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Good year for NetPlayTv
Tuesday April 8,2014 : NETPLAYTV ENJOYS A GOOD YEAR
All the numbers are going in the right direction… and there are 25 percent more players.
The UK interactive television and online gambling operator NetPlayTV has published a sterling set of full year results for the reporting period ending December 31 2013, reporting the following highlights:
* 31 percent increase in net revenue to GBP 28.5 million (2012: GBP 21.8 million)
* 21 percent increase in EBITDA to GBP 5.2 million (2012: GBP 4.3 million)
* 32 percent increase in adjusted earnings per share to 1.68 pence per share (2012: 1.27 pence per share)
* 15 percent increase in profit for the year and total comprehensive income to GBP 4.1 million (2012: GBP 3.6 million)
* Cash and cash equivalents up by 13 percent from GBP 12.3 million to GBP 13.9 million.
* 42 percent increase in final dividend proposed to 0.32 pence per share (2012: 0.225 pence per share) resulting in a total dividend of 0.50 pence per share (2012: 0.375 pence per share).
2013 operational highlights included:
* New three-year ITV agreement signed in April 2013, extending the number of nights of Jackpot247 from four to six per week;
* SuperCasino.com was the headline sponsor of Big Brother and Celebrity Big Brother;
* Acquisition of Vernons.com, the e-gaming business, delivering diversification through online casino, bingo, and sportsbook;
* Significant investment in pure online digital marketing;
* Management structure strengthened for next phase of growth.
CEO Charles Butler commented:
“This has been a great year for NetPlayTV, delivering our third consecutive year of net revenue growth in excess of 20 percent and increasing EBITDA by 21 percent to a record GBP 5.2 million. We have continued to be highly cash generative during the year and are pleased to announce a 42 percent increase in the final dividend to 0.32 pence per ordinary share.
"The Group continues its significant investment in marketing and product development which has resulted in an impressive 25 percent increase in new depositing players.
"The acquisition of the Vernons.com e-gaming business towards the end of the year presents new growth opportunities with the addition of sportsbetting and bingo to the existing core casino offering. This acquisition highlights our strategy for growth both organically and via strategic acquisitions.
"The Group is well positioned in its current markets, and looks forward to building upon the success of 2013.”
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.
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