Following record results for the year to December 31, 2013, 32Red has said it is “on course to meet expectations” in 2014 after a strong start to the year and despite a drop in share price.
“The company notes the recent sharp fall in the share price since reporting record results in terms of both sales and profits for the year ended December 31, 2013,” the statement reads.
“The company can confirm that trading in recent weeks has strengthened further with gross gaming revenues up 19 per cent in the first 24 days in March against the corresponding period [in 2013], taking the cumulative year-to-date increase to eight per cent as at March 24, 2014.”
With regard to the proposed introduction of the UK point-of-consumption tax, the operator confirmed that it continues to work with the Gibraltar Betting and Gaming Association to “ensure that the industry concerns are voiced and understood by the UK government and other stakeholders.”
source : www.intergameonline.com
