With the regulatory environment easing in Europe, online betting and gaming operator 32Red looks to enter licensed markets, particularly Italy, and expects to surpass market estimates for 2011, its chief executive said. 32Red expects to post another set of record results for 2011, boosted by increased investment in marketing activities that has consistently yielded new casino customers. ?The business is definitely on a roll. We are investing more money in marketing at the topline and we are being more aggressive with our promotions, which are bringing in new players,? Chief Executive Ed Ware told Reuters.
http://www.reuters.com/article/2011/09/19/us-32red-idUSTRE78I39H20110919
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Source: http://onlinecasino.productnewsnow.com/2011/09/20/online-gaming-firm-eyes-newly-licensed-markets/
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