TTR.L Share News (TTR)

LONDON (Dow Jones)--32Red Plc (TTR.LN), an online betting and gaming operator, reported Thursday record revenues with total gross win of GBP7.8 million for the six months ended June 30 and said first half performance is expected to be in line with market expectations. MAIN FACTS: -Company's flagship operation, the 32Red Casino, has continued to flourish in the first half; Trading stepped up once again during the first half with casino operations experiencing strong levels of performance across all disciplines -Active casino customers 19,497 up 35% on 2009 1H -Casino player yield GBP353 (2009: GBP360) -New Casino players 12,289, up 26% on 2009 1H 09 -Casino cost per acquisition GBP86 (2009: GBP89) -32Red Plc continues to take steps to protect its Intellectual Property Rights and litigation with William Hill remains ongoing with a trial date set for October -Repaid all outstanding bank debt; Will increase marketing spend during the second half of the year -Board continues to monitor regulatory developments in Europe and the Rest of the World with a view to expanding into new markets -Shares on Wednesday closed at 14.5 pence, valuing the company at GBP10.1 million. -By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, tapan.panchal@dowjones.com (END) Dow Jones Newswires July 15, 2010 02:18 ET (06:18 GMT)