32Red - Acquisition
TTR
Tue, 09 Sep 2014, 02:45am BST
The Company invests in regulated markets where the Board feels that 32Red has commercially viable opportunities. The Board is committed to further marketing investment in the UK to continue the growth of the underlying business. This expenditure will be supplemented by a controlled investment in Italy, where it commenced trading under its Italian licence in December 2012. The regulatory landscape continues to evolve and the Board is encouraged by developments in potential new markets for 32Red both in Europe and the US.
Industry: Consumer Services
Contact:
http://www.32redplc.com/
Matt Booth, Commercial Director, comments: "This acquisition fits well with our growth strategy for the UK market. The migration of? players from Go Wild to 32Red is a low-risk and seamless transfer as both businesses utilise the Microgaming platform and games content. Players will continue to use the same login and passwords to access their accounts and we will be active in showcasing the 32Red experience to these newly acquired players."
