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NetPLayTV half year results

Thursday September 13, 2012 : HALF YEARLY RESULTS POSTED BY NETPLAYTV
 
Revenues and profits up markedly in H1-2012
 
The British interactive television gambling group NetPLayTV plc has joined the growing number of online gambling companies posting better half yearly results, reporting highlights for H1-2012 ending June 30 that include:
 
* Revenue up by 33 percent to GBP 13.02 million (H1 2011: GBP 9.81 million)
* EBITDA improved by 49 percent to GBP 2.35 million (H1 2011: GBP 1.58 million)
* Strong Cash generation, increasing by GBP 2.60 million to GBP 10.54 million
* Profit before tax up 500 percent to GBP 1.61 million (H1 2011: GBP 270,000)
* ITV1 broadcast agreement renewed in April
* Maiden interim dividend of 0.15p per share (H1 2011: nil)
 
Casino Key Performance indicators
 
* New depositing customers increased by 74 percent to 24,951 (H1 2011: 14,364)
* Total active depositing players increased by 51 percent to 36,730 (H1 2011: 24,254)
* Mobile and tablet new depositing customers accounted for 18 percent of total depositing sign ups
* Increased marketing expenditure and TV advertising has led to the strong increase in depositing players
 
Current trading
 
* Continued strong trading in Q3 with average daily revenue up 28 percent on the same period last year
* Full year EBITDA expected to be ahead of current market expectations
 
Commenting on the results and the trading update, Charles Butler, NetPlay TV’s group CEO, said:
 
“We have continued to see an increase in active depositing casino players and further investment in marketing has made a significant impact.
 
“Thanks to our continued drive for growth and the resulting increase in revenue and profitability, we are delighted to announce our maiden interim dividend which is a demonstration of the Board’s confidence in NetPlay’s business model and the company’s future growth. We look forward to continued success and to creating further value for our shareholders."



Gambling News :

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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