Despite £2m bill by the UK’s Point of Consumption Tax as well as marketing raise in Italy, 32Red has had a fundamental performance. The firm claimed to have immersed EBITDA of £1.2m in the initial six months of the year in comparison to the £2.3m in the H1 of 2014. Profits before taxation dropping to £100,000 from £1.2m. Nonetheless, the Total Net Gaming Revenue sprung to £18.6m from £15.2m.

Ed Ware the CEO of 32Red claimed that he was pleased to announce a glorious revenue increase to his firm in the first six months of 2015 fiscal year which saw the NGR rise by 22%. This performance was evident due to its bold new brand with many clients to their name as well as marketing profession from the driven investments. The business also saw the rise EBITDA by a whopping 57% which sees a strong business momentum.

32Red initiated its products in the Italian markets in the initial half of the year which in turn brought in an increment of 67% of NGR to £0.9m. Consequently, a total of 4,285 new clients were recruited at the period compared to 3,084 in H1 of 2014 and thus bringing a total of 8,443 active players.

The company claimed that the investment growth in the Italian markets has been a positive one but there still calls for some actions in the player and revenue growth sector that has lagged behind. This lag has been attributed to the low quality casino games offered in Italy as compared to top class games in the UK market.

A business analyst at Edison Investment Research Jane Anscombe claimed that she saw some potential in the market growth of 32Red. The mobile gaming incorporated by 32Red has been fundamental for it has contributed 40% of all the total incomes. This has increased the EBITDA by 57% to record at £4.2m before taxation.

The 32Red management is confident that their firm will meets its objective of x10 the EV/EBITDA. The firm has clearly showcased that a group which is managed properly can deliver awesome revenue, cash flows as well as adequate dividends in the current POC world.

Horses racing betting fans have a reason to smile as new inventory has come to their side. At The Races has invented and incorporated a new app that would be downloaded for free across all iPhones and Android devices. The new app will let horses racing fan access some basic information such as news, betting services, tipsters, video form, Timeform analysis and race cards.

This new At The Races app will come hand in hand with the most exciting features brought to customer’s smartphones and tablets. It will integrate UK’s largest racing TV channel as well as websites that would be readily and easily accessible to them.

Along with inclusive news service and racing cards, the app will also present an array of unique features such as Scrolling instantly to the finish of a race; one would See Timeform comments, Compare odds directly within the app, Catch up on favorite ATR TV shows on demand, Access full account history and bet seamlessly within the app, Access an archive of over 12,000 races, Select the best value from three leading bookmakers, Tap for more in-depth form and career histories and Watch race replays.

Other amazing inclusions include the viewing of each ATR race moments after they are finished. Also one can access the ART TV programs such as Racing Live and racing News when demand arises.

This new app will allow clients to compare betting price rates across three major betting sites and get the best betting value. The three betting firms that one would compare their prices at their smartphones and tables are William Hill, bet365 and Ladbrokes.

The Chief Executive of At The Races Matthew Imi claimed that it was with pleasure to incorporate a new up to the At The Race platform which takes it to another level. The contents of the app are featuring comprehensible devises which has brought more than 2.5 million TV Races viewers. This will play a major role as they try to make the sport popular, easily accessible as well as bringing positive growth and returns to racecourse associates.

A new client, BetBright, has been welcomed into the client books of books of Betradar a worldwide leader in providing data and information on sports and other betting services. BetBright, which is based in Ireland has taken a step to implement Betradar’s Virtual sports into their dealings and through this they have been able to grow and expand their business more and onto a new market niche and an exciting field.

With the new suite by Virtual sports, BetBright will now be able to offer to its customers, a new exciting service. This include, Virtual Sports through their mobile devices on which they will be able to access through BetBright main website. There are also other features that will be offered by Virtual sports through their services with BetBright.

Betradar has been seen to be on the fore front in offering services since the establishment of Virtual Sports Betting solution that happened over two years ago. Since the launch of this Betradar has been able to provide this service to over seventy bookmarkers spread across the globe. The Virtual Sports portfolio by Betradar has thus established itself with the benefits to its customers by giving them a much realistic products to bet on.

This has proved it to be a revenue-driven concept that is engineered and established for betting. The service gives customers quite a variety of products with many leagues and tournaments, betting markets, quality graphics as well as many other exciting features. This is what makes many punter opt to use the products by Betradar for the great betting experience.

Sportsbook director, Noel Hayes showed his enthusiasm on the new acquisition and said that Virtual Sports is currently an important entity when it comes to bookmaking and betting offers. He added that their company was on the frontline to always try and provide their customers with products that best suit their needs and the move to partner with Betradar is an indication for that. Noel said that with the new products customers can engage in the leading edge on virtual sports.

William Hill is one of the renowned UK gambling operators. Recently they pulled out from the Romanian Market. Punters were unable to continue with their betting endeavours from Tuesday 3rd June. This is after the company ceased their operations and suspended the Romanian accounts. They asked the players to make submissions of their winnings payouts.

All those webmasters who acted as the Romanian market affiliates were also instructed to get rid of banners and links which connected their sites to Romania. A Spokesperson for William Hill said that their actions were prompted by the developments around regulating the Romanian market.

A new online gambling framework is being institutionalised in Romania which is planned to attract a couple of international licensees. Last month, the government made announcements that they needed all license applicants to pay up back taxes worth 20% of all the winnings from their Romanian players dating back to 2009. William Hill’s exit follows what Ladbrokes did in January, as well as Bet365.

On May 28^th the president of Romania signed the new amendments to Government Bill 92/2014 which left the law to be published in the Official Journal for it to be put into effect. Interested operators have until the end of 2015 to send in their application to the National Gambling Office for the licenses.

On other news regarding William Hill, they ceased their offerings for their poker rake-back offers as from 1^st June. William Hill runs on Playtech’s iPoker network which prompted them to change to source-based rake model this year in February which was their model of rewarding skins for bringing in more players to their poker arena. For players who were on the rake-back deals will be switched to Hill’s VIP program.

Thanks to Inspired Gaming Group, Hills now has two new HTML5 mobile applications. These fascinating games include a Romanian themed omni-channel smash by the name Centurion which is at this time one of William Hills’ top 3 games. The other is the called Spirit of the Samurai which is a free spins slot. The SVP to the mobile section at William Hill; Dave Hammond said that he was excited with the performance of the two games which are exclusive to William Hill’s mobile platform.