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32Red

Date Reports available Download
Sep 04
2006
Busy second half ahead
32Red was disappointed to have to signal a profits downgrade, but much of this is attributable to short term external factors: the World Cup, July hot weather and a poor Goodwood. The core casino brand is very highly rated and management’s past experience at Ladbrokes gives us confidence that they can turn around the recently acquired loss-making Bet Direct business and benefit enormously from cross-selling opportunities.
Research type: Company Comment - Interim Results
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