32Red's Poker Revenues Continue to Fall32Red Poker Revenue Drops 7.3 Percent in 2009 |
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32Red has announced its preliminary results for the year ending Dec. 31, 2009, with poker revenue dropping 7.3 percent to £971,000 in 2009 from £1,052,000 in 2008.
The first half of 2009 saw poker revenues of £492,000 in comparison to £548,000 for the same period in 2008. The second half of 2009 saw revenue drop even further to £479,000, again in contrast to the £504,000 brought in during the second half of 2008.
32Red’s comments on this in its statement read, “The Board continues to evaluate all aspects of the poker market and believes that recent moves to attempt to restrict those operators still accepting illegal bets from the US may lead to a more level playing field but timings are very difficult to gauge.”
Overall the company saw net gaming drop slightly from £12.96 million for 2008 to £12.75 million for 2009.
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