32Red H1 gaming revenue up 22%

Gibraltar-based online gambling operator 32Red has reported a significant growth in net gaming revenue during the first half of 2015, ending June 30.

Net gaming revenue in H1 rose 22% to £18.6m compared to £15.2m posted over the same period last year, which is attributed to the increased number of new customers as well as more frequent activity by 62,000 current users.

The growth registered during the first half of the year seems set to continue in H2, as the company announced a jump of 35% in gross gaming revenue in the first three weeks of July.

The financial performance of 32Red’s Italian-facing site is also satisfactory, with revenue up 67% over the six-month period to £0.9 million.