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NetPlayTV results are perking up
4/24/2012 : INTERACTIVE TV GAMBLING GROUP GATHERING MOMENTUM AGAIN
NetPlayTV results are perking up
The UK interactive television gambling group NetPlayTV has posted its preliminary results for the year ended 31 December 2011, showcasing better progress and the following financial highlights:
* 12.4 percent increase in Group revenue to GBP 22.3 million (2010: GBP 19.8 million)
* 18.6 percent rise in casino revenue to GBP 20.6 million (2010: GBP 17.4 million)
* EBITDA from continuing operations GBP 3.4 million (2010: negative EBITDA of GBP 2.8 million)
* Profit before tax GBP 600,000 (2010: Loss before tax of GBP 14.2 million)
* Operational cash flow of GBP 2.5 million (2010: negative GBP 3.8 million)
Operational Highlights included:
* Five year contract with Channel 5
* Successful launch of Supercasino iPad app
* New TV pre midnight advertising strategy
Other more recent developments include:
* New two year broadcast agreement with ITV
* Q1 2012 average daily revenue 20 percent up on Q1 2011 9 percent increase on Q4 2011
* iPhone and iPad applications for Jackpot 247 game
Commenting on the results, Charles Butler, NetPlayTV’s chief executive said:
“We are very proud of the significant strategic and commercial progress made over the past year, and the robust results announced today illustrate the strength of the company’s live TV casino proposition.
“We are confident in the opportunities for growth available in the existing UK markets through a combination of strong customer acquisition and product development, whilst also pursuing quality international expansion opportunities. We will continue to leverage our strong broadcaster relationships to drive growth and in turn create long term shareholder value."
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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