Tag Archives: 32Red plc

Kindred’s £176 million offer for 32Red becomes ‘unconditional’

SBC News Kindred's £176 million offer for 32Red becomes ‘unconditional’

Kindred Group’s £176 million outright cash offer for 32Red Plc assets has become ‘unconditional’ following its acceptance by 32Red majority shareholders and having gained approval by the Licensing Authority of Gibraltar. Updating the market this morning, the governance of 32Red informed corporate stakeholders that both its investors and directorship had accepted Kindred’s £176 million offer put forward on 23 February 2017. …

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32Red & Kambi extend sports betting platform partnership

SBC News 32Red & Kambi extend sports betting platform partnership

Updating the market sports betting platform provider Kambi and key client 32Red Plc have confirmed a partnership extension. The extension of services sees 32Red continue its sports betting platform agreement with Kambi which was first signed in April 2014. The partnership saw London AIM-listed 32Red relaunch its sports betting offering ’32Red Sports’, with company governance stating that the company was …

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Marketing step-up pays off for 32Red in 2014

SBC News Marketing step-up pays off for 32Red in 2014

A step-up in marketing investment, aimed at driving top line metric growth has led to 32Red announcing a fifth year of consecutive growth, as the Gibraltar operator announced its final results for 2014 32Red recorded a 25% increase in net gaming revenues of £32 million (FY 2013: 24.8 million), the increase in revenue transferred to a strong 2014 EBITDA performance …

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