Tag: revenue growth
32Red boosted by mobile revenue growth
March 8, 2014
iGaming Business – Online gaming operator 32Red has cited the growth of its mobile business as a key factor behind its fourth consecutive year of record gross gaming revenue and underlying EBITDA in the 12 months to December 31, 2013. In its final results for the year, 32Red reported that total gross gaming revenue increased 21% to £38.8 million (€46.9 million/$65 million) in 2013, which in turn led to a 15% rise in total net gaming revenue to £25.4 million. Underlying EBITDA totalled £5 million in 2013, a growth of 46% on the £3.4 million recorded in the previous year….