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MORE INTERACTIVE TELEVISION BETTING MOVES BY NETPLAYTV

3/27/10 - The UK interactive television gambling company, NetPlay TV has announced that it is to take control of the current Challenge Jackpot database from Virgin Media Television for a fixed cash payment of GBP 1.82 million.  
 
The move is a further step designed to achieve the company's goal of becoming the UK's leading broadcaster of gaming experiences across a broad range of platforms, said a company spokesman this week.
 
He said that NetPlay TV and Virgin Media Television have agreed significant revisions to their agreement announced of 7 April 2009, and revealed that NetPlayTV has also agreed terms with Virgin Media TV for the termination of the option agreement under which VMTV was granted options over 14.9 million ordinary shares in Netplay.
 
Under the revised agreement NetPlay TV will take control of the current Challenge Jackpot database and terminate the Option Agreement in exchange for a fixed cash payment of GBP 1.82 million. The current database generated GBP 2.9 million of gross gaming margin from 12 May 2009 to 31 December 2009 and was subject to a revenue share agreement.
 
Under the revised terms all revenues arising from this database will be retained by NetPlay TV, with VMTV receiving fixed monthly payments that reflect the value of its airtime.
 
Martin Higginson, group CEO of NetPlay TV plc, said: "The revised terms of this deal allow us to invest in the future development of  the Challenge Jackpot brand, as well as the ability to extend it onto other channels.
 
"We see Challenge Jackpot as the mass market gaming channel in our portfolio, with something for everyone. Over the coming months we will introduce more live TV games allowing us to broadcast to wider audiences at peak times.
 
"Termination of the option agreement is a good use of the company's cash reserves. It reduces the threat of dilution for all shareholders."



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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