13th Oct 2006 08:00
32Red Plc13 October 2006 32Red Plc("the Company") Strategic update 32Red is a UK betting and gaming brand whose success to date has been founded onits focus and exposure to the UK. The Group will continue this approach and therecent acquisition of Betdirect and the sponsorship of Premiership football clubAston Villa underline our ongoing strategic positioning. The vast majority of 32Red's business is sourced from outside the USA. However,a limited percentage of revenue has originated from the USA on our casino andpoker platforms and the profit from this revenue stream has been immaterial inthe year to date. Betdirect, our UK focussed sports betting operation, has neveraccepted bets from the USA. Following the changes in US legislation concerning the Safe Ports Act, 32Redwill no longer accept any bets from the United States with effect from 9am,Friday 13th October. 13 October 2006 Enquiries 32Red Plc Tel: 00 35 049 396Ed Ware, CEO College Hill Associates Tel: 020 7457 2020Matthew SmallwoodJamie Ramsay Numis Tel: 020 7776 1592Andrew Dawber This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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