Tag Archives: 32 Red Plc

Kindred posts strong 2017 opening momentum as group prepares for 32 Red enlargement

Stockholm-listed operator, Kindred Group Plc has declared a strong start to 2017 as the company benefits from an enlarged European sports betting and igaming portfolio of brands and assets. Publishing its ‘unaudited Q1 2017’ interim results Kindred would declare a consecutive ‘all-time’ high in group revenues of £153 million up 25% on corresponding 2015’s £122 million. Kindred governance detailed that …

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32Red posts ‘Record Breaker 2016’ ahead of Kindred acquisition

The governance of 32Red Plc has declared a ‘record year for revenue and profits’ ahead of its £175 million acquisition by Stockholm-listed Kindred Group (deal confirmed 23 February). Presenting its full-year 2016 results, in what will likely be its last corporate update as a London AIM-listed enterprise. 32Red recorded corporate revenues of £62 million up 28% on corresponding FY 2015’s …

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32Red posts record performance for H1 2014

Ahead of the introduction of the UK POC tax and changes in gambling regulations, igaming operator 32Red Plc published its H1 2014 interim results.  The operator produced record results with regards to gaming revenues and EBITDA. 32Red recorded H1 2014 Gross Gaming Revenues of £ 22.6 million (+ 19% on H1 2013 £19 million),   the operator was able to produce …

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