Operator Looking to Enter New Markets
 
September 22, 2011

It stands to reason that if you have a market that was previously closed to outside vendors such as many of those in the online gambling industry are, if that market opens you are going to see a big push from the members of that market to now try and control as much of the share of it as they can. With the online casino gambling markets in Europe opening up as they have been, this means that not only are the smaller companies going to try and make a name for themselves, but you are going to get the larger ones looking to possibly make that move as well. This is where 32Red comes into the equation.
 
The internet gambling company has been looking at the various European markets to see if there might be a fit for them there, and they like what they see. They feel that Italy is a particularly good fit for them and they are hoping to surpass the expectations that have been put in place for them by their board. They think that the estimates that they have put on them are easily conquered and that they will see some real movement on that front come the end of the year.
 
They say that they are only looking at “regulated markets” for the online casino industry, and that they feel that Italy could be a good fit for them because they are regulated and they are dealing with a very “lucrative market” in the country. They know that they are going to face a lot of competition as Italy is just one market that is being targeted by the other casinos as well.


 

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