtucker Trial, or take part in their very own version of Win the Ads! wherever and whenever they want."
William van Rest, ITV's Director of Commerce & Ventures commented:
"ITV is thrilled to be working with 32Red on extending our existing game portfolio with the new I'm A Celebrity… game plus the addition of an Ant & Dec's Saturday Night Takeaway game."
"We have worked to bring the best features of both shows alive in a gaming experience, and believe we have two of the best UK TV show themed slots in the market. Both games feature video footage from the shows and offer a rich game experience based on the programmes. We are sure these exclusive games will be very popular on 32Red.com"
The new slot games have been developed for 32Red by online gaming software developer, Microgaming.
Roger Raatgever, CEO of Microgaming, added: "We are well versed in creating branded content, delivering slots that embrace a brand to the fullest. And we get a real buzz from it too! Developing exclusive games based on two cherished UK television shows has been a fantastic project to be involved in, and working with 32Red and ITV, as always, has been a pleasure."
The I'm A Celebrity game is released with 32Red on 1st November 2016 and Ant & Dec's Saturday Night Takeaway is scheduled to launch in Q1 2017.
dreamcatcher
- 21 Sep 2016 07:08
- 89 of 101
Interim results
Period highlights:
· Record revenue performance with NGR for the period up 63%
· Record EBITDA performance, up 258% on H1 15
· Italy on track to break even in the year
· 75% of revenues from regulated and taxed markets
· Mobile casino driving growth and represents 50% of total casino revenues (2015: 42%)
· Interim dividend increased by 18% to 1.3p (2015: 1.1p)
· Successful launch of new 32Red Casino responsive, multi-platform website in April 2016 delivering encouraging results
· Confident of meeting management expectations for the full year
Post period end events:
· Extended contract with innovative commercial terms agreed with digital gaming solutions partner, Microgaming, effective from 1 November 2016. The new arrangement enables 32Red to develop its strength in regulated markets, whilst retaining its broad appeal across the industry.
· Exclusive licence to promote casino games for ITV flagship brands
· British Horse Racing sponsorship agreements:
o New three year deal to sponsor prestigious King George Christmas Meeting at Kempton
o Renewal of sponsorship of the All Weather Championship for next two years
o New three year deal to sponsor Haydock Park's Group 1 Sprint Cup
dreamcatcher
- 21 Sep 2016 15:35
- 90 of 101
21 Sep
Numis
200.00
Buy
dreamcatcher
- 22 Sep 2016 16:41
- 91 of 101
ST of IC - So, having first recommended buying 32Red’s shares at 51.75p ('Game on', 7 Jul 2013), since when the board have paid out a total of 12.5p a share in dividends, and last advised running your profits at 134p ahead of yesterday’s results (‘Spinning higher’, 2 Aug 2016), I now feel there is a high probability of the share price returning back to the March 2016 all-time high of 186p, and possibly beyond. If achieved it would price the shares on a more reasonable 13 times next year’s earnings estimates, a fair rating in my view given the EPS growth profile. More importantly, these targets look achievable.
dreamcatcher
- 24 Sep 2016 18:06
- 92 of 101
dreamcatcher
- 01 Feb 2017 08:04
- 93 of 101