London-listed online gaming operator 32Red has posted a 554 per cent increase in annual net profit to £6.3m following a record revenue performance in 2016.
The company delivered record net gaming revenue (NGR) of £62.3m during the year, an increase of 28 per cent year-on-year, following continued growth across its core 32Red business and a full year’s contribution from Roxy Palace.
32Red’s performance resulted in EBITDA more than doubling to £10.6m, and net profit soaring 554 per [...]