H1 RESULTS RELEASED BY 32RED

25 July 2008

Record gross win achieved


The online casino operator 32Red plc has released a trading update on its half year performance ended June 2008, now excluding from its reportage revenues from the BetDirect business sold to UK bookie Stan James last October

The report notes that 32Red Casino has enjoyed a successful first half and continues to flourish, with a record gross win experienced during the reporting period.

Key financial highlights all point in the right direction, and include:

* Total gaming revenues of GBP 6.6 million, an increase of 26 percent on H1 2007 and 32 percent on H2 2007

* Casino revenues of GBP 6 million, an increase of 31 percent on H1 2007 and 38 percent on H2 2007

* Active casino players in the first 6 months : 12 283, up 13.5 percent on H1 2007 and up 9.3 percent on H2 2007

* Casino yield per active player in the 6 months : GBP 491, up 15.2 percent on H1 2007 and up 25.8 percent on H2 2007.

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