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Netplay Gross bets up by 308 percent to GBP 159 million
UK interactive television, Internet and mobile gambling group NetPlay TV showcased strong first half 2008 results this week, revealing that gross bets soared 308 percent to GBP 159 million (H1:2007 GBP 39 million) The rise was fuelled by a number of acquisitions made by the company up to end June.
The company announced EBITDA of GBP 1 million, a significant improvement on last year's loss in the same period of GBP 900 000.
Operational highlights during the period included the acquisition of online bingo operator Bingos.com for GBP 6.5 million in April, which is in the process of being integrated into a multi-currency, multi-language technical platform that will allow NetPlay to add games easily to its offering and for its customers to move between the mobile, internet and TV platforms.
The company acquired an additional 7 600 mobile quiz subscribers from mobile content provider Rubberduck in March, Sky Channel 848 (now Sky Channel 867) and the customer database of PitchGaming customer database in May, and added web games to LiveRoulette.com in July.
NetPlay signed a 12-month contract with Turner Media Group in May to broadcast its live roulette show on Nuts TV every Friday, Saturday and Sunday on both Freeview and Sky as its contract with Virgin Media came to an end in June. The company is currently in negotiations with a number of broadcasters with a view to extending its TV offering.
Martin Higginson, the executive chairman of the company said that 2008 had thus far been a positive year for the company. "In H1 we generated a profit before tax and, with the acquisition of the Bingos.com business, we have further strengthened our position as the market leader in the converged multi-platform gaming arena. We continue to invest in the business as we strive to deliver the very best player experience," he said.
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$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
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NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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