Poker Revenue Falls 5 Percent At 32RedOnline Gaming Operator Describes Poker Market As “Tough” |
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UK gaming operator 32Red saw poker revenue fall 5 percent in 2010 to £0.92 million compared to £0.97 in 2009.
The company described the online poker market as “tough”. In 2009 poker revenue was down 7.3 percent.
Gross profit before marketing costs were £396,162, up slightly from £390,499 in 2009.
Overall revenue at the site is dominated by casino and was up 33 percent to £16.95 million in 2010.
The company’s financial statement said, “The excellent performance in 2010 is particularly pleasing in times of continued economic uncertainty in our primary market, the UK. The recruitment of good numbers of new players and our improved customer retention are tribute to the strength of the 32Red brand and to the continued excellent levels of service and entertainment provided to our players.”
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