32Red's trading in line with directors' FY views

Online gaming operator 32Red said its trading is in line with directors' full-year views as it booked a 63% record surge in half-year total net gaming revenue (NGR) to £30.4m, from £18.6m.

"Our excellent growth was achieved despite a very active sports market towards the end of the Period coinciding with the European football championships," said chief executive Ed Ware.

"This demonstrates the appeal of the 32Red brands and customer experience as well as the opportunities ahead for 32Red to deliver further growth as we exploit marketing opportunities."

32Red added that the strong trading momentum had continued since the period end on 30 June, with the number of like-for-like (LFL) active users in the first 27 days of July 2016 up 21% on the year.

LFL wagering levels were up 33%, although an unusually weak casino gross win margin resulted in NGR being slightly behind (-2%) a very strong July 2015 comparative.