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Good Year For NetPlayTV
Tuesday May 28,2013 : GOOD YEAR FOR INTERACTIVE T.V. GAMBLING COMPANY
NetPlayTV has come a long way since the dark days of 2010
From a company struggling with losses back in 2010, the UK interactive television betting company NetPlayTV has come a long way, reporting at today's agm a solid 2012 set of results.
Chairman Clive Jones said: "Following NetPlayTV's record results for the financial year ended 31 December 2012 and strong Q1 trading update, the company is pleased to announce that Q2-2013 average daily net revenues continue to grow compared with the same period last year.
The board of directors has recommended a maiden final dividend of 0.225p per share.
"2012 was a record year for NetPlayTV with net revenue up 27.5 percent to GBP 21.8 million: GBP 17.1 million), EBITDA of GBP 4.3 million (2011: EBITDA of GBP 3.3 million), profit before tax of GBP 3.1 million (2011: GBP 600,000) and net cash from operating activities of GBP 4.3 million (2011: GBP 2.5 million)," Jones told investors.
“Mobile and tablet performance throughout 2012 has surpassed our expectations, and accounted for 12 percent of all new depositing customers in Q1 rising to 31 percent by Q4.”
The company reports total assets of GBP 19,308 000 and net cash on hand as at December 31 2013 of GBP 12,275,000.
Average quarterly new depositing casino players over the year reached 12,725
Jones said that the company has delivered its second consecutive year of net revenue growth in excess of 20 percent.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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