Online Casino to expand product range
9th March, 2009
Online Casino operator 32 Red have recently announced that it will be expanding into new sectors including financial spread betting, however the brand will continue using the casino site as it's core product.
32 Red decided to refocus their efforts on the casino side of the business and this move helped generate a 27% rise in net gaming revenue. The numbers of active players grew to by 14.8% to 21,808 as the brand showed its strength even during the current economic climate.
Ed Ware, Chief Executive for 32 Red said in a statement, “The refocus on the core product, 32Red Casino, has yielded encouraging results. 32Red Bingo, 32Red Mobile and 32Red Spreadbet have all been added to our platform and are helping us to grow our customer base.”
The business plans to expand into the financial betting sector and will soon launch its own site offering this service.
Commenting on financial trading for the year, the company said, "(2009) continues to perform encouragingly and in line with market expectations. Tthis provides encouragement that our sector is proving to be resilient in the current economic climate."
By Jamie
